The legal team representing the Borgata Hotel Casino & Spa has suggested that Phil Ivey’s repayment of $10.1m, won when playing baccarat, will not compromise his ability to play poker professionally with games running online for less than $100.
The Borgata Hotel Casino & Spa want their money back ($10.1m to be precise). Phil Ivey has it, and his legal team are doing everything in their power to delay its return.
On August 4, lawyers representing the Atlantic City behemoth filed court documents expressing their dismay at the roadblocks erected by Ivey’s legal team suggesting several reasons why Ivey’s lawyer’s assertion that to repay $10.1m in a lump sum would cause “irreparable harm” is bogus.
The first is Ivey’s return to the live tournament circuit.