Doyle Brunson’s Online Poker Room Operator Under SEC Subpoena

In an ongoing investigation of poker legend Doyle Brunson and his poker-related business ventures, specifically the goings-on surrounding his online poker room, the Securities and Exchange Commission (SEC) has placed Wallace Nakano under subpoena. Nakano, the DoylesRoom.com online poker operator, is alleged to have a connection to takeover activities involving the poker site’s namesake, Doyle Brunson, and the World Poker Tour (WPT).

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Poker terminology:

STRAIGHT - A hand consisting of 5 cards in sequence but not in suit.
UNDER THE GUN - The position that has to act first in a round of betting.
SHILL - A card room employee who plays with House money, and does not share in any of his (her) winnings or losses. Shills are used to facilitate starting games, and keeping them going. Compare: PROP.
FIXED LIMIT - A betting structure where the amount of each bet is a specific fixed quantity. Usually specified as A-B, where A is the amount to bet in the first few betting rounds and B (larger than A) is the amount bet in the later rounds. Related terms: FLAT LIMIT, NO LIMIT, POT LIMIT, SPREAD LIMIT.
ACTION - Money that is being bet. "NO ACTION" means a hand or game has few bettors and fewer raisers. "Gimme some action" is ostensibly a plea for calls and raises.
RAGS - Board cards that are small, not suited and not in sequence, e.g., 9-5-2. When "rags flop", it is unlikely that anyone has a good hand, except possibly the big blind in an unraised pot.

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