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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*

04-11-2014 , 04:30 PM
Spoke to a floor person and they are pretty sure everybody will get a refund. Don't know about the remaining 27 and don't really care. They used fake chips too to get that far.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
04-11-2014 , 04:34 PM
Quote:
Originally Posted by Kevmath
I'd think Wendeen Eolis (who kept us spellbound with her "knowledge" regarding PokerStars and Full Tilt back in Julu 2012) has some inside source at the DGE. She literally phoned in her article to someone at Poker Player Newspaper.

Does it mean there's an announcement today? Monday? A week from today? Who knows.
4:59 pm on a Friday afternoon would make sense...right before they turn off the lights and head home for the weekend.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
04-11-2014 , 04:49 PM
Quote:
Originally Posted by Brock Lesnar
Spoke to a floor person and they are pretty sure everybody will get a refund. Don't know about the remaining 27 and don't really care. They used fake chips too to get that far.
I want a refund too but hope the 27 get taken care of. And want them too.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
04-11-2014 , 04:57 PM
Quote:
Originally Posted by pninwin
4:59 pm on a Friday afternoon would make sense...right before they turn off the lights and head home for the weekend.
Classic news dump, hoping that it won't get too much bad press. I wouldn't read into that with regard to the outcome, though. Any press release about the resolution of an investigation into cheating in your casino is worthy of being dumped on a Friday afternoon.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
04-11-2014 , 04:59 PM
Tick.Tick.Tick....4:59
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
04-11-2014 , 05:05 PM
Quote:
Originally Posted by riverph7
Tick.Tick.Tick....4:59
well...maybe Monday
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
04-11-2014 , 05:06 PM
Quote:
Originally Posted by pninwin
well...maybe Monday
Yes may be by the end of the year.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
04-11-2014 , 05:11 PM
Quote:
Originally Posted by pninwin
well...maybe Monday
Does Monday count as imminent still? At this point I'm wondering if they're going to wait until after the WPT event just so it doesn't get discussed too much surrounding that.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
04-11-2014 , 05:17 PM
The DGE releases reports bi-monthly 3 business days after the 1st & 15th according to website. They may or may not issue a press release before hand. Next weekend is holiday weekend so Friday may not even be a business day.

Sent from my SCH-I535 using 2+2 Forums
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
04-11-2014 , 05:19 PM
Friday is a holiday for NJ. Monday 4/21 for sure.

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Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
04-11-2014 , 05:23 PM
Quote:
Originally Posted by ZenForest
5pm press release by DGE/Borgata ??
Great way to acquire credibility !!
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
04-11-2014 , 05:33 PM
I hear they're donating the rest of the prize pool to charity
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
04-12-2014 , 08:23 AM


Lee
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
04-13-2014 , 01:41 PM
Quote:
Originally Posted by Kevmath
I'd think Wendeen Eolis (who kept us spellbound with her "knowledge" regarding PokerStars and Full Tilt back in Julu 2012) has some inside source at the DGE. She literally phoned in her article to someone at Poker Player Newspaper.

Does it mean there's an announcement today? Monday? A week from today? Who knows.
I was playing with her at Borgata on Friday and she was very 'confident' and adamant the news was coming out that day and she refused to tell us the details, although she said most people won't be happy... including mentioning that people playing in one of the flights won't get refunds as the chips were introduced in only two of the day1 flights not all three.... She said many people won't be happy with the outcome, especially the chip leaders, but again, kept refusing to tell us the details and said follow her reporting on the web.... LOL
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
04-13-2014 , 02:21 PM
Quote:
Originally Posted by kk405
I was playing with her at Borgata on Friday and she was very 'confident' and adamant the news was coming out that day and she refused to tell us the details, although she said most people won't be happy... including mentioning that people playing in one of the flights won't get refunds as the chips were introduced in only two of the day1 flights not all three.... She said many people won't be happy with the outcome, especially the chip leaders, but again, kept refusing to tell us the details and said follow her reporting on the web.... LOL
Interesting - didn't Lusardi only play in one of the day 1 flights? If so, that would mean they have evidence of a partner adding chips.

Obviously, players who busted out in day1 flights without cheaters were completely unaffected, and they deserve nothing. Any rational person knows that. But even so, I wouldn't be surprised to see the Borgata do something nice for them, perhaps issue a food comp for a sandwich.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
04-13-2014 , 02:37 PM
On the subject of the final 27 - this is sad, and I really feel bad for those guys. But I also feel bad for all the players who gave it a good run, and busted out due to the extra chips. The fact is, we don't really know the true final 27.

There's only one prize pool, and the settlement will need to spread it around.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
04-13-2014 , 02:39 PM
Quote:
Originally Posted by frommagio
On the subject of the final 27 - this is sad, and I really feel bad for those guys. But I also feel bad for all the players who gave it a good run, and busted out due to the extra chips. The fact is, we don't really know the true final 27.

There's only one prize pool, and the settlement will need to spread it around.
Any settlement where 28th place is paid more than 1-27 is a complete joke IMO. I have no skin in the game here but screwing over the 27 left is the worst way to handle this.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
04-13-2014 , 03:05 PM
Quote:
Originally Posted by BluffMyNuts
Any settlement where 28th place is paid more than 1-27 is a complete joke IMO. I have no skin in the game here but screwing over the 27 left is the worst way to handle this.
I agree completely. There's no way that should happen. Payouts should be increasing with stack size, but it will need to be a much flatter distribution that stretches deep into the field. A lot of the remaining prize pool needs to go back to other players.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
04-13-2014 , 03:36 PM
Quote:
Originally Posted by BluffMyNuts
Any settlement where 28th place is paid more than 1-27 is a complete joke IMO. I have no skin in the game here but screwing over the 27 left is the worst way to handle this.
That's NOT what is happening
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
04-13-2014 , 03:40 PM
Quote:
Originally Posted by Matt Savage
That's NOT what is happening
Good to hear Matt.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
04-13-2014 , 03:41 PM
You all are making it sound like the Borgata will only have to distribute the prize pool. Based on the facts that they have changed their chips and made numerous other changes including have to leave at breaks, sign a waiver agreeing not to hold the Borgata liable for any problems, the verification of chip before bagging at the end of the days. All of these changes demonstrate the fact that the Borgata was not protecting the integrity of the game prior as they have repeatedly said was so important to them. These changes also demonstrate the fact that Borgata was lax with it responsibility to supply a secure place to play poker..this shows that they are partly liable for what happened. I don't believe the DGE will just allow the Borgata to just return the prize pool and be done nor do I believe that the remaining players will accept the ruling if it unfair.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
04-13-2014 , 03:45 PM
Odds are high that whatever the settlements, in order to receive payment you will have to sign away your rights to sue or join a lawsuit.

If you aren't happy with the settlement don't sign and don't take the money to protect your legal rights.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
04-13-2014 , 03:46 PM
I've never played poker on the East Coast, so I was wondering if there are many other good options to play poker that are near the Borgata? If there are, after this extra chip fiasco and the crap with the Phi Ivey lawsuit, why would anyone trust them and play there?
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
04-13-2014 , 03:54 PM
Quote:
Originally Posted by Matt Savage
That's NOT what is happening
Is this your opinion Matt? Do you know what is happening? Were you someone that they reached out to for opinion on how to resolve this issue? Please shed a little more light on this then just "that is not what is happening". I think that you are very knowledgeable and would like to hear your thoughts.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote
04-13-2014 , 04:08 PM
Quote:
Originally Posted by Oneof27
Is this your opinion Matt? Do you know what is happening? Were you someone that they reached out to for opinion on how to resolve this issue? Please shed a little more light on this then just "that is not what is happening". I think that you very knowledgeable and would like to hear your thoughts.
I can tell you the the ruling was supposed to be on Friday and if it is the same thing I have heard I can say that Wendeen's article and the additional info KK heard from Wendeen in post #4089 are pretty accurate.

Of course they could have changed their minds as a reason for not releasing it on Friday.

I spoke to some people early on and they are not doing what I suggested if what I heard holds true.

Terrible situation for all involved obviously.
Borgata finds counterfeit 5k chips in WPO #1-Cncls event-Arrest made-Lawsuit filed-*RULING OUT* Quote

      
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