Particle.news
Download on the App Store

Lodge Card Club Reports Asset Freeze During Texas Gambling and Money-Laundering Probe

Authorities have announced no arrests or charges, leaving the club closed.

Overview

  • The Lodge said Sunday that all assets and bank accounts are frozen as part of the ongoing investigation.
  • TABC says the probe into suspected illegal gambling and money laundering followed a raid involving roughly 20 TABC agents with Williamson County deputies and the IRS.
  • No arrests were made during the operation and no charges have been filed against the business, according to TABC and the club.
  • The poker room remains shut and major events have been postponed, including a World Poker Tour weekend series.
  • The club cites impacts on more than 200 employees and on members holding chips or awaiting payouts, while owners publicly assert that player funds are safe.