{"id":2545,"date":"2018-09-03T13:04:40","date_gmt":"2018-09-03T12:04:40","guid":{"rendered":"https:\/\/www.moneypokersites.com\/?p=2545"},"modified":"2018-09-03T13:04:40","modified_gmt":"2018-09-03T12:04:40","slug":"phil-ivey-ordered-to-pay-9-6m-to-borgata","status":"publish","type":"post","link":"https:\/\/www.moneypokersites.com\/news\/phil-ivey-ordered-to-pay-9-6m-to-borgata\/","title":{"rendered":"Phil Ivey Ordered to Pay $9.6M To Borgata"},"content":{"rendered":"

After years of appeals, Phil Ivey has been ordered to pay the $9.6 million he owes to The Borgata Casino back once and for all. The case has been dragged out since 2012, and the casino can finally looked forward to recouping its significant loss.<\/p>\n

The Whole Sordid Ordeal<\/h2>\n

It has been over five years since the situation occurred, so we don\u2019t blame you if you haven\u2019t been following the case this entire time. It all dates back to 2012, when Ivey requested a high stakes baccarat session at The Borgata in Atlantic City<\/a>. He asked for a private pit, a dealer who spoke Mandarin, an eight-deck shoe of Gemaco playing cards and an automatic shuffling device. While these demands might not seem unusual for a world-renowned card player, there was an ulterior motive at work.<\/p>\n

Ivey had spotted a defect in the cards when playing with Gemaco cards earlier on. Under the specific circumstances that he requested, he was able to use this defect to his advantage, ultimately winning $9.6 million over the course of a few trips that year.<\/p>\n

This particular type of cheating is called \u201cedge sorting\u201d, in which a player exploits defects in cards to \u201cmark\u201d them. Because the cards are defective, the player does not have to actually touch them; they can simply tell which cards are being dealt based on their defects. In this case, Ivey was able to change the game odds from a 1.06% house edge to a 6.7% edge to him.<\/p>\n

Delay After Delay After Delay<\/h2>\n

After figuring out what happened, The Borgata decided to sue Ivey for the money that he \u201cwon\u201d. The case was decided in the casino\u2019s favour. In the meantime, the Borgata also sued Gemaco for selling defective cards that resulted in the huge loss, but the judge only ordered the card manufacturer to pay back the $23 original cost of the deck.<\/p>\n

In 2016, Ivey eventually appealed the court\u2019s decision for him to pay back to $9.6 million but the appeal was dismissed. Again, he appealed in 2017, as a means of further delaying his payment. The case was thrown out, and he had one last shot last week.<\/p>\n

This time around, U.S. District Court Judge, Noel Hillman, ordered Ivey to pay the full sum back to The Borgata. His legal team fought tooth and nail to avoid having to pay, stating that paying back the money would have a \u201cdevastating impact<\/a>\u201d on the gambling careers of Ivey and his accomplish \u2013 but it was no use.<\/p>\n

Ivey has 10 WSOP bracelets to his name and has $26 million in tournament winnings<\/a> under his belt. Why he needed to scam a casino out of $9.6 million is anybody\u2019s guess, but it does take away from his impressive achievements in the poker world.<\/p>\n","protected":false},"excerpt":{"rendered":"After years of appeals, Phil Ivey has been ordered to pay the $9.6 million he owes to The Borgata Casino back once and for all. The case has been dragged out since 2012, and the casino can finally looked forward to recouping its significant loss. The Whole Sordid Ordeal It has been over five years […]","protected":false},"author":5,"featured_media":2546,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[36,304],"class_list":["post-2545","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industry","tag-atlantic-city","tag-phil-ivey"],"yoast_head":"\nPhil Ivey Ordered to Pay $9.6M To Borgata - Money Poker Sites News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.moneypokersites.com\/news\/phil-ivey-ordered-to-pay-9-6m-to-borgata\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Phil Ivey Ordered to Pay $9.6M To Borgata - Money Poker Sites News\" \/>\n<meta property=\"og:description\" content=\"After years of appeals, Phil Ivey has been ordered to pay the $9.6 million he owes to The Borgata Casino back once and for all. 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