Lodge Card Club Assets Frozen: No Charges Filed, No Reopening Timeline

The Lodge Card Club confirmed on March 15 that all of its assets and bank accounts have been frozen. The freeze is part of the ongoing TABC and IRS investigation into suspected money laundering and illegal gambling. No charges have been filed and no reopening timeline has been given.

Lodge Card Club exterior in Round Rock, Texas with IRS Special Agent figures overlaid, representing the TABC and IRS investigation that has frozen all club assets

Over 200 staff members are out of work. Players have funds tied up in chips or pending tournament payouts with no way to cash out.

Doug Polk’s promised detailed statement and YouTube video have not appeared. For the full breakdown of the March 10 raid, the agencies involved, and the Texas legal context, see our original coverage.

What the Lodge Said on March 15

The Lodge posted a statement on X (Twitter) addressed to staff, members, and the wider poker community. The key points:

  • Assets and bank accounts frozen as part of the ongoing investigation. The club has no access to its own funds.
  • No charges filed against any owner or employee.
  • Cannot reopen during the investigation. No timeline provided.
  • Over 200 staff members rely on the Lodge for their livelihoods and are currently unable to work.
  • Player funds remain tied up in chips and pending tournament payouts.
  • ‘Very little information’ has been made available to the club’s legal team about the reasons behind the investigation.

The statement also acknowledged the impact on vendors, partners, and the broader Round Rock community. The Lodge encouraged supporters to share messages publicly, and the response on X was substantial.

What this means for players: Polk personally guaranteed all player funds on March 11, estimated by Brad Owen at somewhere in the seven-figure range. But with the club’s bank accounts frozen, any payouts depend on Polk’s personal finances. Contact the club directly for updates.

Polk’s Promised Statement Still Missing

On March 11, Polk said he was “waiting on additional information” and would release a detailed statement “within the next day.” As of March 16, that statement has not appeared. No YouTube video either, despite his channel being his primary communication platform for years.

The silence is notable. Polk built a media career on holding other people accountable during their worst moments. Now six days have passed since the raid and the poker community is watching the gap between his promise and his delivery.

Co-owners Andrew Neeme, investor Nik Airball, and investor Ethan “Rampage” Yau have not commented publicly. Brad Owen is the only co-owner to have spoken, backing Polk’s personal guarantee and defending his commitment to the room.

What Happens Next

This story is still developing. No charges have been filed, no reopening date has been set, and Polk’s detailed statement remains outstanding. With the Lodge closed indefinitely, many Texas regulars are looking at online poker as an immediate alternative.

Looking for somewhere to play? Our US poker sites page compares every room accepting players from Texas, including crypto options for fast deposits.

We’ll update as new information comes in. For ongoing coverage, follow our latest news.

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