Casino group wants to set up Internet poker sites and share revenue with cash-strapped state
Approval could mean up to $250 million a year for California coffers, but it’s far from a sure bet. With the state bracing for billions of dollars in budget shortfalls, a group of casinos is offering California leaders a stake in a new pot of money if they allow Internet poker sites to set up business in the state.
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Poker argot:
- DEAD MONEY - Money contributed to the pot by players who have folded.
- RIVER - The last card dealt in a hand of stud or Hold'em.
- CARDS SPEAK - Winner(s) of the hand are determined by turning their cards face up, the best hand(s) wins (no declaration).
- FILL - To draw a card that makes a five-card hand (straight, flush, full house, straight flush).
- OPEN-HANDED - A category of games characterized by a part of each player's hand being exposed.
- BACK DOOR - Applies to a hand that was made in the last card or two, specifically not a hand the player was originally planning on having. Most often applied to straights and flushes.
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