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May 30, 2024

Doug Polk's Team Purchases What Will Become the Largest Poker Room in Texas

Key Takeaways:

Doug Polk's Team Purchases What Will Become the Largest Poker Room in Texas
  • Doug Polk and his investment team, including Andrew Neeme and Brad Owen, have acquired Rounders Card Club in San Antonio, aiming to make it the largest poker room in Texas.
  • Despite a setback in a Dallas suburb, Polk's team plans to expand their poker room presence throughout Texas, eyeing every major city.
  • The new venture in San Antonio is part of a broader strategy to consolidate the fragmented poker market in Texas.

Earlier this month, Doug Polk faced a roadblock when a city vote near Dallas thwarted his ambition to establish a vast poker room. Undeterred, Polk and his cohort of savvy investors, comprising famed poker vloggers Andrew Neeme and Brad Owen, are on a rebound with a strategic move to dominate the Texas poker scene. The announcement came amidst the buzz of Polk's participation in the Hustler Casino Live Million Dollar Game, where he revealed their acquisition of Rounders Card Club in San Antonio during a live stream.

This acquisition is not the team's first rodeo. They already boast ownership of The Lodge Card Club in Round Rock, a suburb of Austin, which currently holds the title of Texas's largest poker venue, featuring over 70 tables. Polk's revelation to PokerNews prior to the live stream shed light on his strategic choice of San Antonio, citing the market's fragmented nature as ripe for consolidation. With a vision to unify the poker landscape, Polk highlighted the potential of the Interstate 35 corridor's booming growth between San Antonio and Austin.

San Antonio, home to approximately 2.5 million residents, stands as Texas's third-largest metropolitan area, following Dallas-Fort Worth and Houston. Despite the proximity, Polk is confident that the new venue won't cannibalize The Lodge's clientele. Rounders Card Club, already the largest in San Antonio with 30 tables, is poised for a significant expansion. Polk announced plans to occupy an adjacent space, doubling the club's capacity to an impressive 70-80 tables, thereby cementing its status as the premier poker destination in Texas.

The official takeover is scheduled for July 3, marking a new chapter for Rounders Card Club under the stewardship of Polk, Neeme, Owen, and their investment group. Polk's ambitions don't end with San Antonio; he envisions a network of poker rooms spanning Texas's major cities, including Dallas, despite a recent setback in Farmers Branch. His appetite for expansion also eyes opportunities beyond Texas, although suitable locations remain under consideration.

This venture reflects a continued pattern of strategic investments by Polk and his team, who previously transformed The Lodge Card Club into not only Texas's largest poker room but also a nationally recognized poker hotspot. As they embark on elevating Rounders Card Club to new heights, the poker community watches with anticipation, expecting nothing less than a game-changing evolution in Texas's poker scene.

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