PartyGaming IPO off and running

LONDON (AP) – Shares of PartyGaming PLC, the world’s biggest online-poker company, rose 11 per cent in their first day of trading Monday on the London Stock Exchange despite concerns of a possible crackdown on Internet gambling in the United States, where most of its players reside.

Shares in Gibraltar-based PartyGaming opened at an offer price of 116 pence (US$2.12) on the London Stock Exchange, valuing the company at 4.64 billion pounds ($8.46 billion). By the end of trading, the share price had risen to 129 pence ($2.35).

More at Canada’s National Post

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WSOP 2005 – Sorenson wins $5000 entry Seven Card Stud

Normally you will have a hard time finding a seven card stud game going on. While long the game of choice, it has been supplanted by Omaha and, more prominently, Texas Hold ‘Em. This wasn’t the case on Saturday night as the $5,000 Seven Card Stud championship was played out in the Amazon Room at the Rio. The event, to be broadcast as part of ESPN’s coverage of the 2005 World Series, started out with 192 players vying for the top prize of $293,275.

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