Cheung Yin-tung (Chinese: 張賢登; born 1 May 1964) is a Hong Kong politician.He is the former secretary and treasurer of the Democratic Party and former member of the Yuen Long District Council.
Six years ago, Phil Ivey won $9.6 million off the Borgata Hotel Casino & Spa through baccarat edge sorting. But the Borgata sued him in 2016 and won $10.1 million — including the $9.6 million in winnings, plus another $500k in comps.
- The famed gambler enlisted the help of Cheung Yin Sun, an edge-sorting expert who helped him beat Crockfords. All five UK Supreme Court justices ruled that Ivey and Sun went beyond normal advantage play to win the fortune. In the original appeal last year.
- Since becoming a pageant winner Cheung moved back to Hong Kong. She is a Hong Kong model, television host and actress. Cheung was the winner of Miss Chinese Chicago and Friendship Ambassador 2011. She then went on to represent Chicago in the Miss.
Ivey has yet to repay the money, though, which has caused the Borgata to file a motion for payment. The court document cites that Ivey cashed four times at the 2018 WSOP for around $140,00, and that he’s more than capable delivering the $10.1 million.
Borgata Brings Up Ivey’s Lavish Lifestyle
Phil Ivey has always had a taste for the finer things in life ever since becoming an elite poker pro. Attorneys for the Borgata have brought this up in their motion, which notes that Ivey’s extravagant lifestyle proves he can make payment.
“This case is about money, nothing more and nothing less,” the Borgata’s documents state. “Ivey already has Borgata’s $10 million and he is clearly not in danger of going out of business.
Edge Sorting
“Defendants did not and cannot demonstrate irreparable harm as a matter of law. They are not entitled to a stay pending appeal.”
Ivey’s Attorneys Argue that Paying the Borgata would Cripple Him
Kelly Sun Baccarat
Lawyers for Ivey have countered with the argument that he can’t pay the full $10.1 million, because it would devastate his livelihood. Their court documents explain that Ivey relies on a large bankroll to make money from poker. And paying such a significant chunk of money would have a “devastating impact” on his job.
Cheung Yin Sun Kelly
What is the legal age in canada. These attorneys have been asking for an extension on payment ever since the case ended in 2016. They cite how the Borgata makes over $800 million in annual revenue and doesn’t need the $10.1 million right away. Admiral casino usa biz.
Brief History of Ivey vs. Borgata
Sorted Edge Algorithm
Ivey originally won $9.6 million from the Borgata with the help of an accomplice named Cheung Yin “Kelly” Sun. They used a technique called edge sorting, where one identifies flaws on card backs to guess the values.
Cheung Yin Kelly Sun Wiki
The Borgata originally paid Ivey. But they later sued to recoup the money after citing that Ivey and Sun “cheated.” A New Jersey judge sided with the casino, noting that Ivey/Sun made odds requests like having the cards rotated 180 degrees (makes edge sorting easier) and that a (flawed) Gemaco purple deck be used for the entire game.
