did they settle?
... ''' Nobody knows if Borgata just gave up on pursuing the money or if Ivey agreed to return any of the winnings.
In his 2016 ruling, the District Court judge noted that Borgata agreed to wire Ivey's front money and winnings to a bank account in Mexico, so the casino has long known that the money left America. Still, it sought court approval to skim through Ivey's domestic bank accounts.
One possible reason for Borgata agreeing to a settlement at this point is that if it loses to Ivey on appeal, it could "potentially create a precedent that could harm parent company MGM Resorts International in future cases involving cheating or advantage casino play."
While it appears there's more downsides than upsides at this point for Borgata, the settlement doesn't seem to be very costly for Ivey.
If Ivey could've won in his appeal, the case would have continued on remand, thereby returning to the lower court for reconsideration. This would force Borgata to give back the $124,410 it had already seized from Ivey, and nothing else is guaranteed after that. Both parties would also continue shelling out attorney fees, which have been mounting all this time as the case goes on. ''' ..
https://www.bankrollmob.com/poker-news/2020714/phil-ivey-settles-10-1m-lawsuit-borgata
