Atlantic City’s Borgata Casino will redistribute competition 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 now reached a quality regarding the Borgata Winter Poker Open chips that are counterfeit at last. The tournament was suspended on January 18th, and afterwards cancelled, following revelation that the poker that is fake had been introduced.
The DGE certainly had their work cut out in reaching an equitable solution to a very sticky issue: when play was stopped, there were 27 players left of 4,824 initial entrants into 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.
Detectives had to determine which players among this huge field could be said to have been adversely afflicted with the cheating and find a reasonable way to distribute a total of $1,721,805 to those who deserved it. That includes $1,433,145 in prize money, in addition to $288,720 the Borgata collected in registration costs. This also meant attempting to quantify the intangible ‘ripple effect’ that Lusardi’s scam might have caused; a very nearly impossible task.
The DGE decided that 2143 entrants who did not money were entitled for their money back (buy-in plus reg charge). These included all players who played on Day 1a from 10am, apart from those who started in the occasion Center and had been eliminated before 4:30pm, while the latter group could not have come right into contact with Lusardi. From 10am are also eligible, apart from those who played in the Signature Room and Poker Room since it was a reentry tournament, Lusardi was also playing on Day 1b, having busted Day 1a, and thus all players who played that day. Meanwhile, the $50,893 in rewards owed to players whom busted into the cash shall be paid as scheduled, while the residual 27 players still ‘in’ will chop the remainder for $19,323 each.
While this would be seemingly the fairest solution offered the circumstances, the Borgata may nevertheless have a headache to cope with. In February, a class-action lawsuit was filed by brand New Jersey attorney Bruce Li Causi on behalf of one of the players, Jacob Mustere. The lawsuit claimed that players must certanly be liable to damages as well as refunds. During the time of writing, it is not known whether Causi’s customer is pleased with the settlement that is current.
Money Down the Can
Meanwhile, Lusardi remains in jail in New Jersey on $300,000 relationship, waiting for trial. He was arrested after attempting to flush 2.7 million in fake tournament potato chips down the toilet of his college accommodation at the nearby Harrah’s Resort. This triggered the pipes becoming clogged, which caused water to drip on to the rooms of guests on to the floor below. He can be faced with running a large-scale DVD that is pirate from his 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 can be checked under ultraviolet light.
Everett May Purchase Land for Wynn Casino
Will the city of Everett buy this web site of a Monsanto that is former chemical for Wynn Everett? Mayor Carlo DeMaria hopes so. (Image: wcvb.com)
It appears that every time an obstacle emerges for just one of the proposed Massachusetts casino plans, someone or something steps up to provide a solution. When there were questions regarding that would take advantage of the sale of land Wynn Resorts would use to host their Everett casino, maybe we should have expected a resolution to provide itself before too long.
Eminent Domain Purchase Considered
The city of Everett itself may ultimately acquire the property before selling it to Wynn, sidestepping the murky situation that currently surrounds the land sale in this case. The town would use their power of eminent domain to buy the land along with seven other properties in the area for a total price of about $41 million. The land required for the casino could then be sold to Wynn from the city.
According to Mayor Carlo DeMaria, this move would not be solely for the benefit of Steve Wynn and the casino that is potential he would like to build. Rather, this is a plan which was in development before anyone considered gambling that is bringing the town.
‘This area, when you are well aware, is important to your future success for the entire city and can serve as being a gateway towards the entire region,’ DeMaria had written in a letter to Everett city councilors week that is last. ‘My administration is committed to realizing the extraordinary potential of this area and the city as being a whole.’
Controversy Over Secret Partners
Whilst the city may be willing to purchase the land so as to develop it, that was not the initial proposal Wynn had been banking on. They decided 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 on the land began after payment investigators found that the current owners of the property FBT Everett Realty might be lying about the involvement of Charles Lightbody, one of their original partners. Lightbody, a convicted felon, claimed to own sold off his interest in the house way back when, despite having put up $1 million associated with original $8 million purchase price during 2009.
Which could were resolved if the other owners had pledged that the property purchase wouldn’t benefit any unknown, secret lovers. 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 approve Wynn’s license, this has put the sale in question.
A Public Purpose?
The question of whether or not the populous town of Everett will get around this issue by using eminent domain might 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 spend tens of millions to upgrade the location after the purchase.
But maybe not many people are convinced that anyone would develop the certain area if Wynn doesn’t obtain the casino permit. City Council president Michael Marchese states he appears at the proposal as nothing less than an opt to Wynn.
‘We haven’t had a developer here in over 20 years,’ Marchese said. ‘We only understand 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)
You can imagine so just how lucrative a massive casino placed in Chicago could be. It’s been a dream of many for decades now, though never ever 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 probability of either ultimately passing into legislation are slim at most useful.
Two Plans, One Man
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 numerous interest groups as you are able to, five new gambling enterprises would be authorized. That would consist of a Chicago casino with up to 4,000 games, along with smaller casinos in Rockford, Danville, Lake County and another suburb towards the south of Chicago. It could additionally give racetracks the proper 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 just a single casino with up to 10,000 games in Chicago that promised to cause plenty of heated arguments on both sides of the problem.
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 proposed casino fund projects through the entire state.
‘It’s part of the means of moving this forward,’ Rita said before the hearing. ‘ We have never had a full in-depth conversation or a hearing of a Chicago-only option.’
The plan that is single-venue favored by the Chicagoland Chamber of Commerce, which said during the hearing that they would like a casino in the main area of downtown Chicago. Governor Pat Quinn in addition has suggested that this form of the bill is more prone to make his support than past bills that he has vetoed.
But politicians from the rest of the state are predictably dubious of any plan that would expand gambling just in the city.
‘The purpose [of gambling expansion] was to help economically troubled communities,’ said state Representative Chad Hays (R-Catlin). ‘ I would suggest that downstate taking the leftover crumbs from Chicago is just a laughable assertion that no downstater would bite on.’
A Word from the Mayor
Danville Mayor Scott Eisenhauer also weighed in against a plan that is chicago-only.
‘The chance to add downstate job creation and revenue growth far outweighs the benefits of a license that is chicago-only’ said Eisenhauer, who also planned to go to the hearings.
Representatives from social groups talked at the hearings to state that they were worried about the impact a massive casino would have in the state. Meanwhile, other casinos stressed that a large location in Chicago would hurt their businesses. And the horse industry that is racing both the single-casino and broader expansion plans, while they want even more slots available at their tracks.
With so opposition that is much round the state, numerous lawmakers feel that only a broader gambling bill has any possibility of success.