I just saw a demonstration at the G2E convention a couple years back. They produce machines that can definitely read the cards. But as far as I knew, it just read the cards being pulled out by the dealer. Then sent that information to a screen in the chip tray and a screen displayed for the players. The selling point for this tech was to cut down on dealer error. For carnival games like UTH, six card poker, quick and accurate hand reading is tough.
Building a machine to read cards during the shuffle sounds amazingly illegal, at least for NGC standards. I have no idea, but I would bet that something like that would never be built for casino use. As for the villains, I guess anything is possible.
If it was me, I would just create a machine with a trap door. Seat one or nine can pull out deck thats being "shuffled" and pop in a cold deck. Then light turns green, dealer grabs the deck. And if he is good enough, cut to any spot in the deck.