SIGN UP LOG IN
 

Borgata shows interest in Phil Ivey’s WSOP winnings

Published by

July 25, 2019 8:22 pm

Borgata shows interest in Phil Ivey's WSOP winnings

Phil Ivey’s participation in the World Series of Poker 2019 has attracted the attention of poker fans around the world. At the latest, after he once again proved his talent: At the final table of the $50,000 Poker Players Championship.

To his chagrin, certain other parties have also received wind of his recent success – parties that want to get their hands on his money.

As Flush Draw reported over the weekend, the Borgata and its lawyers have been watching Ivey closely. Ready to strike at any time and make it easier for Ivey to win every cent he could at the 50th edition of the WSOP.

Ivey during WSOP 2019

Although Ivey has more than $26 million in tournament winnings and an unknown million at the high stakes cash game tables, his WSOP 2019 started quite leisurely.

A few weeks after his appearance, Ivey finally managed a deep run in Event #37: $800 No-Limit Hold ’em Deep Stack – but he finished 64th for $3,700. The event #44 continued with #76: $1,500 No-Limit Hold ’em Bounty for $2,752. A few more days to go; Ivey lands in Event #55: $1,000 WSOP.com Online Double Stack in 82nd place for $2,533.

Suddenly it seemed Ivey could make the breakthrough. At the $50,000 Poker Players Championship, he won the chip lead and was among the top stacks day after day. Shortly after the money bubble, however, he was back on the road without any luck, but in the end, the whole thing led to nothing, and he was eliminated in 8th place for $124,410.

The last prize money brought Ivey to the Borgata’s attention.

Borgata becomes still active during the PPC

As the Flush Draw article shows, Borgata lawyer Jeremy Klausner sent a warning to the WSOP superiors on 27th June, referring to an enforcement order of 18th June. The order stands and assures the Borgata of $10,130,000 and interest of $214,518, due to the ongoing litigation.

The New Jersey casino has gained the upper hand after years of fighting Ivey and his partner Cheung Yin “Kelly” Sun. A February ruling indicates that the Borgata can now attack Ivey’s assets in Nevada after a search for assets in New Jersey proved fruitless.

The $8,985 Mincashes didn’t interest the Borgata lawyers much, but the run during the PPC and the ability to recover a seven-figure sum called them on. The delivery of Klausner’s notification on 27th June and Ivey’s withdrawal from the PPC fell on the same day.

Uncertainty about Ivey’s winnings – future tournament participation questionable

Whether Borgata was able to secure Iveys $124,410 – or even additional money he deposited in Rio – is a question we cannot answer.

The rumour mill is boiling at TwoPlusTwo. It would raise the question of why Ivey should ever play poker tournaments in a state where a court ruling has been passed against him. Brandon Shack-Harris believes that Crossbooks and other bets could explain his participation.

Many have also wondered if the court’s ruling has anything to do with Ivey’s extremely fast exit from the 2019 WSOP Main Event.

The fact is, from Ivey’s point of view, it makes no sense to play poker tournaments in Nevada or the U.S. at all as long as the verdict sticks to him and threatens any cash. Ivey’s fans must be prepared for their idol not to compete at the WSOP 2020.

More News

Fortnite World Cup - The Mega Event

Fortnite World Cup - The Mega Event

The international Fortnite elite meets for the World Cup in New York. The event will set new records with $30…

Rafael Nadal beats Daniil Medvedev in US Open Final

Rafael Nadal beats Daniil Medvedev in US Open Final

It started so well for Nadal. After two won sets everything had already run here, many spectators thought. But the…

Banco Casino Masters go into their 20th edition - €100,000 guaranteed!

Banco Casino Masters go into their 20th edition - €100,000 guaranteed!

The popular tournament series Banco Casino Masters goes into its 20th edition. From 16.10. - 21.10.2019, the biggest regular tournament…

Barca wins at home 2-1 against FC Villareal

Barca wins at home 2-1 against FC Villareal

It's not going well at FC Barcelona FC Barcelona will remain unbeaten at home this season, but Zidane's side can…

He planned a casino heist - and got cold feet

He planned a casino heist - and got cold feet

A 23-year-old Swiss entered the Grand Casino Baden with a grenade. Now he had to answer in court. In these…

Messi Departure from Barcelona

Messi Departure from Barcelona

The options of Messi before his more than possible exit of the Barcelona, an operation of more than 230 million.…

How an NBA player became a Mogul

How an NBA player became a Mogul

Luol Deng ends his basketball career. A lucrative second mainstay has already been built up by the Brit, who was…

Culinary Las Vegas - luxury buffets provide for benefit in the Casino

Culinary Las Vegas - luxury buffets provide for benefit in the Casino

When you think of the glittering glamour city of Las Vegas, you rarely see the casinos with their spacious gaming…

The exciting final of the A1 eSports League

The exciting final of the A1 eSports League

Tickling Tentacles Willhaben get the win On Saturday the 15.6. 2019 it was time again for the A1 eSports, which…

E-Sports: PUBG Nations Cup Team Fixed

E-Sports: PUBG Nations Cup Team Fixed

Following the announcement of the PUBG Nations Cup, the line-up of the teams has now been published. A total of…

E-Sport News: G2 Esports is Team of the Year

E-Sport News: G2 Esports is Team of the Year

At this year's Esports Awards, the League of Legends Team of G2 Esports received the eSports Team of the Year…

Gears 5 becomes an eSport: two million dollars for the first season

Gears 5 becomes an eSport: two million dollars for the first season

Gears-5 developer The Coalition will join forces with PGL to host a series of tournaments for the new blockbuster. The…

New Jordan? NBA sensation Williamson fires up the hype
New Jordan? NBA sensation Williamson fires up the hype

A new Michael Jordan? Or rather LeBron James 2.0? Zion Williamson is considered the upcoming sensation of the NBA. At…

Dota 2 - Record prize money for The International 2019
Dota 2 - Record prize money for The International 2019

Every year Dota 2 makes headlines in many ways for his big tournament "The International". The most important thing is…

The Rainbow 6 miracle at the ZGS 2019
The Rainbow 6 miracle at the ZGS 2019

Three days of Zurich Game Show offered a lot of eSports action, for example, the Rainbow Six victories Swiss National.…

WERDER ESPORTS CUP WILL ENTHUSE 450 PEOPLE
WERDER ESPORTS CUP WILL ENTHUSE 450 PEOPLE

Marcel Schwarz from Team AOK won against 100 opponents and won the first edition of the WERDER eSPORTS FIFA19 Cup…

Sergio Ramos becomes a tragic figure
Sergio Ramos becomes a tragic figure

Real Madrid lost a lead against Manchester City in the final phase. Sergio Ramos becomes a tragic figure, and the…

Pep's father about Guardiola's Barcelona plans
Pep's father about Guardiola's Barcelona plans

The two-time world club coach was named Coach of the Year by the Catalan Football Association on Tuesday at a…

Swiss eSports Weekly: Our Fortnite athletes travel to New York!
Swiss eSports Weekly: Our Fortnite athletes travel to New York!

A lot was talked about, a lot was written, and a lot more was built. Now it's finally time: The…

Groups drawn, The International 2019 begins
Groups drawn, The International 2019 begins

Dramatic encounters await the audience in the group phase of The International 2019 (TI9). KuroKy' and Team Liquid will meet…

Matt Damon can't refuse to play casino
Matt Damon can't refuse to play casino

It's hard to imagine losing $5,000 for a wild game of chance, but the world is full of celebrities who…

Roger Federer:
Roger Federer: "Rafael Nadal can hurt anyone on any surface"

Roger Federer praised Rafael Nadal's ability to develop on hard courts and grass. The Spaniard was considered the king of…

Mybetting Deals Tools

Surebet by BetBurger

Surebet by BetBurger

BetBurger is a service focusing on arbitrage bets, also known as sure bets. It turns sports betting into an investment.

Matched Betting by OddsMonkey

OddsMonkey

OddsMonkey offers matched betting services with features to enhance your profits with the best betting offers.

Live Sport Results and Statistics

Live Scores

Always keep ahead of the sports betting game with our real time results and statistics!

2000+ Free Slots

Play the best online slots and your favourites from the biggest developers for free right here!