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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*

03-28-2014 , 07:18 PM
Quote:
Originally Posted by theduk
some 1 on twitter has stated NJ DGE has made ruling and going to release info soon anyone else here anything
Pl post with link or copy
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
03-29-2014 , 12:32 AM
good thing this thread was reopened.. i was having withdrawal
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
03-29-2014 , 01:57 AM
Quote:
Originally Posted by theduk
Anyone else shocked that borgata is running another big tournament with no resolution its unreal 1 that WPT would stand behind this and 2 that players would still feel the need too play in these event 3 that DGEwould allow them to run another big event while this still hangs out there just a thought its all too crazy
Not really. Borgata did nothing wrong. Some idiot tried to cheat in their tournaments.

Borgata has been the best poker room on the east coast in large part because they are willing to put on big guarantee tournaments. They should not change the business model over one idiot.

There certainly are things they can improve and they should learn from the incident. But to change your whole business model over one outside incident would be kind of stupid.

A bunch of new idiots crying for refunds. wah, wah. im broke and need 5 hundo. bottom line is that if the pay out the prize pool everyone had a chance to earn a share of it. its not that much different than being lucky or unlucky enough with your table draw.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
03-29-2014 , 02:23 AM
Quote:
Originally Posted by 12bigworm81
Hope you don't seriously believe it is getting this much attention.
12bw81:

If it wasn't getting this much attention it would have been resolved within a week - a month at the outside. The fact that this has dragged on for close to three months indicates this imbroglio is getting a lot of high level attention.

Last edited by Alan C. Lawhon; 03-29-2014 at 02:24 AM. Reason: Minor edit.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
03-29-2014 , 06:00 AM
Quote:
Originally Posted by Alan C. Lawhon
It's not that ridiculous when you consider all the competing interests at play.

(1.) A lawsuit has already been filed - with the prospect of more to come.
(2.) The final 27 players have an interest - as in a [potential] $372,000 interest that was subverted by Mr. Lusardi and the cancellation decision by the NJDGE. If the eventual "resolution" handed down by the NJDGE and the Borgata is not considered "fair" by any of the 27, that's another lawsuit.
(3.) This case will likely set precedent as new regulations imposed on the operators to prevent cheating - or make cheating much more difficult to get away with - will surely follow. Such new regulations will not only affect the Borgata and New Jersey operators, but will likely be adopted in Nevada, California, Mississippi and all the other states where brick & mortar poker rooms are legal.
(4.) Business insurers may be balking. Large corporations such as Borgata carry liability policies that protect them against multi-million dollar judgments which could arise from a case like this. If insurers are unable to quantify the degree of risk and their [potential] exposure, they'll withdraw from the market. If operators are unable to obtain protection, they'll be forced to discontinue large-field MTTs. That decision would be forced on them as part of their fidicuary duty to their shareholders.
(5.) The operators and their licensing authority (the state) have both mutual interests and competing interests in this matter.

You can bet that intense discussions are going on between lawyers and executives representing the operators and regulators representing the state of New Jersey. The operators primary interest is in keeping the cost of added security as low as possible while the state of New Jersey is greatly interested in assuring gambling patrons, especially "casual" gaming patrons, that the games are fair. The state of New Jersey wants to protect the stream of tax revenue coming from the tables. Cheating scandals like this shake public confidence that regulators are doing their job. If the perception takes hold that regulators (and operators) are not doing their job, the stream of tax revenue going to the state will dry up. If that were to happen, politicians would either have to raise taxes or cut services to their constituents - a very unappealing prospect to the pols. From the perspective of the politicians and the regulators, this is the kind of thing that has to be nipped in the bud.

The primary issue will boil down to: "How much [additional] game security is appropriate - and at what cost?" The dilemma in adding costly new game security measures is: "At what point do you kill the goose that layed the golden egg?" If new security measures wind up doubling tournament entry fees from 10 percent to 20 percent, how many players will conclude that entering large-field MTTs is no longer worth the risk?

If the NJDGE gets this wrong, they could wind up destroying large-field MTTs - not to mention the tax revenues that derive from such. That's why this is taking so long.
Quote:
Originally Posted by doublejoker
Tldr plus its alan
Why do you think that his analysis is wrong? I don't have any inside information here, but what he posts certainly sounds plausible to me on its face.

Also, I just checked the DGE website. Their latest report, covering March 1 - March 15 of this year, shows that as of that date no action had been taken in regards to this matter. It does show that Borgata is looking to buy new tournament chips, and has gotten at least preliminary approval to do so. Not final approval, and their proposed vendor still needs licensing approval in order to fulfill the order.

http://www.njdge.org/docs/Rulings/20...namentchip.pdf

Lee
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
03-29-2014 , 09:55 AM
Quote:
Originally Posted by darthsikle
Have any of the 27 tried to file a claim against Borgata's insurance carrier?

Have any of the 27 tried to organize a protest at the Borgata? Perhaps at the upcoming WPT Championship?
Picket the Borgata?

The 27 at the foot of the escalators linked arm in arm. EPIC!!!
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
03-29-2014 , 11:46 AM
would be nice if this thing was settled before spring poker open
the right settlement would help the turnout
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
03-29-2014 , 09:43 PM
Quote:
Originally Posted by roller000
would be nice if this thing was settled before spring poker open
the right settlement would help the turnout
Logical thinking !
Normal human's thinking works that way.
Not corporate greed or cheap political mind!
Good Luck!
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
03-30-2014 , 05:52 AM
i didn't read like any of this thread outside of the first page and the last few but i was there in winter. Borgata has three different chip sets they used. The only chip that was counterfeited was a gray 5k in their "main" set. What they did the rest of the time was not use any 5k's from that set. They introduced never-seen-before 10ks instead and gave lots more 1ks in the beginning. They also did not do color ups on breaks anymore; they did them at the time the break was finished, so the players could see what they were doing. They also used their crappier set for some of the tournaments as that's all they could do. The nicest events get their best set, the kind that would be seen on a WPT ft. These are obviously likely to be used in their biggest buyin events this time around. I have no idea what they are going to do with all of the other tournaments (including the $500 1mil) in regards to their chipsets but I'm sure over the course of the last two months they've figured it out.

The likelihood of this happening again is really, really close to 0. I know measures have been taken both at Borgata and other poker rooms (Coconut Creek in Florida, Parx in Philadelphia, many more I'm sure) to help prevent this.

As for the results, I still think this could take at least a year to figure out. I'm not going to boycott this place because of it. Shameless/potentially relative brag: I won the event directly after this tournament. The tournament itself started two hours late (I think? maybe longer. I never show up on time anyway.) because of this whole fiasco. They used a different chip set (which had 5k's, but the chips were significantly smaller and the colors were different) and kept the series rolling. It's one of the most professional places to play poker.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
03-30-2014 , 08:03 AM
Quote:
Originally Posted by isuxatpokerbad

The likelihood of this happening again is really, really close to 0. I know measures have been taken both at Borgata and other poker rooms (Coconut Creek in Florida, Parx in Philadelphia, many more I'm sure) to help prevent
I know Parx took some protective measures, which I thought were good, but not sure what Cocunut Creek did. Do you?
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
03-30-2014 , 09:22 AM
I'm not sure if it qualifies as news but the last email I got from Brian Brennan at the Borgata (March 21) definitely was different than the previous 3 or 4, which were all essentially identical in that they said they were hopeful the DGE will be coming to a resolution soon (unfortunately twice they actually said "next week"). This last one said the Borgata had been actively meeting with the DGE for several weeks trying to clarify the event that was cancelled and also regulations regarding future events(wish i could just cut and paste the actual email but i am something of a coward so i will abide by the admonition not to do so). "Near future" was the only timeframe offered.

We all knew the Borgata was not sitting around twiddling their thumbs waiting for the DGE but working with them; this seemed to me like the first time the Borgata expressed that they were not passively "cooperating" but actively trying to resolve the situation. I think Mr. Lawhon pretty much expressed it all as clearly as possible: it's not a simple matter of "doing the right thing" but rather the work of hammering out the legal particulars. I would like to think they are now just calculating how to chop the prize pool amongst the final 27 but it seems plausible that there is still a legal cluster**** with a medley of lawyer's voices saying "yes, but..." and "what if..." etc.

thx for reopening the thread. hopefully there is some interesting chatter but it certainly does offer a modest amount of therapeutic relief for the final 27.

Last edited by pninwin; 03-30-2014 at 09:42 AM.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
03-30-2014 , 09:35 AM
Quote:
Originally Posted by darthsikle
Have any of the 27 tried to file a claim against Borgata's insurance carrier?

Have any of the 27 tried to organize a protest at the Borgata? Perhaps at the upcoming WPT Championship?
"No" and "No" as far as I am aware. At least on this thread, I've probably been the most pro Borgata (or anti-anti Borgata) of the final 27. I am agonizing over my personal declaration to not play at the Borgata until I get paid my chipgate money....man I want to play in the BSO! It is a rather arbitrary but from the beginning I told myself that I wouldn't even consider talking to a lawyer until at least 3 months have passed. That day is coming in a few weeks but I am still (perhaps now stepping out of central casting as the comic dupe) of the mindset that there is really nothing to do but wait and that I will be getting my equity....eventually.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
03-30-2014 , 09:51 AM
Quote:
Originally Posted by pninwin
I'm not sure if it qualifies as news but the last email I got from Brian Brennan at the Borgata (March 21) definitely was different than the previous 3 or 4, which were all essentially identical in that they said they were hopeful the DGE will be coming to a resolution soon (unfortunately twice they actually said "next week"). This last one said the Borgata had been actively meeting with the DGE for several weeks trying to clarify the event that was cancelled and also regulations regarding future events(wish i could just cut and paste the actual email but i am something of a coward so i will abide by the admonition not to do so). "Near future" was the only timeframe offered.

We all knew the Borgata was not sitting around twiddling their thumbs waiting for the DGE but working with them; this seemed to me like the first time the Borgata expressed that they were not passively "cooperating" but actively trying to resolve the situation. I think Mr. Lawhon pretty much expressed it all as clearly as possible: it's not a simple matter of "doing the right thing" but rather the work of hammering out the legal particulars. I would like to think they are now just calculating how to chop the prize pool amongst the final 27 but it seems plausible that there is still a legal cluster**** with a medley of lawyer's voices saying "yes, but..." and "what if..." etc.

thx for reopening the thread. hopefully there is some interesting chatter but it certainly does offer a modest amount of therapeutic relief for the final 27.
To me this is a very positive news. They should have done this by public update.
IMO most posters here are looking for a final closure for the cheptar no matter which way it is decided.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
03-30-2014 , 04:31 PM
Quote:
Originally Posted by njguy
I know Parx took some protective measures, which I thought were good, but not sure what Cocunut Creek did. Do you?
Not sure about coconut creek but @SHRPO going on now at Seminole Hard Rock, players must leave players card at table during breaks , and ALL stacks are counted.

Tip Of the Hat to William and team there for taking some preventative measures

Also Seminoles just hired TD from Parx who recently implemented same procedure while he was there

Strong Team at Hard Rock, imo
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
03-30-2014 , 06:04 PM
Quote:
Originally Posted by PTLou
Not sure about coconut creek but @SHRPO going on now at Seminole Hard Rock, players must leave players card at table during breaks , and ALL stacks are counted.

Tip Of the Hat to William and team there for taking some preventative measures

Also Seminoles just hired TD from Parx who recently implemented same procedure while he was there

Strong Team at Hard Rock, imo
Thanks. That's a good, low burden, procedure to add, similar to what parx did. Lol at the people that think nothing in tourneys should change or could change without massive implications.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
03-30-2014 , 10:23 PM
Quote:
Originally Posted by njguy
I know Parx took some protective measures, which I thought were good, but not sure what Cocunut Creek did. Do you?
yes i was there. they made sure when they bagged that each dealer counted down and verified each stack at the end of the day.

I obviously wouldn't have mentioned them if they didn't do anything.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
03-30-2014 , 11:12 PM
to make the chip counts go faster during the breaks at the current WPT event. before the breaks at the Seminole Hard rock players needed to leave ID and stack their chips for a fast count!
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
03-30-2014 , 11:51 PM
Quote:
Originally Posted by pninwin
"No" and "No" as far as I am aware. At least on this thread, I've probably been the most pro Borgata (or anti-anti Borgata) of the final 27. I am agonizing over my personal declaration to not play at the Borgata until I get paid my chipgate money....man I want to play in the BSO! It is a rather arbitrary but from the beginning I told myself that I wouldn't even consider talking to a lawyer until at least 3 months have passed. That day is coming in a few weeks but I am still (perhaps now stepping out of central casting as the comic dupe) of the mindset that there is really nothing to do but wait and that I will be getting my equity....eventually.
I think you should play the BSO...I am planning on being there. I think it would be a great idea for all of the 27 remaining players to be there...not to protest or anything like that but to maybe get some face time with Brian and Joe as a group if we do not have a resolution by then and of course play a couple of tournaments.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
03-31-2014 , 06:55 AM
Quote:
Originally Posted by Oneof27
I think you should play the BSO...I am planning on being there. I think it would be a great idea for all of the 27 remaining players to be there...not to protest or anything like that but to maybe get some face time with Brian and Joe as a group if we do not have a resolution by then and of course play a couple of tournaments.
I probably won't make it but good luck. give Joe a rousing speech about your "fallen comrades" if you see him
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
03-31-2014 , 08:58 AM
Quote:
Originally Posted by Oneof27
I think you should play the BSO...I am planning on being there. I think it would be a great idea for all of the 27 remaining players to be there...not to protest or anything like that but to maybe get some face time with Brian and Joe as a group if we do not have a resolution by then and of course play a couple of tournaments.
This amazes me. You are screwed out of your money, yet continue to play at the place who took it???
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
03-31-2014 , 10:10 AM
Quote:
Originally Posted by therealsaltydog
This amazes me. You are screwed out of your money, yet continue to play at the place who took it???
..and playing a $2500 buyin just to get the face time
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
03-31-2014 , 10:44 AM
Quote:
Originally Posted by JimmyAggassi
ive played in a bunch of tournies in other places since Borgata and basically not much has changed. hopefully, it stays this way. one of the places just counted the chips on the break.

i don't think borgata or any other venue ever promised complete security or a guarantee that someone could not cheat.

having procedures in place if cheating is discovered and offering slightly more security is all that is really necesary.
Quote:
Originally Posted by PTLou
Not sure about coconut creek but @SHRPO going on now at Seminole Hard Rock, players must leave players card at table during breaks , and ALL stacks are counted.

Tip Of the Hat to William and team there for taking some preventative measures

Also Seminoles just hired TD from Parx who recently implemented same procedure while he was there

Strong Team at Hard Rock, imo
Horseshoe Cincy recently did the same thing, asking all players to leave their TR cards at their seats on break. Penalties were handed out if you did not leave your card.

Fwiw I still don't hold this against the Borg. They didn't cheat. Some idiot did.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
03-31-2014 , 12:08 PM
Quote:
Originally Posted by donniccolo
Fwiw I still don't hold this against the Borg. They didn't cheat. Some idiot did.
+1

I don't think Borgata did anything to aid cheating. They were caught between cheater and NJDGE.

But I still think Borgata should have done better job in keeping their customer aware of what is going on by regular updates.

Is it too much to ask?
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
03-31-2014 , 12:36 PM
Quote:
Originally Posted by riverph7
+1

I don't think Borgata did anything to aid cheating. They were caught between cheater and NJDGE.

But I still think Borgata should have done better job in keeping their customer aware of what is going on by regular updates.

Is it too much to ask?
lol is that all that is expected of Borgata after collecting around $280,000 in vig? That they didn't aid in the cheating?

Maybe some may argue that they were not negligent in their duties and this breach was not their fault. But that is a tough sell for me as it has been reported that early concerns about counterfeit chips were not addressed. And that the tourney was only stopped because the NJDGE stepped in and stopped it. There was almost a full rack of fake chips in the tourney.

If Borgata had their way, they would have probably just played it out. And then covered up the extra chips as just a "lil' color up messup, nothing to see here ladies and gents"
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
03-31-2014 , 02:31 PM
Quote:
Originally Posted by therealsaltydog
This amazes me. You are screwed out of your money, yet continue to play at the place who took it???
Borgata has not screwed me...the person(s) that cheated screwed me. The Borgata still has the opportunity to make things right...and until they do not, I am going to believe that they will.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote

      
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