J
j0, j00 - you

jeez, jeeze, jiz - Jesus

jk, j/k - just kidding
K
kewl - cool

kma - kiss my ass
L
l33t - elite - works as a noun as well as an adjective, also spelled: 1337; practically non-existent in the form spelled with normal letters (‘leet’)

l8r, l8a - later

lamer, llama - (1) loser; (2) an unskilled player; (3) someone who misbehaves; the word has a pejorative connotation in all of its meanings

lame - (a) something that does not take skill, the word has a pejorative connotation; the state of being lame

LAN - LAN tournament or event

lo - hello

lol - laughing out loud

los - line of sight

lmao - laughing my ass off

lpb - (1) low ping bandwidth, (2) a low ping bandwidth player - usually referred to players with cable, broadband or with a ping of less than 150; also meant as low ping bastard
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