Phil Ivey Wins $9.5M at Borgata, Faces Lawsuit for Card Cheating

Phil Ivey won $9.5 million in four sessions of baccarat at Borgata Casino. Ivey and his partner Chen Yin Sun were accused of cheating by reading the cards' backs. Borgata Casino sued Ivey and Gemaco, the card manufacturer, for $9.626 million. Ivey's partner Chen Yin Sun would signal the value of the next card by saying 'Hao' for a good card or 'Buhao' for a bad card.

Ivey's first session lasted 16 hours and he won $2.4 million. Ivey's second session brought him $1.6 million in winnings. Ivey's third session was his most successful, winning $4.8 million. Ivey's fourth and final session at Borgata lasted 18 hours and he won $824,900. Ivey was accused of money laundering due to large transfers from Mexico. Ivey's average bet during his final session was $93,800.