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Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT*

02-09-2014 , 09:23 AM
Quote:
Originally Posted by Edgelooker1
When you enter poker tournaments at Borgota, is it required to show ID or a players card before being able to play? Or can anyone just pay and play and just verbally give them a John Smith name? (Of course someone could use a fake ID but just curious as to what is required)
when signing up, just a comp card when cashing you need a card and ID
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
02-09-2014 , 09:45 AM
Quote:
Originally Posted by pninwin
anyone think the DGE now regrets using the word 'cancelled'? perhaps they had no other choice but the word might have been used somewhat capriciously. if a baseball p.r. person or a contract promoter says cancelled rather than suspended or postponed they have chosen their words carefully and know people's plans depend on them. here, as it was unprecedented, they might not have deliberated over the matter. obviously, if they said 'suspended' they might have a few more options in front of them now.
whats wrong with rescheduling a cancelled event? dont they do this in sports related events all the time? i know when my sons soccer game gets cancelled due to weather, they make it up on another day so why not?
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
02-09-2014 , 09:48 AM
Quote:
Originally Posted by jjjou812
1. Because the payouts made already are impossible/impractical to claw back. Second, by doing so they create another 400 potential claims.
2. No viable negligence theories against the Borgata given the known facts. Proximate cause problems and available legal defenses make defending the case cost effective for defendant.
3. A diverse group of potential plaintiffs with small damage claims from multiple states are difficult to manage. It may have to be a collective action vs a class action
4. No other source to pay damages i.e. No insurance covers this loss. Other defendant(s) are deadbeats.
5. Rake of 300k could be returned but i consider that coming out of borgs pocket. But why would they if it doesn't resolve all the claims?
Impractical maybe but not impossible. Since the tourney was CANCELLED due to fraud, those pay-outs might be viewed as gains from a criminal activity. The gaming commission could direct that they be clawed back.

I don't believe the 400 players would have much of a case in court. Also, the relatively smallish amounts of the pay-offs would make it -EV to go to court. Borgata might offer comps of equal amounts to sooth the pain.

Most important, these decisions/actions are not Borgata's. A notice of a return of funds received from a criminal activity issued by a the NJ State Attorney General's office carries some serious weight. I don't think what is nice/negative PR or even "fair" matters a whole lot.

Cancelled is cancelled. Never happened. Return all buy-ins.

Then Borgata does what it can do to make it "right"
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
02-09-2014 , 11:33 AM
Quote:
Originally Posted by mrdadio48
whats wrong with rescheduling a cancelled event? dont they do this in sports related events all the time? i know when my sons soccer game gets cancelled due to weather, they make it up on another day so why not?
"Okay final 27, you must reschedule your life to come back to AC to participate in a formerly cancelled event. Take time off of work, pay for flights, hotel rooms, etc when we tell you we're starting it again."

Yeah, that's going to go over well. What if the 5 people have other commitments when its rescheduled? is it fair to them?

In pro sports the teams/league foots the bill for the do-over. This is the players job so they get paid to do so. Your kid does it because you're willing to bring him back when the game is rescheduled.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
02-09-2014 , 11:48 AM
Lou,
See above but do you think there is a source so that it is not zero sum?

Jj

Last edited by jjjou812; 02-09-2014 at 12:03 PM.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
02-09-2014 , 12:11 PM
Quote:
Originally Posted by cf410
"Okay final 27, you must reschedule your life to come back to AC to participate in a formerly cancelled event. Take time off of work, pay for flights, hotel rooms, etc when we tell you we're starting it again."

Yeah, that's going to go over well. What if the 5 people have other commitments when its rescheduled? is it fair to them?

In pro sports the teams/league foots the bill for the do-over. This is the players job so they get paid to do so. Your kid does it because you're willing to bring him back when the game is rescheduled.
Dear 27 remaining players,

In an effort to complete this tournament, we are asking you to Come back to aj for a chance to win 357,000. Here is 27th place money. Here are travel expenses of 3k. Your room and board are free, as well as comping you all resort privileges. Bring your wife and kids. We will also give you 5k when you arrive. We are also adding in 5 entries into next years main into the prize pool.

Goes over pretty well with me. Wish my kids baseball games would do this.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
02-09-2014 , 12:19 PM
If 10 percent of chips were fake then refund the bustouts 10 percent of the buyin and deduct that from the prizepool. Chop it up from there.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
02-09-2014 , 12:39 PM
Quote:
Originally Posted by Polarized Mike
Return all buyins.
I had a longer response but erased it, there is no point arguing with you. You busted out and are looking for a windfall. I don't blame you. I would want returned buy ins if in you shoes.

So i would continue to advance illogical, unfair and unreasonable premises under which i should get repaid. I would ignore the legal and impractical problems with my theories simply because the event cancelled with 27 players remaining. Doesn't matter that i was knocked out 2 days before it was cancelled. Doesn't matter that 90% of field walks without money, i deserve a freeroll.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
02-09-2014 , 12:41 PM
Quote:
Originally Posted by bubonicplay
If 10 percent of chips were fake then refund the bustouts 10 percent of the buyin and deduct that from the prizepool. Chop it up from there.
It was 1%. You think the bustouts will be happy with five bucks when they think they are entitled to full refunds, room, board and travel expenses?
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
02-09-2014 , 12:57 PM
Quote:
Originally Posted by jjjou812
It was 1%. You think the bustouts will be happy with five bucks when they think they are entitled to full refunds, room, board and travel expenses?
I think I played with you in 1st event. Is that you John A ?
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
02-09-2014 , 01:11 PM
Quote:
Originally Posted by jjjou812
Dear 27 remaining players,

In an effort to complete this tournament, we are asking you to Come back to aj for a chance to win 357,000. Here is 27th place money. Here are travel expenses of 3k. Your room and board are free, as well as comping you all resort privileges. Bring your wife and kids. We will also give you 5k when you arrive. We are also adding in 5 entries into next years main into the prize pool.

Goes over pretty well with me. Wish my kids baseball games would do this.
No thanks, just give me back my $560 for busting on Day 1c

k thks
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
02-09-2014 , 02:25 PM
Quote:
Originally Posted by chopstick
Go to the Jedi Temple, kill all the younglings, and bring me my counterfeit chips. LOL
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
02-09-2014 , 04:26 PM
Quote:
Originally Posted by jjjou812
Dear 27 remaining players,

In an effort to complete this tournament, we are asking you to Come back to aj for a chance to win 357,000. Here is 27th place money. Here are travel expenses of 3k. Your room and board are free, as well as comping you all resort privileges. Bring your wife and kids. We will also give you 5k when you arrive. We are also adding in 5 entries into next years main into the prize pool.

Goes over pretty well with me. Wish my kids baseball games would do this.
sounds fair, okay youve got a deal. since all the 27 came back friday and saturday to finish why not? there were alot of arrangements made to stay the extra day with the airlines and trying to find a hotel in ac at 300 bucks a night not to mention missing a days pay at work. a fair constellation.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
02-09-2014 , 06:37 PM
if 1 player gets a refund, all will. if that happens the final 27 won't get more than 27th place money. Borgata is not going deep into their pockets for this and they don't give a **** if you ever come back.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
02-09-2014 , 07:50 PM
Quote:
Originally Posted by mrdadio48
a fair constellation.
Spoiler:
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
02-10-2014 , 02:24 AM
Still waiting to hear who Lusardi dumped his chips to?

wondering what will happen to the player(s) involved in the hustle that are in the final 27? My guess is that they are the ones now cooperating, not Lusardi.

Managing damage control would be easier this way. This would let the powers to be control the narrative and outcome more effectively.

To any of the remaining 27, have you been contacted in any manner, by any agency, concerning an on going investigation?

To that point, has anyone that played in the tournament been questioned? (not as a suspect or person of interest or whatever, but as a potential witness) People that played w/ Lusardi, the guy who "broke" the story, the tourney reporter who was made aware of the bizarre bust out, etc, anyone at all??
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
02-10-2014 , 02:32 AM
lol @ flushing them down his hotel room toilet instead of a public bathroom toilet
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
02-10-2014 , 03:28 AM
maybe we can process of elimination the remaining 27 and narrow it down to see who it may be. there has to be enough information or connections to the remaining players to see who doesnt fit. a few of the people left have posted itt. Adam Gerber posted and wouldnt cheat, pretty sure Darren Elias doesnt need to cheat and wouldnt. Im not vouching for anyone but i think its very very safe to eliminate at least these two names. surely others can 'vouch' for other names left.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
02-10-2014 , 09:02 AM
I wasn't sure if Borgota knew there were counterfeit chips in the tourney before Harrahs called them about the flushed chips.
I wonder what would of happened if the counterfeits weren't found until after the tournament was over and everyone who finished in the money was already paid.

http://abclocal.go.com/wabc/story?se...sey&id=9406975

Borgata senior vice president Joe Lupo said the first indication that anything was amiss came when his casino received a call from Harrah's, nearby it in the city's marina district, about a mile away from Atlantic City's Boardwalk.

Borgata staff then checked the chips being used in the Borgata Winter Poker Open and found 160 of the counterfeit poker chips with a tournament value of 5,000, totaling 800,000, among the genuine casino chips. The compromise forced officials to cancel Event 1 of the tournament, while dozens of uncompromised events were allowed to continue.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
02-10-2014 , 09:09 AM
Any update? I wouldn't be surprised if borgata just forgets about this. Next tournament please...
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
02-10-2014 , 09:53 AM
Quote:
Originally Posted by cicakman
maybe we can process of elimination the remaining 27 and narrow it down to see who it may be. there has to be enough information or connections to the remaining players to see who doesnt fit. a few of the people left have posted itt. Adam Gerber posted and wouldnt cheat, pretty sure Darren Elias doesnt need to cheat and wouldnt. Im not vouching for anyone but i think its very very safe to eliminate at least these two names. surely others can 'vouch' for other names left.
I will vouch for Thu Le, she was part of a stand-up group that would run games in NC. There were other stand up guys like Christian Lusardi down there at the time. If those guys were allowed to run this tournament stuff like this would never happen.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
02-10-2014 , 11:07 AM
Quote:
Originally Posted by bubonicplay
Any update? I wouldn't be surprised if borgata just forgets about this. Next tournament please...
so they are just going to keep the prize money themselves?
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
02-10-2014 , 11:31 AM
Quote:
Originally Posted by Brad Childress
I will vouch for Thu Le, she was part of a stand-up group that would run games in NC. There were other stand up guys like Christian Lusardi down there at the time. If those guys were allowed to run this tournament stuff like this would never happen.
If Lusardi was never caught and he was in the final 27, would you of vouched for him also?
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
02-10-2014 , 12:08 PM
Quote:
Originally Posted by jaxtraw
Grunching, is the PPA involved in this on some level?
???
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
02-10-2014 , 12:12 PM
No.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote

      
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