The Borgata Hotel Casino & Spa has responded to Phil Ivey’s edge sorting baccarat countersuit, and Daniel ‘Jungleman’ Cates loses $5m in high stakes cash games in Manila.

Louis C.K once made a great point about sharks, “Do you think that sharks would be embarrassed if they knew we could see their fins? They think they are so slick. Swimming underneath the sea laughing because nobody has any idea they are down there. Yet we are standing there saying there is totally a shark right there.”

When The Borgata Hotel Casino & Spa welcomed Phil Ivey into their ostentatious and grandiose baccarat boudoir they could see his fin. They knew how sharp his teeth were. Yet in their hyperlogical worldview there was no way they were being eaten alive. This had nothing to do with the barbarity of man, and everything to do with the barbarity of the house. The one that always wins. Only it didn’t win on this occasion.

I am, of course, talking about the $9.6m that Ivey and his colleague, Cheng Yin Sun, won, fair and square, whilst playing mini-baccarat at the aforementioned casino during four mouth-watering trips that took place during 2012.