By coincidence I happened to have read the book describing this occurance a few days ago (Bringing Down the House by Ben Mezrich). It allegedly happened over a three year period from 1994 through 1997. A further coincidence is that the name used for the lead player in the book is Kevin Lewis. It's not our VP Kevin because the real player (and most of the others) was Asian.
There's no way to know how much of this is true but there was a lot that sounded like bullkaka. These kids supposedly were spreading 50 K per deal (sometimes more) with little to no heat, killing the house while doing so and getting near whale comps while doing so. Their supposed hook was team play which enabled a few team members to play at low stakes until the deck went highly positive at which point they secretly signaled for the "big player" to sit down and play high stakes until the deck ran down. It didn't ring true for me.
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The History Channel is running some gambling related stories these
days. Last night they dramatized the MIT Blackjack team that took LV
casinos (and others) for big bucks. Very interesting. This was a
very organized, and highly financed ($1,000,000+) group effort, and a
complicated story to tell. If you can find it, take the time to
watch ... it is about 2 hours long! My hope is they dramatize Bob
Dancers account in his Million Dollar VP book. For the first time,
TV is showing some interest in gambling from a technical point of
view ... not just the mafia crap.