{"id":10242,"date":"2020-07-12T11:07:03","date_gmt":"2020-07-12T11:07:03","guid":{"rendered":"https:\/\/www.onlinepokeramerica.com\/news\/?p=10242"},"modified":"2020-07-12T11:18:59","modified_gmt":"2020-07-12T11:18:59","slug":"borgata-and-phil-ivey-reportedly-reach-a-settlement","status":"publish","type":"post","link":"https:\/\/www.onlinepokeramerica.com\/news\/borgata-and-phil-ivey-reportedly-reach-a-settlement\/","title":{"rendered":"Borgata and Phil Ivey Reportedly Reach a Settlement"},"content":{"rendered":"\n

A six-year-long court battle between poker legend Phil Ivey and the Borgata Hotel Casino & Spa may have been settled.<\/em><\/p>\n\n\n\n

Phil Ivey and Borgata Reportedly Settle<\/h2>\n\n\n\n

Professional poker player Phil Ivey<\/strong> and the<\/strong> Borgata<\/strong> 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” Sun<\/strong> to devise a way that allowed them to have a significant edge over Borgata croupiers while playing baccarat.<\/p>\n\n\n\n

Back in 2012<\/strong>, Ivey and Sun managed to win $9.6 million from the Borgata Hotel Casino & Spa<\/strong> prompting the casino to look into the case. Upon examining the circumstances, the Borgata claimed that Ivey had spotted a small variation to the pattern of the printed backs of the cards, allowing him to “game the house.” \u00a0Interestingly, a Genting Group-owned casino in the United Kingdom also accused Ivey of cheating and filed a lawsuit against him in 2013<\/a>.<\/p>\n\n\n\n

The case and ensuing disagreement prompted Borgata to seek legal recourse against Ivey and filed a lawsuit<\/a>, which would begin a battle in court lasting until allegedly today.<\/p>\n\n\n\n

Mac VerStanding<\/strong>, an attorney who specializes in gaming issues, has argued that he was surprised that Ivey and Borgata took so long to reach an agreement as, according to him, there was no outcome that would have favored either party.<\/p>\n\n\n\n

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