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When Phil Ivey returned to playing tournaments at the World Series of Poker this summer, fans rejoiced.
But his decision to buy into events might now hurt him in his $10.1 million edge sorting case against the Borgata Casino in Atlantic City, NJ.
Ivey’s legal team is attempting to postpone payments owed to the casino from a legal ruling made in late 2016. Borgata filed a motion on Aug. 4 in federal court to deny Ivey and his team a delay in making payments and “avoid posting a bond.”
Lawyers representing Ivey claimed in July that the sum is such where the “enormity of that amount would clearly be of devastating impact.” The case was made that Borgata’s business would not be hurt should the judgment be further delayed.
In legal documents, Borgata called the statement made by Ivey’s team of the payment being of “irreparable harm” to be invalid.
“There is no testimony or evidence in this case that defendants will be prevented from pursuing their careers as professional gamblers if a stay is not granted,” lawyers representing Borgata said.
Ivey’s play at the World Series of Poker this summer included buy-ins ranging from the $565 Colossus all the way up to...
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For instance, some of the more popular US poker sites such as Lock Poker was, are for all intents and functions were a little too carefully related to the betting commission that managed them; a major dispute of interest. Take another example, the once Absolute Poker and Ultimate Bet. Each of these business were owned by Tokwiro Enterprises, which is a personal company exclusively owned by Joseph Tokwiro Norton and headquartered in Kahnawake Mohawk Area. This area is a small (48.05 square kilometers) sovereign Indian booking on the south coast of the St. Lawrence River in Quebec with a population of about 8,000. The gambling commission which controlled these 2 websites was likewise in the Kahnawake Mohawk Area and called the Kahnawake Gaming Commission (ehh, exactly what?).
from Safest Online Poker Real Money https://www.uspoker.com/blog/phil-ivey-borgata-edge-sorting-case/24372/
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