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Golden Nugget Folds and Pays Players

Sunday September 1,2012 : GOLDEN NUGGET CASINO FOLDS IN RE-SHUFFLE ROW
 
Atlantic City judge rules that casino cannot invalidate players winnings and must let them cash their chips
 
The Golden Nugget land casino has lost the first round and the match in its fight against players who allegedly took advantage of cards that had not been reshuffled by the manufacturer or, apparently, its own staff.
 
And just hours after Atlantic City Judge James Isman ordered that players must be allowed to cash chips frozen by the house, the casino owner folded and agreed to make the payments.
 
At the end of April this year 41 hands of a mini-baccarat game allowed $10 bettors to beat the house out of $1.5 million, allegedly due to cards that had not been re-shuffled by the manufacturer.
 
However, subsequent reports indicated that casino staff may also have been negligent in not complying with regulatory requirements regarding re-shuffling.
 
A Golden Nugget legal representative told the court: “There was a mistake made at the Gemaco facility, which we freely admitted. This was a one-time, isolated mistake, but it occurred. It’s supposed to be a game of chance. It changed from a game of chance to a windfall for the individual players. What we have now is individual players coming to the court asking for a free payday based on a mistake that took place.”
 
Lawyers claimed the pattern of cards became apparent to players, who had been wagering $10 a hand and suddenly upped their bets to $5,000 a hand. The cards did not come out of the chute in numerical order, such as 2-3-4-5. Rather, they came out in a predetermined pattern that the manufacturer lists as a proprietary secret, the attorneys said.
 
However, Associated Press reports that Tilman Fertitta, the owner of the Golden Nugget, decided to pay the winners to make the whole thing go away.
 
“Without question, the mini-baccarat game that took place on April 30, 2012, allowed $10 bettors to realize a gambler’s dream and enabled them to beat the house out of $1.5 million,” Fertitta told the news agency.
 
“Even though we can appeal the court’s ruling and take full advantage of the appellate process and legal system, and tie the matter up in litigation for a number of years, the Golden Nugget is a people business, and is prepared to allow the gamblers - most of whom continue to gamble at Golden Nugget - to realize the gambler’s dream of beating the house.”
 
The casino will additionally let gamblers keep more than a half-million dollars already paid to them from the same disputed games, with the whole offer conditional on all sides halting litigation.
 
The judge was asked to support the casino's action in barring the involved players from cashing in almost a million dollars’ worth of chips won in the game, and to order the return of more than $500,000 in winnings already paid out to some of the winners who had cashed their chips.
 
Judge Isman denied both requests and agreed that the gamblers did nothing wrong. Even though they discerned a pattern, players remained at risk as there was no telling when the predictable run would cease, he said.
 
Fertitta said the proper course for Golden Nugget to recoup its losses was through litigation with the card manufacturer.
 
“We have a company we can go back against that has admitted fault,” he said. “But that’s our problem.”



Gambling News :

Betradar Launches US Sports Betting Solutions - With only a few weeks to go until the betting and gambling world descends on ICE in London, Betradar have today announced that they will be launching a comprehensive range of tools and services to any company that will be looking to provide sports betting in a post-PASPA United States.

Abdelaouhab Zizi Wins MPNPT Morocco Main Event - Abdelaouhab Zizi has defeated fellow Casablanca resident Fadhil Farag heads up to win the 2018 MPN Poker Tour Morocco Main Event and MAD 375,000 (c. €33,220) after a two-way deal.

Final 12 For MPNPT Morocco - Sunday on the MPN Poker Tour Morocco will see several trophies awarded at the Mazagan Beach Resort, with the largest going to the Main Event champion along with a prize of MAD 400,000 (c.€35,400).

MPNPT Morocco Updates - Leading the 104 combined survivors from both flights is still Said El-Yousfi with 272,000 chips; visit the MPN Poker Tour blog for an end-of-day recap and full chip counts.

MPN Poker Tour Morocco Day 1A - The MPN Poker Tour has returned to Morocco this week (January 11-14), featuring the MAD 1.5 million guaranteed Main Event, accompanying side events, and the activities and parties for which this tour has now become known on two continents.

2018 MPN Poker Classic - The MPN announces the return of The Classic tournament series this January. The series is back following its successful €350,000 guaranteed debut in 2017. This time €500,000 is guaranteed, along with a once in a lifetime trip to Monaco for the Classic Champion.

PDC and Sportradar Renew Deal - Following this month’s hugely successful World Championship, the Professional Darts Corporation (PDC) and long-standing partners Sportradar have renewed their multi-faceted cooperation that will see the leader in sports data and content continuing in their role as official data

Poker Yaar Joins MPN - Available through download, instant play and mobile, Pokeryaar.com is live with Omaha, Hold’em and Five-Card poker variants, alongside MPN’s Fish Party, the industry’s only progressive jackpot SNGs.

New MPN Poker Rooms Tower Torneos - Impressed with Microgaming, having already integrated with the Quickfire platform to gain access to some of the industry’s best gaming content, Tower Torneos has extended the relationship with poker.<

NY Rangers vs. Devils on 12/21 - When the Devils and Rangers hit the ice on Thursday (7 PM ET on MSG), so too will two of the league’s top netminders. After a slow start to the season, Henrik Lundqvist has returned to his form of old. Through 29 games, he’s posted a 2.59 goals against average, and a .920 save percentage.

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