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Court Orders Phil Ivey to Return $10.1M to Borgata
- Updated: December 19, 2016
A federal judge has ordered nine-time World Series of Poker bracelet winner Phil Ivey to return more than $10 million to Borgata Hotel Casino & Spa in Atlantic City as part of a lengthy set of federal court rulings on his edge-sorting, reported The Associated Press.
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.
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. Ed Jacobs, Ivey’s attorney, said that Ivey had …
