..

Phil Ivey Settles With Borgata?

Written by:
Ace King
Published on:
Jul/16/2020

While reports surfaced this week that poker pro Phil Ivey had settled his long-standing dispute with Atlantic City's Borgata Casino, the deal has yet to be finalized.

In 2016, Ivey was ordered to pay back $10.6 million he had won at the casino playing Baccarat.  He and a female companion, Chung Yin Sun, were accused of taking advantage of playing card defects and engaging in "edge sorting". The practice is a technique used where a player determines whether a face-down playing card is likely to be low or high through the exploitation of subtle unintentional differences on the backs of the cards being dealt.  The card manufacturer admitted to the defects later on.

The sum included money that Ivey won playing craps with some of the money he won at the card table.

Earlier this year, the Borgata was said to be tracking Ivey's financial movements.

On July 2, the parties filed a joint motion in the US Court of Appeals for the Third Circuit. They all moved for a stay of the proceedings and partial remand to the District Court.

“The parties participated in the mediation program, and they have now reached a settlement.”

The settlement depends upon the District Court setting aside particular orders and decisions from its decision, however.

- Ace King, Gambling911.com

Poker News

Stones Talks Settlement With Cheated Poker Players

Stones Talks Settlement With Cheated Poker Players

Attorneys for those negatively impacted by high-profile Mike Postle cheating case have informed the judge overseeing the case that a settlement has been reached in principle, and that negotiations are ongoing over details.  These attorneys have indicated they will require more time, however.

Should I teach my child to play poker?

Should I teach my child to play poker?

Each of us was once a child. In most cases, it is challenging to teach children discipline – they prefer to live without any restrictions. Children love games, entertainment, and fun.

Suspect Arrested in Poker Pro Susie Q Murder Case

Suspect Arrested in Poker Pro Susie Q Murder Case

A 60-year-old Michigan man has been arrested in connection to the death of professional poker player Susie "Susie Q" Zhao, authorities said.

Kid Poker, Doug Polk Agree to Settle Long Running Fued....With Game of Poker

Kid Poker, Doug Polk Agree to Settle Long Running Fued....With Game of Poker

Poker pro Daniel Negreanu has accepted a challenge to play fellow pro and Youtuber Doug Polk following a long-running feud between the two men.

Michigan Authorities Exploring Poker Ties in Brutal Murder of Susie Zhao

Michigan Authorities Exploring Poker Ties in Brutal Murder of Susie Zhao

“We’re looking at every avenue — whether it was part of her hitchhiking — she used to hitchhike quite a bit. She got rides with people she didn’t know frequently,” a police spokesperson said.

Syndicate