paidContent - PartyGaming Buys World Poker Tour For $12.3 Million
Online gambling firm PartyGaming has purchased “substantially all of the assets” of World Poker Tour owner WPT Enterprises for $12.3 million, along with a five percent cut of revenue generated by the assets.
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Poker talk:
- STUD - Any of several poker games in which some of each players' cards are exposed.
- ON THE COME - A situation where the player does not have a complete hand but hopes to make one if the right cards come up.
- ACTION - Money that is being bet. "NO ACTION" means a hand or game has few bettors and fewer raisers. "Gimme some action" is ostensibly a plea for calls and raises.
- MAIN POT - The main pot, as related to one or more side pots, when there are one or more all-in player(s). The main pot is the one in which all active players participate.
- DEAD MONEY - Money contributed to the pot by players who have folded.
- RAINBOW - In flop games, a flop in which no two cards are of the same suit. "The flop was A 9 7 rainbow."
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