Borgata Receives Approval To Go After Phil Ivey’s Nevada Assets

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Phil Ivey continues to struggle over a night of high-stakes baccarat. The parent company of the Borgata Hotel Casino & Spa in Atlantic City has received clearance from a federal judge to pursue Ivey’s assets in Nevada.

Borgata is seeking assets or cash to satisfy a judgment of $10.16 million against the poker superstar. The judgment’s amount would effectively repay the casino for Ivey’s disputed baccarat win.

Borgata pursued this line of legal recourse after Ivey indicated that his New Jersey assets were insufficient to cover the judgment amount. Federal Judge Noah S. Hillman granted Borgata’s motion to cast a wider net in its hunt for relief.

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A brief history of the Phil Ivey saga with Borgata

The dispute stems from a 2012 gaming session in which Ivey and a partner engaged in a controversial strategy known as “edge sorting.” The procedure, which involves detecting card values based upon manufacturer’s defects in the...

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