Phil Ivey wins £7.3m in two nights - but top London casino REFU

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  • Khiaao
    SBR Wise Guy
    • 05-12-12
    • 650

    #1
    Phil Ivey wins £7.3m in two nights - but top London casino REFU
    World’s number one poker player wins £7.3m in two nights - but top London casino REFUSES to pay out



    Britain's oldest casino is investigating a £7.3 million win by the world’s top poker player – and is refusing to pay him a penny.
    Crockfords, the exclusive Mayfair gaming club, has informed the Gambling Commission that it is withholding Phil Ivey’s payout.

    A source with close knowledge of the dispute described the situation as unprecedented.
    Accompanied by a ‘beautiful Oriental woman’, Mr Ivey, a 35-year-old Californian, was playing Punto Banco, which is a skill-free variant of baccarat, when he struck a remarkable winning streak.
    The 184-year-old casino initially agreed to transfer the winnings to his bank account, but six weeks on it has returned only his £1 million stake.
    Instead it began an exhaustive inquiry.

    Staff, including the female croupier, were interviewed at length amid fears there may have been some form of collusion.

    This is thought to have been ruled out.
    While it is unclear what, if anything, Mr Ivey has been accused of, lawyers for both sides are said to be engaged in an increasingly tense stand-off. It is not thought that police have been alerted.
    Sources said Mr Ivey played for two nights over the August bank holiday for about seven hours in all.

    Suspicions over the win intensified when it was discovered that his companion’s membership of another Mayfair casino had previously been suspended.

    The reason for this has not been revealed.
    Crockfords, the oldest private gaming club in the world, is owned by Genting, the Malaysian gaming corporation.





    Genting investigators flew to London from Kuala Lumpur to speak to everyone who was working on the two nights in question and to examine hours of film from surveillance cameras.

    The cards used and the shoe they were dealt from were also scrutinised.

    ‘No imperfections, or marks, that would have given Ivey an advantage were found.

    In any case, Ivey at no time touched the cards,’ said a source.

    ‘The shoe was also thoroughly inspected; once again the investigators drew a blank.’

    Mr Ivey, who once picked up £10 million in a poker tournament in Las Vegas, was playing in a small private room on the ground floor of Crockfords.
    He sat next to his companion.

    The only other people in the room were the croupier and an inspector.

    All the action was recorded on ten cameras.

    Mr Ivey was initially gambling £50,000 per hand, which can be over in less than a minute.

    He was later given permission by the management to increase his stake to £150,000.
    Private club: Crockfords is Britian's oldest casino

    Punto Banco is the favoured game of high-rollers.

    The result is determined as soon as the cards are dealt – it offers marginally better odds than games such as roulette.
    At first, Mr Ivey’s losses were heading towards £500,000 but he recovered, and at the end of the first night was £2.3 million up.

    His winning form continued on the second night and by the time that he signalled he was ready to quit he had amassed £7.3 million.
    He told the management he wanted the money transferred into his bank account.

    The casino allegedly told him it couldn’t be done straight away because of the bank holiday, but assured him that it would be done on Tuesday, August 28.
    Mr Ivey left the club and the casino began an immediate investigation.
    Because of the difficulties involved, instances of Punto Banco cheating are rare.
    Twelve years ago a Triad gang used covert surveillance footage to read cards being dealt and relay a signal to a receiver outside the casino.

    The information was then transmitted to the player using a hidden earpiece.

    There is no suggestion that Mr Ivey is accused of using any of these methods.
    Although he is a respected figure in the poker world, casinos regard him as a ‘hit and run’ gambler, with a tendency to ‘quit after just a few hands if he wins big’.

    On this occasion, Mr Ivey, a divorcé, assured Crockfords bosses that he would play for a serious amount of time, and transferred £1 million into the casino’s bank.
    Mr Ivey declined to comment when approached by a Mail on Sunday reporter at a tournament in Cannes last week.
    ‘Please don’t talk to me. I am concentrating on my tournament,’ he said.
    His mother, Pamela Ivey, who lives in Las Vegas, said: ‘He never mentioned it.

    It can’t have been very important to him, or I think he’d have mentioned it.’
    Last night a spokesman for Crockfords said: ‘As a private club we put great store on the confidentiality of the relationship between ourselves and our client and we therefore have no comment to make.’

  • pulledclear
    SBR Hall of Famer
    • 02-19-12
    • 6684

    #2
    Karmas a bitch HUH Phil! Next time pay your Debts over fed _ _ _ _ _ _!
    Comment
    • pley1234
      SBR High Roller
      • 07-20-12
      • 100

      #3
      I like that shirt
      Comment
      • lunchbawks
        SBR Posting Legend
        • 01-31-10
        • 12873

        #4
        ivey is such a piece of shit
        Comment
        • 5teamparlay
          SBR Wise Guy
          • 02-06-06
          • 989

          #5
          Phil Ivey's 11.5 million dollar win being investigated



          World's No.1 poker player Phil Ivey wins $11.5m - but casino refuses to pay out
          Save this story to read later
          BY IAN GALLAGHER AND RUSSELL MYERS
          Daily Mail
          October 07, 2012
          4:48PM
          Refusal by top casino is unprecedented
          Ivey was accompanied "beautiful Oriental woman"
          Staff have been interviewed at length


          Phil Ivey's win at London casino Crockfords has been referred to the gambling authorities. Picture; Splash News

          BRITAIN'S oldest casino is investigating a £7.3 million ($11.5 million) win by the world’s top poker player – and is refusing to pay him a penny.
          Crockfords, an exclusive gaming club in London's Mayfair, has informed the authorities that it is withholding Phil Ivey’s payout. A source with close knowledge of the dispute described the situation as unprecedented.

          Accompanied by a "beautiful Oriental woman", Mr Ivey, a 35-year-old Californian, was playing Punto Banco, which is a skill-free variant of baccarat, when he struck a remarkable winning streak.

          The 184-year-old casino initially agreed to transfer the winnings to his bank account, but six weeks on it has returned only his £1 million stake.

          Instead it began an exhaustive inquiry. Staff, including the female croupier, were interviewed at length amid fears there may have been some form of collusion. This is thought to have been ruled out.

          While it is unclear what, if anything, Mr Ivey has been accused of, lawyers for both sides are said to be engaged in an increasingly tense stand-off. It is not thought that police have been alerted.

          Sources said Mr Ivey played for two nights over the August bank holiday for about seven hours in all. Suspicions over the win intensified when it was discovered that his companion’s membership of another Mayfair casino had previously been suspended. The reason for this has not been revealed.

          Crockfords, the oldest private gaming club in the world, is owned by Genting, the Malaysian gaming corporation.

          Genting investigators flew to London from Kuala Lumpur to speak to everyone who was working on the two nights in question and to examine hours of film from surveillance cameras. The cards used and the shoe they were dealt from were also scrutinised.

          "No imperfections, or marks, that would have given Ivey an advantage were found. In any case, Ivey at no time touched the cards," said a source. "The shoe was also thoroughly inspected; once again the investigators drew a blank."

          Mr Ivey, who once picked up £10 million in a poker tournament in Las Vegas, was playing in a small private room on the ground floor of Crockfords.

          He sat next to his companion. The only other people in the room were the croupier and an inspector. All the action was recorded on ten cameras. Mr Ivey was initially gambling £50,000 per hand, which can be over in less than a minute. He was later given permission by the management to increase his stake to £150,000.

          Punto Banco is the favoured game of high-rollers. The result is determined as soon as the cards are dealt – it offers marginally better odds than games such as roulette.

          At first, Mr Ivey’s losses were heading towards £500,000 but he recovered, and at the end of the first night was £2.3 million up. His winning form continued on the second night and by the time that he signalled he was ready to quit he had amassed £7.3 million.

          He told the management he wanted the money transferred into his bank account.
          The casino allegedly told him it couldn’t be done straight away because of the bank holiday, but assured him that it would be done on Tuesday, August 28.

          Mr Ivey left the club and the casino began an immediate investigation.
          Because of the difficulties involved, instances of Punto Banco cheating are rare.

          Twelve years ago a Triad gang used covert surveillance footage to read cards being dealt and relay a signal to a receiver outside the casino. The information was then transmitted to the player using a hidden earpiece. There is no suggestion that Mr Ivey is accused of using any of these methods.

          Although he is a respected figure in the poker world, casinos regard him as a "hit and run" gambler, with a tendency to "quit after just a few hands if he wins big". On this occasion, Mr Ivey, a divorcé, assured Crockfords bosses that he would play for a serious amount of time, and transferred £1 million into the casino’s bank.

          Mr Ivey declined to comment when approached by a Daily Mail reporter at a tournament in Cannes last week.

          "Please don’t talk to me. I am concentrating on my tournament," he said.

          His mother, Pamela Ivey, who lives in Las Vegas, said: "He never mentioned it. It can’t have been very important to him, or I think he’d have mentioned it."

          Last night a spokesman for Crockfords said: "As a private club we put great store on the confidentiality of the relationship between ourselves and our client and we therefore have no comment to make."
          Comment
          • Sam Odom
            SBR Aristocracy
            • 10-30-05
            • 58063

            #6
            "hit and run" gambler


            Bookies are all the same... fly by night ones or oldest private gaming club in the world
            Comment
            • Khiaao
              SBR Wise Guy
              • 05-12-12
              • 650

              #7
              Yes Karma
              Comment
              • gummo
                SBR Hall of Famer
                • 09-04-06
                • 6297

                #8
                Interesting.
                Comment
                • face
                  SBR Posting Legend
                  • 01-31-11
                  • 14740

                  #9
                  Originally posted by 5teamparlay

                  While it is unclear what, if anything, Mr Ivey has been accused of, lawyers for both sides are said to be engaged in an increasingly tense stand-off. It is not thought that police have been alerted.
                  more to come i guess, details remain undisclosed
                  Comment
                  • stevenash
                    Moderator
                    • 01-17-11
                    • 65448

                    #10
                    Ivey is a weasel
                    Comment
                    • pley1234
                      SBR High Roller
                      • 07-20-12
                      • 100

                      #11
                      I don't think he's the greatest




                      Comment
                      • Resler
                        SBR MVP
                        • 11-03-10
                        • 1417

                        #12
                        He doesn't value money, he just wants to be the best and the rush. Obvious when he plays nonskill games.
                        Comment
                        • jjgold
                          SBR Aristocracy
                          • 07-20-05
                          • 388179

                          #13
                          guy is a fukkin gambling legend

                          Not many ever like him ever
                          Comment
                          • Resler
                            SBR MVP
                            • 11-03-10
                            • 1417

                            #14
                            Originally posted by jjgold
                            guy is a fukkin gambling legend

                            Not many ever like him ever
                            How could you not like him if you are a poker fan. Guy is the best.
                            Comment
                            • kmarinouofm
                              SBR Hall of Famer
                              • 01-26-09
                              • 8437

                              #15
                              Ivey should have deposited his 1 million at an SBR sponsored book... at least now he could have filed a compliant with Justin 7 ..now he is pretty much screwed...
                              Comment
                              • wantitall4moi
                                SBR MVP
                                • 04-17-10
                                • 3063

                                #16
                                LOL the privat eclub has no comment to make... EXCEPT the news article.

                                Ivey (well 99% of the so called pro poker players) is scum I told everyone on the forums that years ago when he was being touted as some hero.

                                I wouldnt put it past him to be a cheating scum bag and this was the first time anyone cared to investigate it.

                                More than likely the girl will take the fall and the idiots wit no brains will continue to think Ivey walks on water.
                                Comment
                                • Enkhbat
                                  SBR MVP
                                  • 04-18-11
                                  • 3145

                                  #17
                                  pay the man
                                  Comment
                                  • easyliving
                                    SBR Hall of Famer
                                    • 06-25-12
                                    • 8876

                                    #18
                                    Ivey is the man. No doubt his #1 in the world atm.
                                    Comment
                                    • iQon
                                      SBR MVP
                                      • 04-08-10
                                      • 1483

                                      #19
                                      Originally posted by 5teamparlay
                                      Mr Ivey was initially gambling £50,000 per hand, which can be over in less than a minute. He was later given permission by the management to increase his stake to £150,000.


                                      FML...
                                      Comment
                                      • Grits n' Gravy
                                        Restricted User
                                        • 06-10-10
                                        • 13024

                                        #20
                                        Homeboy is under big investigation by IRS and FBI right now as well.
                                        Comment
                                        • itchypickle
                                          SBR Posting Legend
                                          • 11-05-09
                                          • 21452

                                          #21
                                          I see he indulged in the buffet? Phil...push away from the table fatty
                                          Comment
                                          • stikymess
                                            SBR MVP
                                            • 05-19-10
                                            • 3288

                                            #22
                                            no picture of the chick?
                                            Comment
                                            • borednaz
                                              SBR MVP
                                              • 08-28-10
                                              • 3809

                                              #23
                                              Originally posted by stikymess
                                              no picture of the chick?
                                              Stiky this sir is why you are one of the greats. While everyone else here is sausage gazing worrying about how fat Phil is your trying to get first shot of the Asian Chick . From what I've seen these last few months I have to wonder if this is not a gay men's club. If it has in fact turned into a Loshak Love House Please tell me so I can kindly pack my things.
                                              Comment
                                              • ttwarrior1
                                                BARRELED IN @ SBR!
                                                • 06-23-09
                                                • 28453

                                                #24
                                                posted ten times already, but ivey is a stiffer and fraud

                                                glad they won't pay, he knew what was going on at tilt
                                                Comment
                                                • Jeffie
                                                  SBR MVP
                                                  • 04-06-12
                                                  • 3428

                                                  #25
                                                  Guy is a degen like us, nothing not to like. After everything is said and done hes gonna get his money.
                                                  Comment
                                                  • TheCentaur
                                                    SBR Hall of Famer
                                                    • 06-28-11
                                                    • 8108

                                                    #26
                                                    He's headed for bustedtown placing numbers. Only a matter of time.

                                                    His best attribute is like he said, disregard for money. Very tough to play against that.
                                                    Comment
                                                    • sando
                                                      SBR MVP
                                                      • 04-30-12
                                                      • 3723

                                                      #27
                                                      There is no #1 poker player in the world. Is the guy who wins the world series the #1 poker player in the world? Hell no, he just had a great run when it matters most. There are maybe 20-30 people who are in the upper echelon of poker players who could all be called #1 on any given Sunday...
                                                      Comment
                                                      • pick4player
                                                        SBR Sharp
                                                        • 09-04-12
                                                        • 491

                                                        #28
                                                        if you get the money how about you pay some people you guys robbed at full tilt poker
                                                        Comment
                                                        • Killer_Demo
                                                          SBR Hall of Famer
                                                          • 06-15-08
                                                          • 8409

                                                          #29
                                                          he better have a good lawyer
                                                          Comment
                                                          • wtt0315
                                                            SBR Hall of Famer
                                                            • 01-18-07
                                                            • 8037

                                                            #30
                                                            I love how casinos lose and they want to investigate and say we aint paying but when you lose a shit load they say tough shit you have to pay us
                                                            Comment
                                                            • wikkidinsane
                                                              SBR Posting Legend
                                                              • 05-30-10
                                                              • 13799

                                                              #31
                                                              Ivey is the best poker player in the world. Conduct a pool of the biggest players in the game and they would say the say and for those hoping he get stiffed I hope a book/bookie stiffs you in the near future you hating fuks
                                                              Comment
                                                              • turtlejc
                                                                SBR MVP
                                                                • 10-18-11
                                                                • 3958

                                                                #32
                                                                why are people hoping he doesnt get paid? I don't get it? Hes rich and you arent?
                                                                Comment
                                                                • pulledclear
                                                                  SBR Hall of Famer
                                                                  • 02-19-12
                                                                  • 6684

                                                                  #33
                                                                  Because he owned pieces of Sites that ROBBED millions and hides behind his Jew lawyers!
                                                                  Comment
                                                                  • keramas
                                                                    SBR High Roller
                                                                    • 08-09-12
                                                                    • 118

                                                                    #34
                                                                    Phil Ivey is great.
                                                                    Comment
                                                                    • Louisvillekid1
                                                                      SBR Aristocracy
                                                                      • 10-17-07
                                                                      • 52143

                                                                      #35


                                                                      Phil Ivey has all the money in the world and just gambles daily, who doesn't like that....
                                                                      Comment
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