Ivey beats Casino for 12mil in baccarat, casino won't pay
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daneblazerBARRELED IN @ SBR!
- 09-14-08
- 27861
#1Ivey beats Casino for 12mil in baccarat, casino won't payTags: None -
onacloudSBR Hall of Famer
- 10-14-10
- 5360
#2Comment -
GUMMO77SBR Hall of Famer
- 08-23-10
- 9294
#3Their first theory had something to do with the woman Ivey was with ... and now this.
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Cuse4twSBR MVP
- 03-16-10
- 2895
#4this story is so old.....2p2 has had a thread on this for months nowComment -
konckSBR Posting Legend
- 10-17-06
- 12554
#5If they dont pay Ivey because they are saying he noticed the cards had imperfections from the manufacturer who the hell would want to gamble huge there? It gives them an out not to pay the big winners. Yeah probably Ivey saw the cards were mess up and asking them to turn the cards 180 degree angle was the give away but if the casino people arent smart enough to realize whats happening oh well. The guy didnt come in looking to cheat he just took advantage of what was on the layout.Comment -
SamDiamondSBR Hall of Famer
- 10-19-12
- 6107
#6If they dont pay Ivey because they are saying he noticed the cards had imperfections from the manufacturer who the hell would want to gamble huge there? It gives them an out not to pay the big winners. Yeah probably Ivey saw the cards were mess up and asking them to turn the cards 180 degree angle was the give away but if the casino people arent smart enough to realize whats happening oh well. The guy didnt come in looking to cheat he just took advantage of what was on the layout.
Although for a smart guy-- Ivey was fuking stupid. He also asked the manager to keep the same decks of cards in the rotation for 3 days----
He was up something like 3.9 million after the first night and asked the same cards be used because he was superstitious.Comment -
Ghenghis KahnSBR Posting Legend
- 01-02-12
- 19734
#7why is it ivey's fault for their incompetence?
when a drunk guy at a casino loses his life savings can he claim the casino took advantage of him and get his money back?Comment -
onacloudSBR Hall of Famer
- 10-14-10
- 5360
#8That's where I'm at. Who will play there if Ivey gets the shaft?
Although for a smart guy-- Ivey was fuking stupid. He also asked the manager to keep the same decks of cards in the rotation for 3 days----
He was up something like 3.9 million after the first night and asked the same cards be used because he was superstitious.Comment -
DoYouNotGetITSBR Wise Guy
- 09-25-13
- 529
#10
1) Played a card game he almost never plays. Phil Ivey plays craps regularly and plays blackjack from time to time.
2) Went to the casino with a cheater
3) Asks for a dealer who speaks a specific Asian language
Just saying in Vegas he won't get his winnings since Vegas casinos were allowed to take a player's winnings if he was card counting. (Card counting doesn't happen anymore since I don't know of a Vegas casino who doesn't use a random card shuffling machine now).Comment -
sweepSBR Posting Legend
- 10-09-10
- 16753
#11BORGATA GRANTED APPROVAL ON MOTION TO FILE PHIL IVEY JUDGMENT IN NEVADA
<time itemprop="datePublished" class="entry-date date updated" content="2019-02-03" datetime="2019-02-03" style="box-sizing: border-box;">3rd February 2019</time> // Gossip, Industry, Legal News, Misc, NewsThe parent company of Atlantic City, NJ’s Borgata Hotel Casino and Spa, Marina District Development Co. LLC, has received legal approval from a New Jersey-based federal judge to docket its outstanding $10.16 million judgment against prominent professional gambler and poker player Phil Ivey in the state of Nevada. The Borgata sought legal approval to expand its search for attachable assets owned by Ivey after a search for such assets in New Jersey turned up only a zero-dollar bank account.
The order to docket the December 2016 judgment, submitted by counsel for the Borgata on January 28, 2019 and immediately signed into effect by presiding US District Judge Noel L. Hillman on January 29, follows an unusual event in the lengthy legal proceedings, following a status conference that occurred on January 24. Ivey and Chung (also spelled as Cheung) have been represented in the matter by New Jersey attorney Louis M. Barbone. Separately, Ivey was scheduled to appear for deposition on January 30, 2019, though whether that deposition occurred as scheduled is not yet part of the case’s record. [This updates and corrects the story’s initial version, which raised the possibility that Ivey might have been a no-show for recent developments in the case. — hh]
Phil Ivey at his seaside villa in Cabo san Lucas, Mexico
The one-page order allowing the eight-figure judgment to be docketed into Nevada includes several declarations pertaining to the October motion for docketing and subsequent developments. One of those reads, “WHEREAS, no opposition to the [docketing] motion was filed or received… .” The motion’s text was signed into effect by Judge Hillman without any changes from the draft version submitted by Borgata’s counsel one day earlier. Neither Ivey nor his counsel protested the filing of the motion to docket the matter into Nevada.
To expand the picture, the Borgata filed its motion regarding its plan to expand its collection efforts against Ivey in early October, even as Ivey and his co-defendant in the high-profile case, “Kelly” Cheng Yin Sun, filed an appeal of that judgment in a New Jersey-based appellate court. Counsel for the Borgata, led by Jeremy M. Klausner, followed that up a few weeks later with a separate motion asking Judge Hillman to force Ivey and Chung to comply with discovery requests regarding the location of Ivey’s assets. It does not appear that Ivey or his counsel followed through with that request, instead continuing their attempts to evade the supercedeas bond or equivalent posting of assets, which in turn likely added to the factors forcing Judge Hillman to rule in the Borgata’s favor on the docketing matter.
Separately, action by and on behalf of Ivey and Chung appears to have stalled in the appeal of the $10.16 million judgment. That appeal was filed in late September in the US’s Third Circuit Court of Appeals, which includes New Jersey. Barbone, on behalf of Ivey and Sun, tried arguing that the pair should not have to post the supercedeas bond normally required to advance such appeals for consideration. The Borgata quickly filed countering motions in that appeal, seeking to force Ivey to force the bond in the amount of the official judgment — in other words, the $10.16 million.
The separate docket for the appellate case also shows no record of Ivey bringing any assets into the court system and into the legal reach of the Borgata’s collection efforts. Instead, the last filing on the appellate side is a notice to counsel that has been under seal since its filing in mid-November, and Barbone, Ivey’s attorney of record, has filed no paperwork since an initial notice of appearance (on Ivey’s behalf) filed in late October.
Taken as a whole, the picture appears to represent an ongoing and willful noncompliance by Ivey pertaining to the $10.16 million judgment, in cash or equivalent assets, refusing to bring such assets within the Borgata’s grasp. Whether one believes that Ivey’s and Sun’s activities constituted cheating, the greater matter is that he was found liable in the New Jersey court and ordered to return his adjudged ill-gotten profits, which he has not done to date. The situation is further complicated by evidence that Ivey has moved a significant portion of his personal wealth outside the US entirely, such as a luxury seaside villa Ivey owns in the Mexican resort destination of Cabo San Lucas, which he has posted about on social media.Comment -
JaimeMiroSBR MVP
- 03-14-17
- 2515
#12So Ivey was paid
No way he's paying back, as he did nothing wrong. Casinos do the same thing which is why people rarely win.
Ivey beat the systemComment -
gauchojakeBARRELED IN @ SBR!
- 09-17-10
- 34113
#14Hman those guys from casino weeklywinners look like they are winning the game of lifeComment -
DrunkHorseplayerSBR Hall of Famer
- 05-15-10
- 7719
#15LV casinos are not legally allowed to keep a counter's winnings and there are plenty of tables without an auto shuffler.Comment -
MrSinkSBR Hall of Famer
- 12-30-08
- 8087
#16this story is outdatedComment -
clockwise1965SBR Hall of Famer
- 10-01-13
- 6753
#17Old story but still relevant.Comment -
jjgoldSBR Aristocracy
- 07-20-05
- 388179
#18guy broke as anythingComment
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