Authorities Find Resolution in Borgata Cheating Fiasco

Authori<span id="more-3102"></span>ties Find Resolution in Borgata Cheating Fiasco

Atlantic City’s Borgata Casino will redistribute tournament winnings following a major chip-cheating scandal that rocked the Borgata Winter Poker Open in January. (Image: ac2lv.com)

The New Jersey Division of Gaming Enforcement (DGE) has already reached a resolution regarding the Borgata Winter Poker Open chips that are counterfeit at last. The competition had been suspended on January 18th, and later cancelled, following a revelation that the fake poker potato chips had been introduced.

The DGE certainly had their work cut out in reaching an equitable solution to a really sticky issue: whenever play had been stopped, there have been 27 players left of 4,824 initial entrants in the $500 + 60 NLH Big Stack event, which had a guaranteed prize pool of $2 million. A one-time chip leader named Christian Lusardi, actually busted on Day 2 for $6,814, it wasn’t simply a matter of confiscating his ill-gotten winnings and paying the bubble boy while the perpetrator of the scam.

Ripple Impact

Detectives had to determine which players among this field that is huge be believed to have been adversely suffering from the cheating and discover a fair way to circulate a total of $1,721,805 to those that deserved it. That includes $1,433,145 in prize money, as well as $288,720 the Borgata collected in registration charges. This also meant attempting to quantify the intangible ‘ripple effect’ that Lusardi’s scam might have caused; a task that is almost impossible.

The DGE decided that 2143 entrants who failed to cash were entitled to their money back (buy-in plus reg charge). These included all players who played on Day 1a from 10am, apart from people who started in the Event Center and had been eliminated before 4:30pm, whilst the group that is latter not have come right into connection with Lusardi. Since it was a reentry tournament, Lusardi was also playing on Day 1b, having busted Day 1a, and so all players who played that day from 10am are also eligible, apart from people who played in the Signature Room and Poker Room. Meanwhile, the $50,893 in rewards owed to players who busted within the money will be paid as planned, while the rest of the 27 players still ‘in’ will chop the rest for $19,323 each.

While this would be seemingly the fairest solution given the circumstances, the Borgata may nevertheless have a headache to contend with. In February, a lawsuit that is class-action filed by New Jersey attorney Bruce Li Causi with respect to one of many players, Jacob Mustere. The lawsuit claimed that players ought to be liable to damages as well as refunds. At the time of writing, it just isn’t known whether Causi’s client is satisfied with the current settlement.

Money Down the Can

Meanwhile, Lusardi continues to be in jail in New Jersey on $300,000 bond, awaiting trial. He was arrested after attempting to flush 2.7 million in fake tournament chips down the toilet of his hotel room at the nearby Harrah’s Resort. This triggered the pipes becoming clogged, which caused water to drip down into the available spaces of guests on to the floor below. He is also charged with running a large-scale DVD that is pirate from their North Carolina home that allegedly grossed over $1 million.

The Borgata has since introduced brand new high-tech poker potato chips that are more intricately designed, making them harder to counterfeit, and will be checked under ultraviolet light.

Everett May Purchase Land for Wynn Casino

Will the town of Everett buy this site of a Monsanto that is former chemical for Wynn Everett? Mayor Carlo DeMaria hopes therefore. (Image: wcvb.com)

It would appear that every right time an obstacle emerges for starters of the proposed Massachusetts casino plans, someone or something measures up to provide a solution. Then when there were questions regarding who would take advantage of the sale of land Wynn Resorts would use to host their Everett casino, perhaps we should have expected a resolution to provide it self before too long.

Eminent Domain Buy Considered

In this situation, the town of Everett itself may finally get the property before attempting to sell it to Wynn, sidestepping the murky situation that currently surrounds the land sale. The city would use their power of eminent domain to purchase the land along with seven other properties in the area for a price that is total of $41 million. The land required for the casino could be sold to then Wynn from the city.

According to Mayor Carlo DeMaria, this move would not be solely for the advantage of Steve Wynn and the casino that is potential he wants to build. Instead, this is a plan which was in development before anyone considered gambling that is bringing the city.

‘This area, when you are well aware, is critical to your future success of the entire city and will serve being a gateway towards the entire region,’ DeMaria wrote in a letter to Everett city councilors final week. ‘My administration is committed to realizing the potential that is extraordinary of area and the city as a whole.’

Controversy Over Secret Partners

While the city may be willing to buy the land so as to build up it, that was not the proposal that is original was banking on. They had planned to buy the land for $35 million, presuming that the Massachusetts Gaming Commission was to approve their casino plan.

As we recently reported, the controversy within the land began after commission investigators unearthed that the present owners of the property FBT Everett Realty might be lying about the involvement of Charles Lightbody, one of these original partners. Lightbody, a convicted felon, claimed to possess sold off their interest in the house sometime ago, despite having put up $1 million regarding the original $8 million purchase price in 2009.

That could have already been resolved if the other owners had pledged that the property sale wouldn’t benefit any unknown, key partners. By Anthony Gattineri has refused to sign such a pledge, fueling speculation that Lightbody may have an interest. And considering that the commission has required the statements to be signed in order to accept Wynn’s license, it offers put the sale in question.

A Public Purpose?

Issue of whether or not the town of Everett could possibly get for this problem with the use of eminent domain could be tricky. The city can only take private land if doing so serves a public purpose under state law. Mayor DeMaria claims the land is good for redevelopment and that the city would invest tens of millions to upgrade the region after the purchase.

But not many people are convinced that anyone would develop the area if Wynn doesn’t have the casino permit. City Council president Michael Marchese says he looks at the proposition as nothing less than a favor to Wynn.

‘We haven’t possessed a developer here in over 20 years,’ Marchese said. ‘We only know what we hear, and what we hear we don’t trust.’

Illinois Rep Bob Rita OffersTwo Plans for Chicago Casino Expansion

Will Illinois legislators approve either of Rep. Bob Rita’s land gaming proposals? The jury’s still down. (Image: chicagotribune.com)

It’s not hard to imagine exactly how lucrative a casino that is massive in Chicago could become. It’s been a fantasy of many for decades now, though never one which includes come anywhere near fruition. Now, one lawmaker has placed two proposals for such a casino before an Illinois House committee though the likelihood of either ultimately passing into law are slim at most useful.

Two Plans, One Guy

Representative Bob Rita (D-Blue Island) has put together two versions of a plan that would bring casino gambling to Chicago. In the first version, designed to appease as many interest groups as you possibly can, five new gambling enterprises would be authorized. That would add a Chicago casino with up to 4,000 games, along side smaller casinos in Rockford, Danville, Lake County and another suburb towards the south of Chicago. It would also give racetracks the best to host a varying number of slot machines, up to 600 for locations in Cook County.

But that’s not the plan that received the attention of the Illinois House. It’s an alternate Rita-backed plan one that would accept only an individual casino with up to 10,000 games in Chicago that promised to cause plenty of heated arguments on both sides of the issue.

Chicago vs. Downstate Illinois

Rita is hoping that by talking to lawmakers, they can convince them that a massive Chicago casino will gain the state that is entire. Their plan would see half of all revenues from the casino that is proposed projects throughout the state.

‘It’s part of the procedure of moving this ahead,’ Rita stated before the hearing. ‘ We now have never ever had the full in-depth conversation or a hearing of the Chicago-only choice.’

The plan that is single-venue popular with the Chicagoland Chamber of Commerce, which said during the hearing that they would like a casino in the central area of downtown Chicago. Governor Pat Quinn has additionally suggested that this form of the bill is more prone to earn his support than previous bills which he has vetoed.

But politicians through the rest of the state are predictably suspicious of any plan that would expand gambling only in the city.

‘The purpose [of gambling expansion] would be to help communities that are economically distressed’ said state Representative Chad Hays (R-Catlin). ‘ I would personally suggest that downstate taking the leftover crumbs from Chicago is really a laughable assertion that no downstater would bite on.’

A Term from the Mayor

Danville Mayor Scott Eisenhauer also weighed in against a plan that is chicago-only.

‘The possibility to add downstate job creation and revenue growth far outweighs the advantages of a license that is chicago-only’ said Eisenhauer 888 casino casinobonusca, who also planned to attend the hearings.

Representatives from social groups spoke at the hearings to say that they were concerned about the impact a massive casino would have in the state. Meanwhile, other casinos stressed that a venue that is large Chicago would hurt their businesses. And the horse rushing industry opposes both the single-casino and broader expansion plans, while they want more slots available at their tracks.

With so opposition that is much across the state, many lawmakers feel that only a broader gambling bill has any chance of success.