Friday, April 11, 2014

Beating the Crooks at Their Own Game

Phil Ivey allegedly cheats two casinos:
An Atlantic City casino is suing a big-time gambler, claiming he won $9.6 million in a card-cheating scheme in baccarat.
The Borgata Hotel Casino & Spa filed a federal lawsuit Tuesday against Phillip Ivey Jr., considered one of the best poker players in the world.
The suit alleges Ivey and an associate exploited a defect in cards made by a Kansas City manufacturer that enabled them to sort and arrange so-called "good cards" in baccarat. The technique gave him an unfair advantage on four occasions between April and October 2012, the casino asserted in its lawsuit.
The casino claims the technique, called "edge sorting," violates New Jersey casino gambling regulations. Joe Lupo, the Borgata's senior vice president, declined to comment on the lawsuit.
There was no immediate response to a message sent Friday to Ivey's Twitter account. A lawyer who represents Ivey said he would eventually respond to a request for comment.
The suit claims the cards, manufactured by Gemaco Inc., and used in the baccarat games were defective in that the pattern on the back of them was not uniform. The cards have rows of small white circles designed to look like the tops of cut diamonds, but the Borgata claims some of them were only a half diamond or a quarter of one.
The lawsuit claims that Ivey and his companion instructed a dealer to flip cards in particular ways, depending on whether it was a desirable card in baccarat. The numbers 6, 7, 8 and 9 are considered good cards. Other "bad" cards would be flipped in different directions, so that after several hands of cards, the "good" ones were arranged in a certain manner — with the irregular side of the card facing in a specific direction — that Ivey could spot when they came out of the dealer chute.
The suit claims Ivey wanted the cards shuffled by an automatic shuffling machine, which would not alter the way each card was aligned.
A lawsuit filed in Britain's High Court by the Malaysia-based Genting Group, a major casino operator, makes a similar claim against Ivey. The suit alleges Ivey and an accomplice amassed almost $12 million by cheating at baccarat.
Almost $22 million.  That isn't a bad haul.  There really isn't a more deserving victim than a casino.

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