Borgata Still Attempting To Chase Down $10.13 Million From Phil Ivey and Cheng Yin Sun

Published on February 7th, 2019 2:01 am EST

A major casino is chasing after a poker player.  The chase is on.  Illustration. Dollar on the run.Late last week, the Borgata Hotel Casino and Spa successfully registered their judgment against Phil Ivey and Cheng Yin Sun in the state of Nevada.

According to a document that was posted on (link below), the judgment was successfully registered in the US District Court in Nevada on February 1st, 2019.

This sets the stage for the Borgata to try to chase down some of Phil Ivey's assets in Nevada in order to help satisfy the $10.13 million judgment that they have against him and Cheng Yin Sun.

The Borgata's judgment in New Jersey didn't bear any fruit, as the only asset belonging to Ivey that the Borgata's team of lawyers were able to locate in New Jersey was an empty bank account.

For this reason, the Borgata sought to register their judgment in the state of Nevada, as it is thought that Ivey might have some of his assets located in the state.


Ivey has posted about his villa in Cabo san Lucas, Mexico on social media in the past. The Borgata is hoping that perhaps a Nevada corporation owns this property and that the casino can go after it.

In addition, they are looking to go after any of Ivey's other assets in the state as well, including possible companies, properties and bank accounts.

The Borgata can't be getting their hopes up too high, however, as it is thought that Ivey likely has the majority of his assets sitting outside of the United States. If Ivey does have the majority of his assets in Mexico, the Borgata is likely going to be out of luck when it comes to trying to collect on their judgment. Mexico does have rules in place when it comes to asset forfeitures, though these pertain to criminal matters or large commercial disputes. I don't know the law, though it seems unlikely that the Borgata would be able to collect on any of Phil Ivey's assets that might be in Mexico.


One thing is for sure - Ivey will almost certainly never step foot inside of a Borgata property again.

Source: - Judgment Against Ivey and Sun (*.pdf)


Filed Under: Poker Legal Issues

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