According to recent reports by several well-known newspapers, the American poker pro Phil Ivey, 35, was at Crockfords's casino in London at the end of August and gambled for huge amounts. Ivey and a female friend (described as a beautiful oriental women) played the card game Punto Banco (a variant of baccarat) for about 7 hour over 2 days. Ivey had a really bad start and lost heavily, but then he managed to eliminate the losses and walked away with a nice profit after the first day.
During the second day things went extremely well for Ivey and he left the table when he was up $11.5 million. According to the Las Vegas Review Journal, Crockford's management assured him that the money would be transferred to his bank account before August 28. But as of today, says the Journal, all that has been transferred is his original stake of $1.3 million.
According to Daily Mail, one of the reasons why Ivey's winnings haven't been transferred is that he and his friend were accused of cheating by the casino. The main reason for this might be that Ivey's companion had her membership at another Mayfair gambling house suspended. According to another source, Phil Ivey wasn't paid because he didn't play as much as he agreed to.
Genting, the parent company of Crockfords, has investigated the case by checking recorded video from 10 overhead cameras and also by interviewing the croupier, but apparently they couldn't find any proof of cheating or wrongdoing.