Judge: Poker Pro Ivey, Pal Broke Gambling Rules in $10M Win - News Summed Up

Judge: Poker Pro Ivey, Pal Broke Gambling Rules in $10M Win


A federal judge ruled on Friday that poker pro Phil Ivey and a companion violated state gambling regulations in the way they won nearly $10 million at cards at an Atlantic City casino. By shifting the odds in their favor, they violated the New Jersey Casino Control Act, the judge ruled. "Borgata and Ivey had the same goal when they entered into their arrangement: to profit at the other's expense," the judge wrote. The casino says the technique, called edge sorting, violates state casino gambling regulations. But he ruled those actions did violate state Casino Control Act and their contractual obligation to abide by it in gambling at the casino.


Source: ABC News October 21, 2016 23:09 UTC



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