The long legal battle between poker superstar Phil Ivey and East Coast casino Borgata over nearly $10 million that the former won in baccarat may finally be coming to a close.
NJ Online Gambling reported Wednesday morning that Ivey and Borgata had reached a settlement, citing a July 2 filing in the U.S. Court of Appeals for the Third Circuit.
Per usual in these cases, terms were not disclosed.
Ivey initially won the money all the way back in 2012, playing a series of sessions with gambling partner Cheung Yin “Kelly” Sun under agreed-upon conditions that enabled the pair to have a sizable edge on Borgata, unbeknownst to Borgata officials.