Poker Legend Ivey accused of cheating Borgata out of $10m
The poker superstar, who recently laid claim to his 10th gold bracelet at the World Series of Poker, has been accused by the Borgata Hotel Casino and Spa of cheating the establishment out of nearly $9.6m after four sessions of playing baccarat in 2012.
It might be reasonable to surmise that Ivey would be apt to succeed at most card games given his background, but Borgata officials claim his performance was just plain too good. Stating manufacturing flaws that gave Ivey a distinct advantage in spotting certain cards, the casino has also included card manufacturer Gemaco Inc. and Cheng Yin Sun, Ivey’s partner, in the suit. Ivey’s lawyers have filed a counter suit to request the dismissal of all charges, stating his performance was “all skill”.
The defences lawyers also assert that the 6-month statute of limitations to recover money lost on an “illegal” game has long since passed, affirming the casino has no grounds to pursue what they see as losses as the result of cheating.
Ivey has incredible clout in the card-playing world, recently tying Doyle Brunson and Jonny Chan as 10-time gold bracelet winners, putting all three in a 2nd place tie behind 13-time bracelet recipient Phil Hellmuth.
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