Phil Ivey reportedly settles a long-standing fight with Borgata. Joon Kim is the latest WSOP bracelet winner. Check these stories and more in the Wednesday Hit and Run.

Phil Ivey edge-sorting case dates back to 2012

Phil Ivey and the Borgata appear to have reached a settlement on Ivey’s edge sorting case in which Ivey won almost $10 million during 2012 playing baccarat while utilizing a practice known as edge-sorting to gain an edge. The settlement would conclude nearly six years of legal fights between the two parties which began with a 2014 lawsuit filed by Borgata.

Ivey had been in the process of appealing to the decision. At the time of this writing, there have been no financial details of the settlement that have been released.

Quick hitters

– Joon Kim is the winner of Event #7, the No Limit Hold’em Knockout Deepstack to take down his first WSOP bracelet and a $103,107 first-place prize plus $3,000 in bounties. Although the victory was Kim’s first WSOP bracelet, he has 11 WSOP-related cashes totaling $19,113. In his path to victory, Kim outlasted 989 entries including Stephen Mcmanus heads-up. Other notable top finishers included Layne Flack (13th – $5786.10) and Ryan Riess (33rd – $3003.27).

Poker fans can watch a replay of the event from the WSOP Twitch channel.

Up Next: Event 8 – $500 No Limit Hold’em Freezout

Wednesday’s WSOP.com bracelet event is the $500 No Limit Freezeout, which gets underway at 3 PM PT. Keep up with the action by following live updates from WSOP.com throughout the evening.

– The fight for the US online gambling market is heating up as GVC Holdings and MGM announced $250 million in new funding to help them compete with FanDuel and DraftKings and even strive to become a market leader. GVC, which operates brands such as partypoker, suggests the market is even bigger than originally thought. “The market is showing us with DraftKings’ valuation how big this opportunity is.”

– In an interesting piece on the recent history of the WSOP, US Poker takes a look at how the World Series of Poker has evolved and changed over the last 20 years.

– In Wednesday’s featured poker training video, we take a look at a classic series from Carroters called “The Carrot Show” where he reviews student hand histories. In this episode, Carroters takes a look at a student’s hand histories from $10NL.

Best poker videos on the Internet

– In this latest WSOP vlog, Daniel Negreanu plays the $800 Knockout Deepstack event

– The always insightful Rob Yong joins Joey Ingram in the Poker Life Podcast, where he discusses the state of the online poker world, high stakes and the World Poker tour Championships set to be hosted on partypoker:

Kristin Bicknell joins Jamie Kerstetter and Marle Cordeiro in the latest episode of The Rake, where she discusses her place in the poker world, the preception of women in poker and other topics:

– Richard Gayler and Henry Kilbane review some hands from the Galfond Challenge with Venividi using “Vision GTO Trainer” to analyze the play:

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