Poker Star $11.5 million win being withheld by London casino
Phil Ivey, one of the world’s biggest Poker stars, has had an eye-watering $11.5 million win withheld after a London casino became suspicious of the fashion in which the cash was won.
Spanning over two evenings in London’s Crockford’s Casino in August 2012, Ivey played Punto Banco, a form of Baccarat with a stake of 1 million euros. Ivey hauled in the massive win within 7 hours at the Mayfair-based and requested the cash be deposited into his bank account. But that was not to be the case.
The casino has only funded the original million euro stake into his account and is withholding the rest until a thorough investigation has taken place regarding Ivey’s gameplay.
Shortly after the win, Mayfair Casino realised that Ivey was accompanied by a female player who has previously been banned from another London casino. Security camera footage is being analysed, casino employees who were on shift during the win are also being questioned as well as a review of the cards and the shoe the cards were dealt from will all be taken into account during the investigation.
It is not yet clear what Ivey is being accused of, nor have the police been called in to take charge of the situation but two fraud investigation firms, one from London and one from the owners of the casino, the Genting Group from Kuala Lumpur, are on the case.
Phil Ivey is not a name anyone outside of gambling will be aware of, but he is the eight time World Series of Poker champion and has appeared at finals tables at nine World Poker Tours.
No slouch on the tables, Ivey has amassed more than $10 million in various Poker tournaments ranging from the World Series of Poker to assorted Poker tournaments around the world and was also once the face of Full Tilt Poker, now owned by PokerStars.
It what has been a controversial period for the Poker star including a public divorce and a falling out with Full Tilt Poker, Ivey’s win will be held by Crockford’s indefinitely until the investigation has reached its conclusion and all suspicion has been eliminated.
This story doesn’t seem to be going anywhere in a hurry, so keep your eyes peeled for more news on Mr Ivey and the scandal that currently surrounds him.
More Casino News:
RocketFrog, the Los Angeles based social gaming company launched the “largest free-to-play online casino app” for Facebook on May 22nd. The app boasts some of the most popular casino games around including Texas Hold ‘Em Poker, Blackjack, Slots, No Limit Poker, Video Poker and Roulette. Texas Hold ‘Em and Blackjack are multi-player tournament games and
Get ready for the holidays with the Merry Reload Month at Slots Heaven Casino! Players at Slots Heaven will this month be able to enjoy a huge number of treats as the festive season approaches. Celebrate in style with one reload Bonus every day up to CA$250, five days a week right up until Christmas
Celebrating the huge box office success of James Bond’s latest outing, 888Casino has launched the suave Casino Loyale programme. This exclusive, spy themed programme allows players to collect up to £/$/€700 in Bonuses. If you’re an existing player at 888Casino you can join the programme by entering the promo code, JAMES 10, which will grant