We received word that super-swimmer, bong-hitter and skirt-chaser Michael Phelps is playing in the $2k heads-up event at Borgata as we speak.

It's a double-elimination format and he must have lost his first match since the first we saw of him was in the loser's bracket. So far he's defeated two experienced players in Paul Wasicka and Adam Gerber.

10:45 Pacific Time:

Right now he's playing Basilios Diakokomninos and, should he emerge victorious, he'll be playing an extremely talented player, Olivier "livb112" Busquet.

We're going to keep an eye on the action so check this page for updates throughout the day.

12:30 Pacific Time

Michael Phelps is busto! He was defeated by the guy with the really long name. Back to hitting bongs and chasing skirts I suppose.