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- Poker Hall of Famer Phil Ivey has come to a settlement with Borgata Casino in their long-standing legal battle. While terms have not been made public, what is known is that the July 2 filing in the U.S. Court of Appeals for the Third Circuit stated that the two parties “now reached a settlement.”
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Jul 5, 2023 · Borgata responded to Ivey’s win with a lawsuit to the tune of $15.6 million. How did they arrive at that figure? It included the six-figure comps the facility granted Ivey, plus $5.4 million in potential winnings the casino calculated they lost out on.
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Jul 11, 2020 · Professional advantage player and poker player Phil Ivey and the parent company of Atlantic City’s Borgata Hotel Casino settled their long-running “edge sorting” lawsuit which involved Ivey and co-defendant Cheung Yin “Kelly” Sun.
Jul 9, 2020 · The U.S. Court of Appeals for the Third Circuit issued a court ruling Thursday regarding the long-lasting saga between poker legend Phil Ivey and MGM’s Borgata casino in Atlantic City, New Jersey. Both parties have reached a settlement the terms of which have not been disclosed.
The manufacturer of the defective cards that Phil Ivey played with during controversial baccarat sessions at an Atlantic City casino scored a major victory in court this week.
- Phil Ivey and Borgata Reportedly Settle
- A Fraught Lawsuit at Best
- Too Many Unknowns For Comfort’s Sake
Professional poker playerPhil Ivey and the Borgata have reportedly settled a six-year lawsuit which alleged that Ivey, one of the richest poker players in the world, had teamed up with Cheung Yin “Kelly” Sunto devise a way that allowed them to have a significant edge over Borgata croupiers while playing baccarat. Back in 2012, Ivey and Sun managed ...
The lawsuit itself wasn’t without its twists and turns. The height of the battle took place between 2014 and 2016, with the Borgata demanding that Ivey and his partner returned $10 million in winnings for allegedly “edge sorting.” Now, nobody really accused Ivey of actually marking the cards, but Borgata did stipulate that by rotating the cards, Iv...
While both parties would have wanted to have it their own way, there were some extenuating circumstances they most likely had to acknowledge. First, the price of running a six-year-old lawsuit means a piling amount of court fees. Secondly, the case would have looked like a Jarndyce vs Jarndyce situation, a lawsuit in which the trial continues drags...
Phil Ivey finally settled his lawsuit with Borgata earlier this month. The undisclosed agreement between the two parties comes after a six-year legal battle regarding the controversial "edge sorting" technique they used in baccarat.
Mar 23, 2015 · Professional poker player Phil Ivey saw his request to get the Borgata’s $9.6 million lawsuit against him thrown out denied by a judge last week.
