SEC subpoenas operator of DoylesRoom.com
In December last year we reported that the Securities and Exchange Commission (SEC) is investigating a $700 million offer for California-based WPT Enterprises (World Poker Tour) made on behalf of Doyle Brunson by the Las Vegas law firm Goodman & Chesnoff PC. This week the news surfaced that the SEC has now subpoenaed Wallace Nakano, the operator of DoylesRoom.com, twice as part of it’s investigation.
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Useful poker terms:
- SPLIT [THE POT] - To split the pot between two or more players. Related term: QUARTER.
- POSSIBLE [STRAIGHT/FLUSH] - Up cards that quite possibly could lead to a straight and/or a flush.
- DRAW OUT - To catch a card that improves your situation from a losing hand to a winning hand, especially when you beat someone holding a hand that usually figures to win.
- BACK DOOR - Applies to a hand that was made in the last card or two, specifically not a hand the player was originally planning on having. Most often applied to straights and flushes.
- FACE CARD - A jack, queen or king (a card with a face on it, not joker).
- 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.
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