I think at first his plan was to scam investors balances slowly hoping they won't notice.  I kept questioning him in his offical thread about discrepencies between my losses as an investor and the house loses.  He probably decided that he couldn't use that scam any more and opted for the total ripoff scenario.

He has the code for the casino.  He will rebrand it, rework the interface a bit and pop up in a few months as another casino with a new colour scheme.

Perhaps this wasnt even his first iteration of this scam.  I am unfamiliar with any other casinos as I was not involved at all but you guys that have been around gambling for a while might be able to ascertain if there were any scams in the past which preceeded CCD of similar nature, similar MO.