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Borgata Files Cross-Appeal Against Phil Ivey, Seeks Larger Financial Judgment

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Borgata Files Cross-Appeal Against Phil Ivey, Seeks Larger Financial Judgment Borgata Files Cross-Appeal Against Phil Ivey, Seeks Larger Financial Judgment

Borgata Files Cross-Appeal Against Phil Ivey, Seeks Larger Financial Judgment






Another newsy gift that keeps on giving returns to the headlines this week: the latest in the Borgata’s ongoing “edge sorting” lawsuit against professional poker player and high-stakes gambler Phil Ivey. On Friday, the Borgata filed a cross-appeal regarding the original decision in the case, which went mostly the Borgata’s way when it was handed down by US District Court Judge Noel L. Hillman in late 2016. The giant Atlantic City casino was awarded $10.13 million in that original decision, and like Ivey, the Borgata thinks it could and should have done better.
That $10.13 million judgment in the Borg’s favor largely unraveled the original gambling dealings between the casino and Ivey during the four extended visits by Ivey and his partner in the edge-sorting scheme, “Kelly” (Cheung Yin) Sun. Sun, known as the “Queen of Sorts”, used her expertly trained eyesight to assist Ivey in a complicated scheme that induced ignorant and arguably incompetent, negligent Borgata staff to rotate certain cards in the casino’s mini-baccarat game. The 180-degree rotation of some cards allowed Sun to identify tiny print imperfections and help her and Ivey identify probable card-range values in baccarat over time. That shifted the game’s edge to Ivey, the official bettor, and he won $9.626 million over the four multi-day sessions, the last of which occurred in 2012.
The difference between the amount Ivey won and the somewhat larg...
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Borgata Files Cross-Appeal Against Phil Ivey, Seeks Larger Financial Judgment Borgata Files Cross-Appeal Against Phil Ivey, Seeks Larger Financial Judgment

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Source of news: Flush Draw
Source of publication: 07-10-2018 16:15
visto: 3

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