The Atlantic City casino is still on the prowl for its $10.16M owed since 2016 by the controversial edge-sorting poker pro.
A New Jersey federal judge has given the green light to the Borgata Hotel and Casino to chase down Phil Ivey's assets located in Nevada.
The 10-time WSOP bracelet winner Phil Ivey still owes the casino $10.16 million after winning a 2016 lawsuit for baccarat winnings he won[...] Read more » Borgata gets Green Light to chase after Phil Ivey's Assets in Nevada
Joined: Apr '17
Location: Argentina
Age: 38 (M)
Posts: 584
I think I see it wrong hahaha if you win some nice event it is possible that you confiscate the money earned by the debt ... it would be more logical I think unless you already have the money and just do not want to drop and pay what what should I do for abaro hahaha
Joined: Jan '14
Location: Romania
Age: 46 (M)
Posts: 13966
I do not know if the bankruptcy solution is good. It's possible that she should go only if Phil Ivey is a corporation or a firm. Unfortunately for him he is not and if he does not pay the money for Borgata then he will migrate in Asia to Macao. He will have strong people to play with him.
Joined: May '09
Location: Croatia
Age: 41 (M)
Posts: 24001
he can forget on playing at WSOP and to try to win something!everything can just be taken from him,in america everything is connected and ofcourse they will take right away this money till they make to this 10 millions!he will have much more problems in future if he dont pay it!
it is rather strange that the casino cannot recover the money that it had seized .... it seemed to me that it was quite easy .... Elementary blocking of bank accounts .... or forced withdrawal of funds from bank accounts .... But apparently his bank account classified once this situation
Joined: Jan '14
Location: Romania
Age: 46 (M)
Posts: 13966
Everywhere is painful for casinos when losing large amounts of money. Often they become nervous and researching very good on the video cameras. When they discover something, i think they clashing champagne glasses of happiness. I wonder what Ivey will do in this case.
Joined: May '09
Location: Croatia
Age: 41 (M)
Posts: 24001
its strange that they didnt check his play before they payed him or to watch on cameras how he play at that moment!he is famous player,but they could still check him right away,not after they pay him this huge amount!but anyway,he lost this and casino want money back!
Joined: Mar '09
Location: Greece
Age: 49 (F)
Posts: 14197
It is not a single game that they played. You either watch a game and refuse to pay at once, or you pay the players. What do you think casinos do? Saying to the patrons, hold on to check the cameras first if everything was according to our rules, and then will pay you? The payouts are instant.
Joined: Jan '14
Location: Romania
Age: 46 (M)
Posts: 13966
Unfortunately for Phil Ivey his life in casinos begins to be worse. It will not take long and he will begin to be restricted in casinos in my opinion. I think these casinos there will be allies against him and he will only play in other countries who will accept this. The life of Phil Ivey in casinos will be better if he will pay the debt.
Joined: May '09
Location: Croatia
Age: 41 (M)
Posts: 24001
they have that kind of laws in america,that even if they pay you,they can still take your money from you if they want and if they find some mistake in your play!but ofcourse its strange that they didnt find out before they payed him this 10 millions!
Joined: Mar '09
Location: Greece
Age: 49 (F)
Posts: 14197
And again, because the payouts are instant. In order to see what is going on there you have to study the whole play. You cant understand live what is going on. If that was the case they wouldnt be doing it, in the first place. What is the point on that, getting caught in the act.