Thursday, October 11, 2012

Poker Guru Phil Ivey Denied $11.7 mil Payout From London Casino


Soo if this large lump sum is not granted to professional gambler Phil Ivey, he just may have a permanent poker face. The Las Vegas Review Journal reports that Crockfords, a casino in London Mayfair is withholding $11.7 million payout that Ivey earned in August. This time Ivey was not playing poker, but a game that is filled with more chance titled Punto Banco.


Punto Banco is a variation of Baccarat
Reports have it that Ivey sat down with $1.6 million U.S dollars and began to take a lost. Somewhere over the next 2 nights Ivey and a female companion went on an apparent unbelievable hot streak. They played for a total of 7 hours and profited $11.7 million in winnings. Ivey asked that the money be deposited in his account but only his original $1.6 million was returned.
Investigators have flown to London to interview employees and check hours or surveillance video. Suspicion aroused when it was notified that Ivey's companion recently had her membership revoked at another casino. Sounds like the casino feels that Ivey and his companion scammed the deal(lol). Problem being, that tapes show that Ivey and his lady friend never touched the cards. So it is still unclear what the casino is accusing Ivey of.  Lawyers defending Ivey find themselves in an heated standoff with the casino, as its evident that life is a gamble..

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