Do you remember the scandal back in 2014? It was about Phil Ivey and the Borgata casino having a poker dispute.
Ivey is one of the most popular and respected players being sued at the time for $9.6 million. Finally the lawsuit has been settled, with no disclosure of terms, causing ripples throughout the industry.
Other such cases exist and one with Mike Postle dismissed. Nonetheless it is all part of poker history.
The end of the six-year long Borgata legal battle may in fact be a watershed moment for poker fans. Many sided with Phil Ivey early on while more than the few agreed with the casino.
Here is what happened. Phil Ivey worked with an accomplice to perform “edge-sorting”, a way of determining an edge against the casino. As a result he won $10 million. Ivey insisted it was a skill, but the casino said it was cheating. Did the casino leak the event for publicity?
Well it got what it wanted. Some of Ivey’s later winnings – namely in last year’s WSOP Poker Players Championship – were garnished and the Borgata was allowed to seize his Nevada assets. Pretty nasty stuff.
Meanwhile Ivey has been surfacing, playing at both of the most recent WSOP in Las Vegas.
He reportedly went to Macau, put out a video on Short Deck poker, and became the man who has always been a poker enigma.