Phil Ivey ordered by judge to pay $10.1 million to Casino Borgata

Phil Ivey ordered by judge to pay $10.1 million to Casino Borgata


Ten-time World Series of Poker bracelet winner Phil Ivey has been ordered by a judge to return more than $10 million to Borgata Hotel Casino & Spa in Atlantic City.

U.S. District Court Judge Noel Hillman ruled last week that Ivey and his companion at the table, Cheung Yin Sun, must return $10.1 million to the casino, getting the casino and the players back to the state they were in prior to playing. That includes some of Ivey’s other winnings at the casino, including his time playing craps.

This case dates back to summer 2012 when Ivey won 10.000.000$ from Casino Borgata playing Baracca using edge-sorting tecnique and tried to do do it again at  Crockfords Club Casino, London, where they suspected may were possibilities of irregular behaviour or cheating and withheld 7.700.000$ of poker player earnings. Ivey sued Crockfords Club Casino in courts didn't receive his earnings, but failed and last october he lost his appelation in London Courts.

Last week U.S. District Court Judge ordered the pair to return $10.1 million to Borgata Casino. The judge did reiterate that Ivey did not break the rules of Baccarat or commit fraud, only that he had breached casino contract, something that split court opinion back in late October of 2016

Ivey’s attorney,Ed Jacobs, said that Ivey had “beat the casino at its own game” and would appeal the ruling soon, as the casino agreed to every condition of Ivey’s play in each of his four visits in 2012.

“What this ruling says is a player is prohibited from combining his skill and intellect and visual acuity to beat the casino at its own game,” Jacobs said to The Associated Press. “The casino agreed to every single accommodation requested by Phil Ivey in his four visits because they were eager to try to win his money.”

 Borgata requested that the judge use a different methodology to assess the damages to the casino, reaching up to $15.5 million (including $250,000 requested in comp repayments), but the judge rejected both requests, the first because the casino’s method of trying to predict how much they would have won had the pair not used edge sorting was too speculative, according to The Associated Press.
The judge rejected a request by the Borgata that Ivey repay nearly $250,000 in concept of  “goods and services”  the casino extended him while playing there.

You may also like

Poker odds part III: Reverse implied odds, how to calculate them and more

Within what we know as implied odds we can find the reverse implied odds. These, like the implied odds, take into account the fact that you could still receive money in future bets if you tie your...

The Inspiring Story of Lautaro Guerra Cabrerizo

The Inspiring Story of Lautaro Guerra Cabrerizo, PLO Professional and Millionaire WinnerWho is Lautaro Guerra Cabrerizo?Lautaro Guerra Cabrerizo is a Spanish professional PLO - Pot Limit Omaha - is...

Music and Poker: How It Affects Your Game

Music and Poker: How It Affects Your GameMusic and Poker: Optimize Your Performance with the Right TunesMusic is a powerful tool that can significantly influence poker performance. From improving f...

Promotions

Qualify for Free to Summer in Dublin and Win up to €100,000 Qualify for Free to Summer in Dublin and Win up to €100,000 Want to play one of the hottest live poker events this summer for free? WPT Global makes it possible with its Summer in Dublin Feeder Fre...
Win a FREE $3,500 WPT® Cyprus Championship Entry! Win a FREE $3,500 WPT® Cyprus Championship Entry! WPT Global is giving you the chance to play the WPT® Cyprus Championship for FREE. Each week, 8 players will win a $3,500 entry ticket through excl...
€500K GTD and Daily Mystery Bounty Tournaments at ChampionPoker’s Sunshine Slam €500K GTD and Daily Mystery Bounty Tournaments at ChampionPoker’s Sunshine SlamGet ready for summer poker action with Episode 6 – Sunshine Slam at ChampionPoker! This dynamic mini-series runs from...
Get Free Tournament Tickets with WPT Global’s Super Giveaway  Get Free Tournament Tickets with WPT Global’s Super GiveawayWPT® Global introduces the Super Giveaway, a daily promotion where your deposits can earn you free tickets to overlay tournaments from t...