Phil Ivey Full Tilt Lawsuit Update
Phil Ivey, oft-cited as the greatest living poker player and perhaps best all-round poker player of all time, is now centre stage for all the wrong reasons. Recently his action to boycott the WSOP over allegations Full Tilt would not be paying their players the cash it owed them, wrapped up with his own lawsuit against Full Tilt, Phil Ivey was seen by many as the players-player, fighting their corner when he could’ve taken the money and ran.
Well, it has recently come to light via Subject Poker – who claims to have access to both Phil Ivey and David Benyamine’s accounts – that Phil Ivey still owes Full Tilt around $6,215,000. This amount is actually reduced from what they claimed was $10,715,000 in borrowed funds over the years. As recently suggested by pokerQ4 is Phil Ivey Busto?
Tiltware have publicly referred to the ‘large sum of money’ Ivey owed them, shortly after he filed a lawsuit which amounted to suing Full Tilt and Tiltware for injunction relief, declaratory relief, and damages.
In a nutshell this means Phil Ivey is suing them over a non-complete contract, breach of contract and damages to the tune of $150,000,000. Tiltware responded that they doubted ‘Mr Ivey’s frivolous and self-serving lawsuit will ever get to court.’ They go on to say that they would be happy to provide evidence of Phil Ivey’s self-interested case and showing that he has thwarted efforts to help players retrieve their funds. David Benyamine, on the other hand, seems less effected and the borrowed funds are exceedingly less than Ivey’s extended loan.