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Doug Polk Denies Money Laundering as Lodge Probe Keeps Club Closed

Polk pledges to make players whole following a statement noting the warrant affidavit remains sealed.

Overview

  • State and federal agents, including the TABC, Williamson County deputies, and the IRS, executed a search-and-seizure warrant at The Lodge last week as part of a probe into suspected illegal gambling and money laundering.
  • The Round Rock cardroom’s bank accounts and assets are frozen, the venue remains closed, and no arrests or formal charges have been made public.
  • Polk says he has no knowledge of money laundering at the club, reiterates that members will be repaid, and states he is cooperating with investigators.
  • He adds that the affidavit supporting the search warrant has not been provided to The Lodge and has not been made public.
  • Event schedules have been disrupted, with the World Poker Tour postponing a stop, while hundreds of employees and players with balances or payouts await access to funds.