Posts Tagged ‘new jersey’

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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Online Poker Not Assured for Massachusetts

by | Published: Thursday, December 5th, 2013

Following more lengthy debate involving key personnel, it seems online poker will not be breaking into the Massachusetts market any time soon.

While the state’s first Las Vegas/Atlantic City-style commercial casino may only be a few years away, the Milford Daily News reported recently that the vendors and regulators would likely leave the idea of online poker on the backburner until such time as the casino properties are completely up and running and 100% stable.

Outlined in the Milford Daily News report, the state’s leading gaming regulator was quoted as saying “We also have taken the position that Massachusetts shouldn’t do anything in online gambling until our bricks-and-mortar people are selected, because they out to be at the table when we do this. You can’t expect somebody to give us $85 million and then spend a billion to build a facility and change the rules of the game on them a year or two down the road,” Further highlighting internet betting as a whole as a “major unknown question.”

Massachusetts made huge steps towards a completely legalized gambling state in 2011, when allowing three Las Vegas-style casinos and a slots parlor, though it has been a slow process since as the state has continued to debate as to who will receive building and license rights.

Many firms have tried their hand at competing for the licenses in question, which are authorized for many varying locations throughout the state, and as of 2013, only a handful remain in the hunt.

Currently, only Nevada, New Jersey and Delaware have legalized web poker.

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New Jersey Online Poker Already at Top

by | Published: Monday, December 2nd, 2013

Despite a few hiccups following the ‘soft launch’ last week, New Jersey online gambling has continued steady growth, peaking with more than 5,000 new online gamblers signing up on Thanksgiving day alone; boasting a total of more than 37,200 accounts by the end of Thursday night.

Initially made live for all qualifying gamblers on November 26th (following a five day trial period for software to be tested), six casinos including Borgata Hotel Casino and Spa, Trump Taj Mahal Casino Resort, Trump Plaza Hotel and Casino, Tropicana Casino and Resort, Caesar’s Atlantic City and Bally’s Atlantic City (the Golden Nugget is still completing tests and is expected to enter the market later this week) were all given full permits to provide real-money only gambling to patrons within New Jersey state lines.

Director of the state Division of Gaming Enforcement David Rebuck commented on his delight at the launch, and provided an insight into the tireless hours spent ensuring the best quality product.

“I am pleasantly pleased … I’m also very tired because for the last seven days, all I’ve been doing is worrying this was going to crash” Rebuck said.

Despite all the worry in the lead up to launch, only a few problems were found and were largely related to geo-location services as a result of the technology’s inability to work beyond New Jersey state borders. Essentially, many gamblers had trouble logging onto an online gambling site, however almost all related issues have now been ironed out.

The problem facing New Jersey online gambling heading into the future is players depositing money into their accounts; as outlined by Bloomberg last month, several major banks have been overly cautious in regards to online gambling transactions.

Despite these minor hurdles, New Jersey wasted no time climbing to the top and have already pulled ahead of Nevada as the nation’s preferred casino-run Poker rooms.

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Online Gambling Compact Set to Go Ahead in 2014

by | Published: Sunday, August 11th, 2013

Reuters reported on Tuesday that there is a potential gambling compact in the works between Nevada and New Jersey, which could go into effect as early as 2014, after MGM Resorts International CEO Jim Murren told the business news source that the company is working with Nevada officials to create a joint online gaming market.

While Murren has commented that Nevada has too small of an online market, the partnership will likely be mutually beneficial for both parties, with the 2012 United States Census revealing a Nevada population of around 2.76 million people, as oppose to the 8.85 million who call New Jersey home.

“I think it’s likely that in 2014 we’ll see a compact between New Jersey and Nevada” Murren said recently.

“We’ve really been focusing on Nevada’s ability to compact with other states, create more liquidity”.

Chairman of the Nevada State Gaming Control Board A.G. Burnett agreed with Murren’s remarks, commenting on the pace of the process.

“Nevada is striving to do what it can in regards to compacts” Burnett told Reuters.

“We do not jump into the fire without having done a lot of cautious research and study into the particulars of such agreements, and that phase is nearing completion.”

Murren further admitted that his company has dedicated a team to its online efforts along with the possible compact between the two states.

“We have a big team that is preparing us on a state-by-state basis and on the states that we believe will be the most productive”.

“I think at least 40 of the 50 states are in some stage of debating this (online gambling issue) internally.

“The ones most visible are New Jersey, New York State, Illinois and California” Murren added.

Only in April did Nevada become the first state to launch legal, structured online gaming. New Jersey is currently preparing for an industry-wide online gambling launch on November 26 after 37 companies applied for the first internet gambling licenses available in the state.