He was put on GAMPROH status, so he can't play at any Caesars properties, basically if he plays and gets caught, not only he could go to jail (usually a 1 time re-advisement if he is caught in another jurisdiction), we can take his winnings (if he has any) - new corporate policy came down from legal. I don't know if Iowa has done anything to ban him from other licensed casinos in Iowa.

As for having him as a speaker at and educational seminar... I have been told from credible sources that the gentleman is a strange character - maybe someone that would creep people out (crazy finding out his rank in the service). Second reason not to have him speak, he was not good at counterfeiting chips. If you are going to get a speaker find someone that is good at counterfeiting. : )

As for how we handled the incident when we made the discovery. We did not know the extent of the counterfeiting at first. I put in measures to verify all $500 chips in the cage both of our properties, and at table games at the Horseshoe - this is where it is good to have knowledge about chips. As these were painted they had a different feel and sound - (horribly painted, with a horribly printed inlay - blurry scan, glued badly, the inlay was peeling off with the paint one of the chips) they were easy to spot. The original counterfeits came in through our poker cage and we stopped taking in $500 chips at the poker cage as there is no second person to verify the chips. The incident ended up just being isolated to the poker room and it was not a large scale counterfeiting job.