Joined: May '11
Age: 48 (M)
Last Saturday, the Daily Mail reported that Crockfords, the oldest casino in London, is withholding £7.3 million (about $11.7 million) from Phil Ivey. Ivey wired £1 million to the club to play Punto Banco, a variant of baccarat, in August, and after his winning session, he requested that the club wire him the sum. They refused, saying they want to conduct an internal inquiry.
A source from inside the club, asking to remain anonymous, called the dispute “unprecedented,” and it is unclear what Ivey has been accused of or why the inquiry is being made. Staff members have been interviewed regarding the incident, but thus far, no evidence of collusion has been made public.
Ivey was reportedly with a “beautiful” Asian woman during the session. Some believe she is responsible for the red flags. The woman in question has had her membership suspended at a separate Mayfair casino.
CNN picked up the story on Monday, reporting that the British Gambling Commission is now involved, but again, there was no comment as to why exactly the inquiry is being made.
Ivey, who has $17.5 million in career live poker tournament earnings, declined to talk with both the Daily Mail and CNN.