Archive for January, 2014

Borgata Winter Poker Open Counterfeit Chips lead to Arrest

by | Published: Tuesday, January 28th, 2014

Last week it was reported the Borgata Winter Poker Open $2 million Guarantee had been suspended, pending an investigation into the use and resulting discovery of counterfeit chips by one or more players.

On Friday, the investigation accelerated when it was revealed 2.7 million worth of counterfeit chips were discovered in a blocked sewer pipe at Harrah’s Resort and Casino the previous Sunday.

A thorough investigation revealed that 42-year-old poker pro Christian Lusardi had been staying in the room producing the clog, who had entered the event on Day Two with the chip lead.

Police say that Lusardi introduced the counterfeit chips into tournament play several times, however was still eliminated from the event on day of entry, claiming only ‘$6,814’; as published by the Press of Atlantic City.

“We are very pleased that the New Jersey State Police Casino Gaming Bureau has apprehended a suspect in connection with the counterfeit chip activity that compromised Event 1 of the Borgata Poker Open” Joe Lupo, Senior Vice President of Borgata said.

“While this is a very positive development, the investigation by the Division of Gaming Enforcement and the state police is ongoing.”

At this stage, the DGE has revealed they have not made a decision as to the event’s continuation, the remaining 27 players and the unclaimed prize pool.

“The division is committed to ensuring confidence and integrity in all gaming operations and will continue to work with Borgata and the New Jersey State Police until this case is closed” The DGE revealed in a statement.

After leaving Harrah’s Hotel and the discovery of the chip blockage and warrant was produced for the apprehension of Lusardi, who was found a short time later at an Atlantic City Motel.

The investigation is set to continue, meanwhile Lusardi’s bail from the Atlantic County Justice Facility has been set at $300,000. Don’t forget to check back at frequently, as we will be following this story until conclusion.

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Aim for a Bonus TV at Bovada!

by | Published: Thursday, January 23rd, 2014

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Counterfeit Chips Lead to Borgata $2 million Cancellation

by | Published: Wednesday, January 22nd, 2014

Following a 24 hour investigation, the Borgata Hotel Casino and Spa and New Jersey Division of Gaming Enforcement cancelled the Borgata Winter Poker Open $2 million Guarantee event after it was found that one or more entrants had used a large amount of counterfeit chips throughout the duration of the tournament.

The opening event of the 2014 Borgata Winter Poker Open, the $2 million guaranteed tournament was initially suspended last Friday when a total of 27 players remained in the running for the lucrative crown; however it was quickly found the tournament had been compromised and must be called to a premature close, with all unpaid prize money frozen pending a complete investigation.

Tom Ballance, President and COO of the Borgata Hotel outlined the situation via a press release on Saturday evening.

“Thus far, investigators have found that one or more tournament entrants improperly introduced a significant number of counterfeit chips into the tournament, gaining an unfair advantage and compromising the integrity of play for the event” Ballance said.

“It is extremely unfortunate that the criminal actions of these individuals can have a detrimental impact on more than 4,000 other entrants.

“We fully understand and regret the disappointment this cancellation causes our valued customers, and we will work diligently with DGE investigators to resolve the situation as quickly as possible. The integrity of our games and the confidence of our players is of the utmost importance to us.”

Despite this major setback to the first event of the Borgata Winter Poker Open, Ballance revealed the remainder of the series will continue on schedule.

“We thoroughly verified all remaining chips in our inventory, and are confident in moving forward with our tournament schedule as planned and approved by the New Jersey Division of Gaming Enforcement”.

Be sure to return to frequently, as we will be staying with this story until finals resolutions are reached.

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EPT Set to Host Blockbuster for 100th Event

by | Published: Monday, January 13th, 2014

The European Poker Tour is set to host its 100th event this August, and has revealed they will be hosting Europe’s largest ever Poker festival in Barcelona, Spain.

Spanning from August 16-27, 2014, the Casino Barcelona event will officially mark the beginning of season 11 of the EPT, and will partner with the locally-renowned ‘Estrellas Poker Tour’ from the 16th-21st to produce what is sure to be a truly memorable 12 day Poker extravaganza.

EPT President Edgar Stuchly said the Tour could not be more excited about the 100th event, particularly as it will be held in one of the world’s most picturesque cities.

“The EPT was born in Barcelona so it’s very fitting to celebrate EPT’s 100th event in true style and with unforgettable poker” Stuchly said.

“EPT Barcelona is one of the most popular tour stops and attracts players from all over the world for the fantastic mix of beaches, iconic architecture, party atmosphere and world class poker.”

The 2013 edition of the event broke all major European Poker records, and eventually saw the two Main Events of 1,798 and 1,234 players respectively award winners Soenke Jahn and Tom Middleton with €169,136 and €942,000 – each player’s largest victory to date.

This year, the EPT has revealed that 20 extra tables will be included to ensure the expected player fields will be covered, and records are broken once again.

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Seminole Poker Showdown Guarantee Altered

by | Published: Thursday, January 9th, 2014

Last August’s $10 million guarantee Poker Open at the Seminole Hard Rock proved to be a monumental success, prompting event organizers and the World Poker Tour to announce a repeat for April 2014 only two months later in October 2013.

While the original tweet, released by the Seminole Hard Rock on October 2nd was immediately re-tweeted by WPT Executive Tour Director Matt Savage, it now appears the announcement was never made official by the Tour itself, who recently released a press release revealing the tournament will actually feature a $5 million guarantee with a buy-in half the size of what was originally intended.

Director of Poker Marketing for Seminole Gaming Ray Stefanelli recently told the reasons for such noticeable change in values for the event, to be held from March 27-April 16 this year.

“While the August Seminole Hard Rock Poker Open Championship event was extremely successful at a $5,300 buy-in, we wanted to provide a more accessible price-point in April and expose more customers to both the WPT and Seminole Hard Rock poker brands and the televised championship event” Stefanelli said.

“The $5 million guarantee is the largest guarantee for a $3,500 buy-in and provides outstanding value to the tournament players.”

COO of Seminole Gaming, Larry Mullins the pleasure and success of the most recent event, and what is expected of this season’s edition.

“Our recent August Seminole Hard Rock Poker Open brought local, regional, national and international players together to take part in a historic event” Mullins said.

“We were thrilled with the positive responses to the Seminole Hard Rock Poker Open and are now very excited to offer the $3,500 buy-in for the Seminole Hard Rock Poker Showdown.”

Featuring the largest ever guarantee for such a low buy-in, the Seminole Hard Rock Poker Showdown Championship will be televised and open to registration to any poker player from early March. A full schedule of events is set to be released by the conclusion of January.

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