Borgata-Ivey case results in laughable judge’s decision

Phil Ivey made millions playing poker. He won ten WSOP and one WPT bracelets.  He is also somewhat of a baccarat fan, opting for the most popular version, punto banco.  In two high-profile cases, the card-playing prodigy won millions at the game, only to be forced to give it all up due to accusations of "edge-sorting."  Now, a judge has ruled that a suit brought by one of the casinos involved against the card manufacturer for about $10 million is worth only a small fraction of that amount.

Let’s recap.  Ivey and fellow baccarat player won about $9.6 million at the Borgata in 2012.  The pair was ordered by a court to return the money after the edge-sorting accusation was upheld.  The Borgata, in the meantime, also went after the card manufacturer, Gemaco, for a flaw in the cards that facilitated the edge sorting, asking for $10.1 million. 

A court has now handed down its decision in the Borgata-Gemaco fight, and the result probably wiped out what it recuperated from Ivey, factoring in lawyers’ fees, time, manhours and all components of the lawsuit.  Instead of getting $10 million from the card manufacturer, Borgata has to settle for a mere $27, the cost of the defective cards.  Borgata has yet to comment on how it will spend its windfall.

Don't Miss these ACR News Stories


Join the most trusted US poker site since 2001 and get a 100% bonus on your first deposit, up to $1,000 !



Stay up to date on the latest poker news through social media. Join us at Facebook/americascardroomeu and follow us @ACR_POKER on Twitter. We invite you to share ideas and reactions.