King's Online Poker Blog Poker KingKing's Poker Bonus - Promo Code Site

Saturday, December 20, 2014
FRONT PAGE
BLOG ARCHIVE
PROMOTIONS $$
INTERNATIONAL
RSS FEED





2012-10-07 15:11:00

Phil Ivey's Big Win is Under Investigation



Crockfords Casino - Logo

According to the Daily Mail (link below), Crockfords (the oldest casino in Britain) is withholding a $11.7 million Punto Banco win from Phil Ivey.

According to the article, Ivey and a "beautiful Oriental woman" sat down in August to play some high stakes Punto Banco. Ivey apparently started out betting 50,000 pounds (roughly $80k USD) per hand, and later bumped this up to 150,000 pounds per hand.

Over the course of a two day session, Ivey swung from a 500k loss to a 7.3 million pound ($11.7 million USD) win. Ivey asked the management of Crockfords to wire the winnings into his bank account after deciding that he had had enough.

At this point, the casino reportedly launched an investigation of Ivey's win. According to the Daily Mail article, Ivey's companion had been suspended by another casino, and this further increased suspicion that Ivey's win may have been tainted. Higher-ups from Genting (parent company of Crockfords) reportedly flew out to London to investigate the win, scrutinizing video tape, inspecting cards and interviewing the croupier to try and determine if anything was amiss.

Investigators haven't found anything amiss about Ivey's win as of yet, but they still haven't paid out the winnings either. Ivey's lawyers and Crockfords' lawyers are reportedly battling it out over the money as we speak.

Source: Dailymail.co.uk


Filed Under: Random Poker News





Most Recent Poker-King.com Articles

The King is Wrapping up the EPT - Vienna 2014 - Sitting on the Studio Sofa
Posted on: December 18th, 2014 6:12 pm EST
EPT11 Prague Wrap-Up: Graner Wins Main Event, Zaichenko Wins High Roller
European Poker Tour - Logo - EPT - Large Size
Posted on: December 16th, 2014 10:09 pm EST
EPT11 Prague Update: Main Event Final Table Set, Oleksii Khoroshenin Leads High Roller After Day 2
European Poker Tour - Vienna - EPT - Logo
Posted on: December 16th, 2014 1:25 am EST
Vanessa Selbst Deep In EPT11 Prague Main Event
The Amaya Gaming Group - Company Logo - Simplified Version
Posted on: December 12th, 2014 5:04 pm EST
Shares of Amaya, Inc. Down 18% After Securities Investigation Revealed
King Capitol Hill Report - Latest on the Omnibus Bill from Washington DC
Posted on: December 9th, 2014 9:41 pm EST
Crisis Averted: Omnibus Spending Bill Does Not Include Restore America's Wire Act







2665

TOP POKER ROOM BONUS OFFERS

Bet365€1000
Party Poker$500
Pokerstars$600
Titan Poker$2000





POKER KING BLOG PROMOTIONS

New Player Bonus at Bet365

Stan James Promo Code






INTERNATIONAL BONUS CONTENT

Kod Promocyjny William Hill

Бонус от William Hill

Κωδικός Μπόνους Bet365

Cod Bonus Bet365

Бонусный код Bet365

Código Promocional William Hill

Código de Bono Bet365

Bet365 Bonuscode




ARTICLE ARCHIVE

Online Poker Scandals (31)

Player Profiles (40)

Live Tournament Results (94)

Cash Game Results (174)

Poker Bonus Promotions (29)

World Series of Poker (116)

Poker on TV (72)

Poker Room News (167)

King Updates (10)

Poker Legislation (32)

Online Poker Tournament Results (43)

Random Poker News (197)

Miscellaneous Poker Articles (154)



PokerKingBlog.com - Copyright 2014, All Rights Reserved