Hustler Casino Live - Nick Vertucci

Hustler Casino Live - Nick Vertucci

Nick Vertucci is the co-owner of High Stakes Production, creator of Hustler Casino Live.

Nick Vertucci is a serial real estate seminar scammer and convicted felon.

Nick Vertucci has not had a losing session on Hustler Casino Live stream for over 2 months.

Does anyone find this strange?

) 1 View 1
10 March 2022 at 11:26 AM
Reply...

460 Replies

5
w


by Fore k

Don't confuse having a board with having outside directors on a fiduciary board. MOST companies, even small family ones, have a board, have required board meetings and have minutes of these meetings. The meetings may only last 2 min. but they do happen.

It is actually in many states a primary difference between a sole proprietorship and a company (specifically LLC).

(Ask me how I might know this).

You can have one director on the board who is also the main executive of the company.


i asked limon to come in here and comment on value of hcl. given his experience as an owner of latb.


I have a different Nick Vertucci memory to bring up. Does anyone remember Nick posting a photo on Twitter of him and his nieces at a funeral last year? Someone commented on the photo that it looked a bit strange that the girls in the photo had big smiles in the photo. It looked a bit off to me as well.

I've been to a funeral in recent years for a close relative and there were family photos taken. In none of those photos was I flashing a big happy smile for a picture. I just think its a weird look for people to be flashing big smiles for a sad occasion in a photo like that. I remember feeling pretty sad at points in the funeral I attended and I had more of a neutral facial expression for the pics taken. A big smile looks in a funeral photo makes it look like you aren't that sad, or that the smile itself is disengenious. Either one is a bad look, so I'd just avoid a big smile there.

If that wasn't already strange enough, Nick then used the same photo to put out a "Merry Christmas" tweet a few months later. Using a smiley funeral photo as a Christmas photo had me thinking WTF.

This is a extremely minor incident in relation to being a real estate scammer and sexual extorter, but at the same time I think it is just a small reflection of how the guy just lacks in judgement, class and taste. He is just a guy who doesn't belong in the poker world, or any type of world that requires integrity, morals and class.


by Fore k

You are changing terms...having a board and having an outside board are different. But most companies, even small ones have a board. In the state I live, an LLC is REQUIRED to have a board. I (and wife) have multiple LLC's. The board requirement applies even to single owner LLC's.

In this case, no BOD is needed. As discussed in parallel, HCL is operating under the gaming license of HC. As such, the casino does have say over much of HCL including being able to force out NV. They may not have the e

i have never heard of an llc requiring a bod. i guess you could elect to have one. did you convert your llc to s-corp? honestly, what states are you llc's in?


by MizrachiPoker k

I have a different Nick Vertucci memory to bring up. Does anyone remember Nick posting a photo on Twitter of him and his nieces at a funeral last year? Someone commented on the photo that it looked a bit strange that the girls in the photo had big smiles in the photo. It looked a bit off to me as well.

I've been to a funeral in recent years for a close relative and there were family photos taken. In none of those photos was I flashing a big happy smile for a picture. I just think its a weird loo

it's ironic that your talking about integrity, morals and class in poker and your handle is "mizrachi poker", lol. nick is actual perfect for poker. the poker world is nothing but people with no integrity, no morals and no class. and if you disagree, you just haven't played enough poker yet.



So I ended up finding the NV funeral photo which doubled as a Christmas photo.

And liveplaydonk, as far as any morale or integrity issues related to Michael Mizrachi, him being chosen for my screenname or avatar doesn't necessarily mean I'm supporting any malicious actions he's taken. I honestly don't know his history well enough to know what you are talking about. I know he is buddies with Chino Rheem who is a known scumbag. But otherwise, I don't know much of Mizrachi's history besides seeing him on WPT and WSOP televised shows.


by MizrachiPoker k

So I ended up finding the NV funeral photo which doubled as a Christmas photo.

And liveplaydonk, as far as any morale or integrity issues related to Michael Mizrachi, him being chosen for my screenname or avatar doesn't necessarily mean I'm supporting any malicious actions he's taken. I honestly don't know his history well enough to know what you are talking about. I know he is buddies with Chino Rheem who is a known scumbag. But otherwise, I don't know much of Mizrachi's history besides seeing

fair enough. you would have to know the mizrachi & family to understand the irony.


by MizrachiPoker k

He is just a guy who does belong in the poker world, not any type of world that requires integrity, morals and class.

Fixed it for you.


The moment you get rid of all people with questionable morality and questionable past history of making money from poker is the moment poker is dead forever.


I, for one, am glad the the 2+2 attorneys are getting to the bottom of this!


by MizrachiPoker k

So I ended up finding the NV funeral photo which doubled as a Christmas photo.

And liveplaydonk, as far as any morale or integrity issues related to Michael Mizrachi, him being chosen for my screenname or avatar doesn't necessarily mean I'm supporting any malicious actions he's taken. I honestly don't know his history well enough to know what you are talking about. I know he is buddies with Chino Rheem who is a known scumbag. But otherwise, I don't know much of Mizrachi's history besides seeing

Meh. Some families just don’t have sad funerals. I don’t want my family to be crying at my funeral personally.


by BringBackMo k

It's not a publicly traded company, so no board that a CEO would report to.

I’m not saying that hcl has a board or not (I doubt it) but you’re about this, private companies have boards all the time


by rickroll k

I’m not saying that hcl has a board or not (I doubt it) but you’re about this, private companies have boards all the time

Having an independent board at a 7 figure valuation or low 8 figure valuation is pretty dumb. The company isn’t making enough money to compensate a board with any reasonable amount, you’ll get better advice from a barber or a bartender than someone willing to be an independent board member for a $5 million company.


Pugdolk is either a troll or Nick himself, please stop feeding him, Nick is fat enough already



Since he switched to drinking a large smoothie every show Nick’s BMI and body fat percentage has notably improved tbh


My best guess is he was fired for breach of contract. His partnership or employment agreement probably had some clause that would allow for this in case of behaviour like this or just plain strong armed into resigning.

Either way, they can't claw back his vested shares. (Assuming he had any vesting at all). So he is still going to be a part or half owner of HCL. I doubt Ryan has the liquidity to buy out nittuci. He is just not operationally involved going forward. This would be my best guess for what has happened.


by PugDolk k

The moment you get rid of all people with questionable morality and questionable past history of making money from poker is the moment poker is dead forever.

By your standards ye because you’re actively defending sexual assault. There is not much goal post shifting that can take place from this point


by Fore k

You are changing terms...having a board and having an outside board are different. But most companies, even small ones have a board. In the state I live, an LLC is REQUIRED to have a board. I (and wife) have multiple LLC's. The board requirement applies even to single owner LLC's.

In this case, no BOD is needed. As discussed in parallel, HCL is operating under the gaming license of HC. As such, the casino does have say over much of HCL including being able to force out NV. They may not have the e

You seem like a smart person who is arguing in good faith, so all I can surmise is that we are talking about two entirely different things here.

Here, word for word, is what I wrote in response to someone asking if a hypothetical HCL board of directors could fire or force out Nick Vertucci:
“It's not a publicly traded company, so no board that a CEO would report to.”

The point I was making is not that a private company can’t have an outside board. It was that the outside boards of private companies rarely have the power to fire a CEO because the CEO doesn’t report to them. That’s it. That’s the only point I was making.

One additional point for this discussion: Outside v inside board is a very important rather than a nominal distinction in this particular conversation because we’re talking about the power to oust a CEO. An inside board is often nothing more than equity holders and perhaps higher-level executives in the company. Generally speaking, they all work together every day and being on the board is just an extension of their typical work duties and relationships. That you and your wife have multiple LLCs together, for instance, leads me to suppose that you and your wife are the primary equity holders and employees in these LLCs, and that the boards for them probably consist of you and your wife. One of you is exceedingly unlikely to oust the other from a leadership role while keeping the business going.

I’ll give you the final word in this exchange.


by PugDolk k

Since he switched to drinking a large smoothie every show Nick’s BMI and body fat percentage has notably improved tbh

Hi Nick


by freedom 35 k

Not trying to nit pick but often in the case of absent owner(s), a board of directors is not uncommon to be appointed. Duties that include hiring/firing the CEO, who directly reports to the board. As is the case in the organization I work for.

It’s a fair point and I’ve been trying to be careful to use qualifiers such as “usually” and “generally.” I agree with you that there are exceptions, but I find them to be quite rare.


by MizrachiPoker k

I have a different Nick Vertucci memory to bring up. Does anyone remember Nick posting a photo on Twitter of him and his nieces at a funeral last year? Someone commented on the photo that it looked a bit strange that the girls in the photo had big smiles in the photo. It looked a bit off to me as well.

I've been to a funeral in recent years for a close relative and there were family photos taken. In none of those photos was I flashing a big happy smile for a picture. I just think its a weird loo

Wasn’t that Trump? The smiling at a funeral thing.


Has anyone consolidated the accusations against NV in one place?
With all known/alleged details?

I ask since 2 things can be true:

1) The "where there is smoke there is fire" impression that NV is at minimum a loathsome creep. As he is a father of daughters, it is especially shameful.

2) Each accusation/incident needs to be judged discreetly as well (on principles of justice).


We should start a Gofundme for Lauren to get a lawyer and sue the pants off HC. Then we could split the settlement and go play poker at HC.


Remember when a literal rapist played on HCL and no one cared because he was a whale. HCL has always been filled with bottom of the barrel scum. To set up a game with these sorts of characters invited, you have to be a low empathy sleazeball at best, and probably someone who would do criminal stuff themselves if the right opportunity arose. Imagine playing in a game with such disreputable owners and runners.


How do you make a cheating scandal go away without it going public but still shaming and ensuring those involved don't go near poker or casinos again?

Reply...