Lakes Entertainment Giving Away WPT Stock to Shareholders

On October 7th, 2008, Lakes Entertainment announced it would be distributing all of the company’s shares of World Poker Tour Enterprises (WPTE) stock. Lakes, a casino development and management company, is the largest…

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Casino poker language:

SIDE POT - When an active player runs out of money during the course of a hand, the remaining players participate in a second or SIDE POT for the rest of the hand. Additional side pots are possible if several players run out of money at different points in a hand.
STEAM - Playing wildly, calling and raising a lot, because one is upset. Compare: ON TILT.
SEAT POSITION - The actual seat a player has, normally numbered sequentially starting with 1 as the first seat to dealer's left. Not to be confused with POSITION in a particular pot. Typically unrelated to play of a hand but often important in peripheral aspects, e.g.: "Seats 1 and 10 are nonsmoking here", "Seat 5 has a good view of the table", "Seat 3 is in a high-traffic area".
FLOP - [1] In Hold'em, the first three community cards, dealt simultaneously. [2] To deal a flop, or to make a hand on a flop. "I flopped trips".
SHOWDOWN - The point at the end of the hand where all active players reveal their cards and the pot is awarded to the winner(s).
BUTTON - A distinctive token held by the player sitting in the theoretical dealer's position, when a house dealer is used. The button rotates around the table so that every player has an opportunity to be the last to act. Also, "THE BUTTON" can refer to the player who currently has the button. ("I was the button and called the blind".) Synonyms: BUCK, PUCK.

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