Phil Ivey Appeals Once Again On The $10Million Judgement Against Him

//Phil Ivey Appeals Once Again On The $10Million Judgement Against Him

Phil Ivey Appeals Once Again On The $10Million Judgement Against Him

The storm doesn’t seem to settle for Phil Ivey. It’s been over half a decade since Atlantic City’s Borgata Casino case has kept the poker legend occupied, and of course, not for good reasons. Phil Ivey, once again, has appealed the $10.1 Million judgement against him.

The Judgement

An excerpt from the verdict against Ivey and his gambling partner Cheung Yin ‘Kelly’ Sun:

Even though Ivey and Sun’s cunning and skill did not break the rules of baccarat, what sets Ivey and Sun’s actions apart from deceitful manoeuvres in other games is that those manoeuvres broke the rules of gambling as defined in this state.

It is not the first time that a court has passed a judgement against Ivey’s edge-sorting appeal in a game of baccarat. The 10-time WSOP bracelet winner lost a similar case against Crockford’s Club in the apex court of United Kingdom.

In the Borgata Casino case, Ivey and his side-kick Sun have so far failed to prove that the penalty would ‘threaten the existence of their business.’ U.S. District Court Judge Noel Hillman stated, Without any evidence to support their claim that they will be irreparably harmed …defendants have not met their burden…to warrant a stay of the judgment pending their appeal.”

In Hope Of Change

Now, Ivey and Yin Sun are bracing up for an appeal to the United States Court for the Third Circuit. The current ruling, however, authorizes Borgata’s parent company, MGM Resorts, to begin collecting the 8-figure compensation even before the appealing procedures are over.

2018 marked a brilliant comeback from Ivey at the World Series of Poker. In fact, his winnings amount to over $2million so far, but his legal hassles are yet to end.

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By |News|2018-09-13T05:04:58+00:00September 7th, 2018|0 Comments