PartyGaming posts 1H profit, but poker sales slow
PartyGaming PLC, the owner of the PartyPoker.com web site, posted a first-half profit on Friday as the group’s international online roulette, bingo and sports betting businesses boomed, but poker revenue growth slowed.
Related Poker News:
- PartyGaming issues profit warning
- Partygaming profits up 47 percent
- ‘Net poker fever
- PartyGaming To Take Online Poker To Next Level In 2006
- Profits Up for PartyPoker Company
- 888 Holdings Posts Strong Gains
- PartyGaming Announces 2005 Financials, CEO’s departure
- PartyGaming Considering Empire Poker Purchase
- PartyGaming Earnings Report: CEO Garber to Step Down
- World Poker Tour Enterprises, Inc. Posts Profit in 3rd Quarter
- Empire Poker Still Popular
- Empire Online settlement with PartyGaming close at hand
Poker jargon:
- HOLE CARDS - In Stud and Hold'em, the face-down cards dealt to each player.
- MITES AND LICE - A hand consisting of two pair, threes over twos.
- COMPUTER HAND - Texas Hold'em hole cards of Q-7 offsuit. More generically, any hand that computer analysis/simulation determines is positive but turns out to be difficult to play in practice.
- PASSED OUT. - A hand in which nobody opens. What happens next is a function of the game being played.
- STEAM - Playing wildly, calling and raising a lot, because one is upset. Compare: ON TILT.
- OPENERS - Cards in a hand that qualify a player to open the betting.
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