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...trio's timing was propitious. Internet poker was already available in the late 1990s, but the technology was clunky and the game less popular than sports betting and lotteries. Dikshit created a version that enabled multiple players to participate, and PartyGaming quickly went after the market leader at the time, Paradise Poker. "We weren't ready for the launch when we did launch" in August 2000, Bhargava recalls, shuddering at the site's initial reliability problems. The breakthrough came a year later, when the company hired a well-known poker player, Mike Sexton. He came up with a gimmick that...

Author: /time Magazine | Title: Investing: How the U.S. Is Getting Beat in Online Gambling | 11/20/2005 | See Source »

When poker took off in the U.S. after the Travel Channel began televising tournaments in 2003, PartyPoker was holding aces in the hole. The contests, with peephole cameras under the table capturing the action and graphics showing each player's odds of winning, proved a smash hit for the cable channel. PartyGaming paid a bargain $7,000 per 20-sec. spot to advertise on the show. "We saw our market share go up from 20% to 50% in a fairly short period," Bhargava says. PartyGaming spent a whopping $52 million in the first half of this year to entice paying...

Author: /time Magazine | Title: Investing: How the U.S. Is Getting Beat in Online Gambling | 11/20/2005 | See Source »

...Number of games (up from 10) a Major League Baseball player must sit out after testing positive for steroids, under a new agreement between team owners and the players' union...

Author: /time Magazine | Title: Numbers: Nov. 28, 2005 | 11/20/2005 | See Source »

...Number of times a player must test positive for steroids to be banned from the sport...

Author: /time Magazine | Title: Numbers: Nov. 28, 2005 | 11/20/2005 | See Source »

...voice is such a mystery. It is hard to diagnose if something goes wrong. No one really knows what happened to Callas' voice when it went. But I am now at a point where I can trust my voice better. It is like a tennis or a golf player; you have to trust in your technique. Singing in a high range, like [in Strauss's] Daphne, is a risk, but risk is exciting. That is what audiences want...

Author: /time Magazine | Title: 10 Questions for Renee Fleming | 11/20/2005 | See Source »

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