888 Holdings’ 2nd Quarter Grows Despite Stagnant Poker Earnings

888 Holdings, online gaming company and home to Pacific Poker, posted a healthy second quarter financial report this week. Net gaming revenue (NGR) came in at $67 million, up 33% from the same period last year and up 4% from last quarter…

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Useful poker terms:

RACE - In tournaments it is sometimes convenient to remove all lower-denomination chips from play, as the remaining players' stacks tend to grow. Small chips are converted to larger chips and any odd chips are "raced off" in the following way: each player with odd chips places them in front of his stack and is dealt one card for each chip. Highest card (rank and suit) takes all the small chips and converts them to higher-denomination chips.
FAVORITE - Before all the cards are dealt, a hand that figures to be the winner. Ant: UNDERDOG.
STUCK - Down a nontrivial amount of money, as in "he's stuck $800".
RERAISE - To raise after an opponent has raised.
BUNNY - An eight. So named because one can easily draw "rabbit ears" above the numeral 8, "paws" in the middle and "feet" at the bottom. (Do this only at home, and not on cards that will be used for play.)
LOWBALL - Generic term for poker where the lowest hand wins.

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