10.06.2020»»среда

Phil Ivey Casino Law Suit

10.06.2020

Poker pro Phil Ivey is facing a lawsuit from an Atlantic City casino for allegedly cheating the house out of $9.6 million during a series of trips in 2012.

Ivey has been accused of spotting manufacturing defects in the cards while playing baccarat at The Borgata Hotel Casino. The suit also named the manufacturer of the cards, Gemaco Inc. of Blue Springs, MO. In addition, Ivey’s alleged accomplice, Cheng Yin Sun, was named in the complaint. Sun allegedly accompanied Ivey and gave instructions to the dealers.

In April 2012, Ivey first contacted Borgata about a visit to play baccarat for high stakes. “Because of his notoriety as a high-stakes gambler, and the amount of money he intended to gamble, Ivey was able to negotiate special arrangements,' the 58-page complaint said.

Ivey

Mar 11, 2019  So far, the Atlantic City casino’s lawsuit has been somewhat successful in court. The judge agreed that Ivey did breach his contract as specified under the New Jersey Casino Control Act. Ivey has pledged to appeal the decision, of course. Mar 29, 2018  BY Lee Davy ON March 29, 2018 The Phil Ivey v Borgata edge sorting case took a twist on Monday after Judge Noel Hillman, presiding over the legal tussle between Borgata. Phil and his partner did deceive the casino. Ivey and Sun had not touched the deck, but they had tampered with it, in a sense, by demanding that the dealer rotate certain cards in the deck 180 degrees. They would have done well to remember 'meinertzhagen's and haversack', and accept some loses along the way as to not be discovered so easily.

The casino said that Ivey requested a private pit, a dealer who spoke Mandarin Chinese, one eight-deck shoe of purple Gemaco Borgata playing cards to be used for the entirety of each session, as well as an automatic card shuffling device to be used to shuffle the cards after each shoe was dealt. According to the complaint, Ivey said it was because he’s superstitious.

  • The Borgata Hotel Casino & Spa is suing Phillip 'Phil' Ivey Jr, claiming he cheated the house out of $9.6 million in a game of baccarat. Ivey is seen here in Las Vegas in July 2009 The Borgata.
  • Phil Ivey loses Crockfords edge-sorting appeal on the heels of his Borgata lawsuit loss earlier this year in New Jersey. Phil Ivey will continue his fight.
  • Poker pro Phil Ivey ordered to pay Borgata $10M Is it cheating if you win at baccarat because you notice an imperfection in the pattern on the backs of playing cards? Check out this story on.
  • Britain's highest court ruled Phil Ivey cheated in a baccarat session that won him more than $10 million.

“Ivey misrepresented his motive, intention and purpose and did not communicate the true reason for his requests to Borgata at any relevant time,” the casino alleged. “Ivey’s true motive, intention, and purpose in negotiating these playing arrangements was to create a situation in which he could surreptitiously manipulate what he knew to be a defect in the playing cards.”

The technique Ivey was accused of using to gain an advantage over Borgata, called “edge sorting,” is the same one he was accused of using against Crockfords Casino in the United Kingdom in August 2012. Crockfords decided to withhold $12.1 million of Ivey’s winnings. The poker pro eventually decided to sue Crockfords, later admitting that he did notice defects in the cards, but that it wasn’t actually cheating. That case is still pending over in London.

The technique “exploits manufacturing defects in playing cards in order to ‘mark’ cards without the player actually touching, defacing, or placing a physical mark on the cards,” the Borgata lawsuit said. “During play, Ivey and Sun used the accommodations they requested from Borgata to ‘turn’ strategically important cards so that they could be [distinguishable].”

Borgata said that the edge sorting “changed the overall odds of the game from an approximate 1.06 percent house advantage to an approximately 6.765 percent advantage for Ivey.”

Borgata is also seeking a judgment against Gemaco for “breach of contract”, among other allegations, for “delivering defective and asymmetrical cards that were unsuitable for baccarat.”

The federal lawsuit was filed April 9, and as of April 16 the 38-year-old Ivey had not issued a public statement in response to the alleged cheating in Atlantic City, the town in which he got his first taste of casino gambling during the mid-1990s.

Ivey’s official Twitter account did retweet a link to an article with the headline, “Top-10 reasons Phil Ivey’s baccarat play shouldn’t be called cheating.”

No criminal charges have been filed against Ivey.

Ivey, winner of nine World Series of Poker bracelets, has earned more than $30 million from playing poker—live and online—during his storied career.

Saturday, February 9th, 2019 Written by April Bergman

A New Jersey-based federal judge gave Borgata Hotel & Casino the right to go after Phil Ivey’s Nevada assets in a follow-up to a highly publicized lawsuit. The Atlantic City casino sued poker professional Phi Ivey for $10.16 million to recover money lost in an edge-sorting scandal involving high stakes baccarat played at the Borgata in 2012.

The lawsuit stemmed from two high stakes sessions of baccarat Phil Ivey and gaming partner Cheng Yin Sun played at Borgata in the spring and summer of 2012. In the May session, Phil Ivey played for $50,000 a hand and won over $3 million in the baccarat session.

In August 2012, Borgata wooed back Ivey and Sun with promises of $100,000 a hand baccarat. This time, Phil Ivey won another $6 million-plus, bringing his total winnings to $9.6 million.

The story might have ended there, but Phil Ivey sued Crockford‘s Casino in London the next year when it refused to pay his baccarat winnings. Crockford’s accused Ivey and Sun of edge sorting, a method used to give a baccarat player a mathematical advantage over the casino.

Borgata v. Phil Ivey

Borgata sued to recover the money Phil Ivey won in 2012, claiming he used the same technique in his Borgata sessions. Ivey admitted to using the technique in court, but claimed he was using good tactics to beat the house. A New Jersey court did not see it that way and awarded Borgata $10.16 million in damages in 2016 — $9.6 million for the winnings plus roughly $500 thousand in comps the casino gave Phil Ivey for his high dollar play.

Once Borgata won the case, it found that Phil Ivey did not have significant assets in the State of New Jersey. He had a single Wells Fargo account, but its money had been transferred to an account in Mexico.

Oct 2018 Filing to Seize Assets

In October 2018, Borgata filed a motion to find where Ivey’s main assets were. It turned out they are located in Nevada, so Borgata filed the current motion to gain the right to access those funds.

Borgata’s legal team wrote: “Although the extent of Defendant Ivey’s business holdings is unclear, it is believed that Ivey Poker, LLC is the entity behind Ivey League, Ivey’s poker oriented website. Ivey’s holdings have been estimated at $100 million, and the above shows these holdings, at least those that are ascertainable, are based in Nevada.”

“Ivey has also disclosed a luxury home in Cabo San Lucas, Mexico on his social media account. It is possible that one of Ivey’s Nevada entities is the ultimate owner of this home.”

What is the gambling industry. Main article:Gambling for centuries has been a main recreational activity in Great Britain. Horse racing has been a favourite theme for over three centuries. Historically much of the opposition comes from evangelical Protestants, and from social reformers.

Phil Ivey’s Nevada Assets

Borgata’s lawyers filed a motion with Judge Hillman’s court in New Jersey on January 28 asking for the ability to go after Phil Ivey’s assets in Nevada. Judge Hillman ruled this week that Borgata’s lawyers could proceed with asset seizure. Phil Ivey’s lawyers did not protest the court decision.

As this story develops further, BOC will update the court decisions.

Kelly Sun Signs a Hollywood Film Deal

In the meantime, Kelly Sun, Phil Ivey’s partner in the edge-sorting scheme, has signed a deal with Ivanhoe Picture and Jeffrey Sharp of Sharp Independent Pictures to produce a Hollywood film about Sun’s life. The movie is tentatively called The Baccarat Queen.

Phil Ivey Wiki

Kelly Sun’s life is worthy of a Hollywood movie. She was born the daughter of a wealthy Hong Kong businessman. In her twenties, Sun loved casino gaming so much that she lost as much as $20 million of her father’s money jetsetting around the globe to play in casinos. At one point, she owed MGM Resorts International $100,000, so the Nevada casino company had her placed in a Las Vegas jail.

Ivey

Phil Ivey Casino Lawsuit

Attacked by more than one female cellmate, Kelly Sun decided she would learn how to beat the casinos. She learned edge-sorting — a method by which a high stakes baccarat player can gain an advantage over a casino — and took her revenge on casinos everywhere. A chance meeting with Phil Ivey in an Australian casino led to the fateful baccarat sessions in Atlantic City and London.