Lodge Card Club Raided / Grand Jury does not indict any Lodge employees
Came looking for some info on this, but I guess I will kick the thread off. Anyone there at the time or know more detail
Ken Paxton plays at TCH not the Lodge
Lmao!
Texas is old school and super conservative…….what did you think was going to happen when you shove in the politicians/lobbyists face?
Texas poker is fine…….just not Lodge round rock…….(not in Austin)
I do not follow Doug on social media, but someone ITT said he seems to be walking that claim back and is now framing repayment within whatever limits his lawyers have laid out. Can anyone confirm?If that is true, someone should screencap it and post it here for historical purposes.My take is that if people are not being paid now, they should assume they are not getting paid any
your pony is slow
Was a state lead investigation but money laundering and tax evasion would most likely be pursued at federal level. So not surprised no immediate charges. With Lodge s/d and funds seized, no rush to charge because nothing criminal ongoing.Two likely scenarios. One is someone at Lodge actively “in on it”. The other is Lodge was unknowing “victim” with inad
I mean you are right criminal charges could come later but they investigated for 6+ months. There's really no reason they have to delay criminal indictments unless they really aren't interested in pursing that direction in my opinion. They also left the other lodge entity totally untouched which is atypical especially when they operate the same way for the most part with the same owners for the most part. Their position isn't just money control issues. They're saying illegal gambling occurred as well which means both entities are breaking the law and laundering illegal proceeds according to their interpretation.
Ken Paxton plays at TCH not the Lodge
Lmao!
Texas is old school and super conservative…….what did you think was going to happen when you shove in the politicians/lobbyists face?
Texas poker is fine…….just not Lodge round rock…….(not in Austin)
Exactly what has The Lodge done that TCH hasn’t to “ shove in the politicians/lobbyists face”?
PLO Professor spoke in a video about his experience having his club in Michigan shut down. They took around a year before any files were charged, hit him with a bunch of felonies, told him they were going to make an example of him unless he took a plea deal to surrender the cash they took, etc.So no indictments can mean they're just going to keep the business shuttered until t
This is their typical approach and what I expect to happen if they just want this specific club to close and not reopen. If they wanted to close all poker clubs and get a precedent they would push for trial/pursue criminal charges as a priority in my opinion.
People are just flat out not smart
-Billboards on 1-35
-taking care of the correct people in place to stay open
-not being out on front street when you are operating in an obvious grey area
For starters!
Don’t be so ignorant……..no more explanations! Lol
I do not follow Doug on social media, but someone ITT said he seems to be walking that claim back and is now framing repayment within whatever limits his lawyers have laid out. Can anyone confirm?
That's not walking it back as he never set a timeframe prior. It seems extremely obvious and logical he's not paying out until it's legally and financially responsible to do so.
In the end……..people just want their $……..including myself……..i know a handful of people who had $50k plus in their box…….and many others with $20k plus
I already accepted it is gone like the wind!
Unfortunate for all the employees especially ones who moved from across the country and numerous ones i know personally
People are just flat out not smart
-Billboards on 1-35
-taking care of the correct people in place to stay open
-not being out on front street when you are operating in an obvious grey area
For starters!
DonÂ’t be so ignorantÂ…Â…..no more explanations! Lol
TCH Social has billboards. Their building is very visible from 183. Your second point is talking about corruption. It doesn’t have anything to do with shoving anything in anyone’s face.
I'd imagine that while TCH appreciates the volume bump that they don't want this either....think about it they prob had a mini bank run on their chips as who is going to keep cash in TCH chips when the Lodge's chips just got effectively zero'd... also all their staff has to be looking over their shoulders seeing their compatriots from the Lodge on unemployment or taking shifts from their weaker less-senior dealers... the quid pro quo corruption seems less likely to me than a disgruntled employee snitching (either for a whistleblower award or pure spit....)
Nobody is getting paid
Club is not reopening
Bankruptcy best case scenario
No gaming commission/oversight
This was absolutely an isolated incident
If bankruptcy is the answer, he/the LLC can’t make preferential payments to the players.
Has absolutely everything to do with it
Only one party in this scenario benefits…….that is TCH
You have no clue how business is done in the real world
Just stop posting + commenting
Squares going to be squares
Lol
I mean you are right criminal charges could come later but they investigated for 6+ months. There's really no reason they have to delay criminal indictments unless they really aren't interested in pursing that direction in my opinion. They also left the other lodge entity totally untouched which is atypical especially when they operate the same way for the most part with the sa
Illegal gambling does not necessarily equate to money laundering. The gambling likely doesn’t break federal law
Oh give me a break. That’s what you meant when you said
“ what did you think was going to happen when you shove in the politicians/lobbyists face?”
That’s why you talked about billboards. If you had been paying attention you might have noticed that I pointed out the chummy relationship between TCH and AG.
I believe I’ll continue to post here and you can continue to insult people and submit posts that don’t quite make sense. You get the last word on this one. I don’t play the troll / insult game.
Oh give me a break. That’s what you meant when you said “ what did you think was going to happen when you shove in the politicians/lobbyists face?”That’s why you talked about billboards. If you had been paying attention you might have noticed that I pointed out the chummy relationship between TCH and AG. I believe I’ll continue to post here and you can continue to insult peopl
Brother, you’re mixing me up with another poster.
Illegal gambling does not necessarily equate to money laundering. The gambling likely doesn’t break federal law
Proceeds from facilitating illegal gambling moved to other corporations/accounts/distributed to owners would though. Thats the evidence I've seen or what it looked like but I could be mistaken or there could be more information not released. I agree it's more likely they were not compliant but that's not what's being said.
Anyone with more than 2-3k in a box in a TX card room is making poor life decisions, whether you are a good poker player or not. If some of you would have been around in Houston when they jammed up Post Oak, you would have known better.
Anyone with more than 2-3k in a box in a TX card room is making poor life decisions, whether you are a good poker player or not. If some of you would have been around in Houston when they jammed up Post Oak, you would have known better.
$2-3k isn't the same amount of money to everyone. Some people are playing games they're buying in for $5-20k. $2-3k in a box isn't even getting them in the game
$2-3k isn't the same amount of money to everyone. Some people are playing games they're buying in for $5-20k. $2-3k in a box isn't even getting them in the game
Duhzzz
I’m saying playing a game that big and not leaving with your money, is bad decision making, period. Its only 3 properties in Vegas I would have a box with that much in it. We have heard of vegas boxes with big money missing.
If you are worried about your safety with cash, then you shouldn’t be playing that high or playing there and security falls short (you can ask for them to walk with you to car I assume). Its TX, everyone has the fire on them.
"Im just a shareholder" yeah, that's a bad quote. Also Doug, why call out all the other clubs? This video could have been easily 10min shorter without all the other topics being brought up.
Doug is acting like he knows what is happening on a day to day basis. The truth is he's an owner and high roller. He has no clue what is happening. He has no clue if people are exchanging chips or not checking memberships.
@2:34, Doug claims the "no economic benefit" exclusion in Texas law is meant to mean that 100% of the proceeds from the gambling / specific hands must go to the players, the implication being that the club earning an economic benefit by charging for time doesn't run afoul of the exclusion. IMO there is no basis for Doug's interpretation that I've been able to find, and it's something I researched quite a bit a few years ago when Dough first announced his stake in the club.
@3:38, Doug talks about forming a 501(c)(6) non-profit named "Texans for Texas Hold'em", which he claimed he formed to get clarity on whether charging a rake is a legal form of earning an economic benefit under the Texas law, something he brought up after he discussed how some Texas clubs charge a rake instead of time, which he thinks is illegal but "wants clarity on that". This seems specious to me - I think his true intention for the 501(c)(6) was to get clarity on whether earning any economic benefit is legal under the Texas exclusion, including charging for time, which the Lodge does.
@6:34, Doug talks about the money laundering charge and notes how it doesn't mean the usual shadowy type figures in organized crime that people may associate with it but instead could simply mean that because they're being charged with illegal gambling, the money earned from that illegal activity is de facto money laundering under the law. This is a point I also made last week on this thread. He goes on to imply that the large transactions cited in the affidavit relate to the high-rolling nature of the club, including tournaments, and how the club offers wires both for incoming and outgoing payments, something several of us have discussed previously in this thread.
@8:54, Doug talks about how being accused of violating the model of gambling in Texas law is hypocritical considering all the other clubs in Texas operating under the same model, including many which have liquor licenses, which was another of the charges (gambling illegal in Texas with liquor). He finishes the segment with deadpan with a vague implication they're being singled out but he "can't give my unsolicited opinion".
@9:55, Doug talks about how Texas forfeiture laws requires law enforcement to file a report for civil forfeiture within 30 days of seizing funds if they want to continue withholding the money, which would be April 9th in this case. I guess the implication being the state will have to reveal more details of their case in this report.
Doug goes on to say there is no clear indication the Federal government is involved in the investigation, irrespective of the claim there was an IRS agent at the raid. Doug also states how the Lodge does everything by the book, including filing the necessary reports required by anti-money laundering laws.
Doug then shoots down the theory that a competitor like the TCH sic'ed the government on them, saying it would be counter-intuitive since it would risk their own operations as well.
Doug claims he is just a shareholder and is not involved in running the club, in response to club's decision to lay off all employees.
Doug claims the Lodge isn't permanently closed, implying the layoffs aren't necessarily permanent, esp if the case is resolved favorably and quickly.
@18:06, Doug does a FAQ segment. Repeats his personal guarantee of making all players whole, even if the Lodge itself fails to do so itself. Then addresses why the other Lodge is still running (why it wasn't raided) - says he doesn't know. Then addresses if the Lodge will ever reopen - says he doesn't know. Then addresses if this means poker in Texas is under attack - Doug says he doesn't think so, which is curious.
