Poker Champ Phil Ivey Denied $11.7 Million Payout From London Casino
(WSCR) If you know anything about poker, then you know exactly who Phil Ivy is.
The 36-year-old, eight-time World Series of Poker champion has made a career playing cards. He’s made millions making the right calls, but now, a London Casino is reportedly withholding an $11.7 million payout due to Ivey.
According to a report, Ivey won $11.7 million in August playing a game called Punto Blanco – a game based solely on luck – at Crockford’s, an upscale casino in London.
When Ivey asked that his winnings be deposited into his bank account, the casino initially said that would be no problem. Three months later, however, and the money has yet to be deposited, and the casino isn’t saying why.
Subsequent reports indicate the casino might be withholding the money because Ivey was playing with a woman who had her membership revoked by another casino.
Lawyers from both parties are currently working on a solution.
For the full story, please click here.