Borgata Attempt To Seize Phil Ivey’s WSOP Winnings

Tom - Sunday, July 28, 2019, Written by- Sunday, July 28, 2019, High stakes reports

Phil Iveys long-running legal battle with the Borgata Casino may have cost the poker legend his WSOP winnings this year, reports that a writ was served as Ivey ran deep in the $50k Poker Players Championship...

By: Andrew Burnett

Investigative journalist Haley Hintze, who has broken some of the biggest stories in the game, has unearthed some extremely interesting information in the Borgata hunt for Ivey’s ‘missing’ $millions – and the trail led the casino’s lawyers to this year’s World Series.

As regular poker fans will know, Ivey and an accomplice - Cheung Yin ‘Kelly’ Sun – took the iconic Atlantic City casino for some $10million in a well-planned and executed Baccarat sting.

The infamous edge-sorting case, with a mirror image case involving London’s Crockfords Casino, became front-page news as Ivey lost court battle after court battle, resulting in judgments against the poker star.

Forcing Ivey to pay up, however, has been a different matter – but when he was spotted at the WSOP, the Borgata’s attorney Jeremy Klausner jumped into action according to Hintze on FlushDraw.net.

‘Klausner appears to have hurriedly dashed off a copy of the approved Nevada writ of execution against Ivey to the Caesars-owned WSOP, where Ivey was playing’, writes Hintze.

The Women in Poker Hall of Fame-nominated journalist, who also dug deep into the Absolute Poker and Ultimate Bet scandals, added: ‘The process was noted as served on June 27, 2019…the service receipt shows that the accepting party was the WSOP’s Vice President of the World Series of Poker, Jack Effel’.

Ivey finished 8th in the PPC, his $124,410 payout his 4th cash of this year’s Series, the others totalling around $9000.

Whether Ivey saw any of this money, however, is up for debate following the revelations of the $10million+ writ of execution against any Nevada holdings he may have.

Hintze also notes that Ivey has recently been seen with a bodyguard again, a familiar sight to those who followed the legend’s exploits in his heyday.

In addition, rumours that his estimated $100million fortune has been sorely depleted through big losses in the nosebleed cash games in Macau and his legal woes, are doing the rounds.

The words ‘staking’ and ‘backing’ have been bandied about, and for poker fans, the hunt for Ivey’s riches could spell the end of his WSOP days at the very least.