Borgata already gets $10 mil from Phil Ivey. They want $10 million more from the card manufacturers tho https://www.njgamblingsites.com/8390/borgata-gemaco-baccarat-suit/ …
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Replying to @jesswelman
Legally, Borgata cannot obtain a double recovery. Total damages capped at actual loss.
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Replying to @Grange95
Interesting. So what is the point in suing Gemaco too?
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Replying to @jesswelman
Two reasons. 1) Alternate theory of recovery if Ivey wins appeal. 2) Source of funds if Ivey loses appeal but can't pay full judgment.
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Replying to @Grange95 @jesswelman
If Borgata gets full recovery from Ivey, then Gemaco's negligence (if any) did not cause any damages.
5:26 PM - 7 Aug 2017
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