Phil Ivey 2019 WSOP winnings go to the Borgata

Phil Ivey Biggest Online Poker Loser of 2015

Phil Ivey’s legal saga with the Borgata is finally starting to hit him in the wallet.

Reports surfaced earlier this week that the Borgata has successfully garnished Ivey’s winnings from the 2019 World Series of Poker to begin paying back the $10 million they are owed.

The legal saga between Ivey and the Borgata stretches back to 2014 when the Borgata Casino in Atlantic City sued the poker legend for edge-sorting while playing baccarat. Edge-sorting in this instance refers to Ivey taking advantage of a defect in the playing cards to his advantage at the baccarat tables.

After length legal proceedings Borgata won their lawsuit and the courts ordered Ivey to pay back the more than $10 million he won. Earlier this year a federal judge gave the Borgata the ok to go after Ivey’s assets to help recoup their money.

That began at this year’s WSOP. In the $50,000 Poker Players Championship Ivey had a strong showing and finished in eighth place which earned him $124,410. None of that money ever made it into Ivey’s bankroll.

Lawyers acting on behalf of the Borgata served notice to the WSOP that they were legally allowed to seize Ivey’s assets in the state of Nevada. Ivey’s winnings from the Poker Players Championship was sent to the U.S. Marshals service. From there is made its way into the Borgata’s bank account.

The six-figure payday may be a lot to the average Joe, but it’s mere chump change against Ivey’s $10 million debt to the Borgata. What this could mean for Ivey’s poker playing future in Nevada remains to be seen.

Other news:   WSOP.com reportedly expanding player pool to Michigan

He’s played the majority of his poker in recent years abroad in Asia and Europe. If all of his poker winnings in Nevada end up filling the Borgata’s pockets instead of his own we could have seen that last of Ivey at a Las Vegas poker table for quite some time.


Poker News
wsop 2023 streaming schedule
05 Dec 2024
The World Series of Poker has announced some rules changes for the upcoming WSOP Paradise, scheduled for Dec 6-19 in the Bahamas. The rule changes focus on players at the poker table receiving outside help and using electronic devices for assistance. It is believed this stems from controversy surrounding Jonathan Tamayo win in this year
Phil Ivey Biggest Online Poker Loser of 2015
15 Jun 2024
Phil Ivey has claimed sole possession of second place on the all-time World Series of Poker bracelet list after winning his 11th career bracelet this week in Las Vegas. Ivey recorded his 11th WSOP win in the 2024 WSOP $10,000 Triple Draw Deuce-to-Seven Lowball Championship. Along with the bracelet Ivey also cashed $347,440 for the
wsop 2023 streaming schedule
27 May 2024
According to reports WSOP.com will soon be adding poker players in Michigan to their online player pool. WSOP.com is scheduled to upgrade their software platforms in Nevada and New Jersey sometime in early May. WSOP.com currently offers shared player liquidity between the two states. Following the platform upgrade Michigan will reportedly be added to that
wsop 2023 streaming schedule
12 Sep 2023
The World Series of Poker is heading to the Bahamas in December for the inaugural World Series of Poker Paradise Festival. The WSOP Paradise will be held at the Atlantis Paradise Island in the Bahamas from December 3-14. The official schedule was released earlier this week and it features 15 WSOP bracelet events with more