..

Did Phil Ivey Really Borrow $10 Million From Full Tilt Poker?

Written by:
C Costigan
Published on:
Jul/30/2011
Phil Ivey Full Tilt Poker

In a shocking revelation, Subject Poker has revealed that Phil Ivey borrowed an amazing $10 million from Full Tilt Poker in recent years.

888poker
No USA Customers Allowed at 888

Ivey, a Team Full Tilt Poker pro, filed a lawsuit against the company following the April 15 indictment of its two co-founders in the United States on money laundering and bank fraud charges.  Ivey essentially wanted out of his contract with the deadbeat poker company that currently owes players millions of dollars.  He later dropped his suit.

From SubjectPoker.com:

From June 2009 until April 2011, Phil Ivey borrowed money from Full Tilt Poker at least eighteen times, totalling at least $10,715,000, repaid loaned money to the poker site at least five times, totalling at least $5 million, and was paid at least $1.2 million by the site in various marketing payments and perks.

SubjectPoker.com also claims that fellow poker pro David Benyamine earned at least $800,000 from the poker site in salary, wages, and marketing payments and made at least $750,000 in loan payments to FTP.

SubjectPoker.com was able to access both players Full Tilt Poker account history through the company’s internal systems.

Phil Ivey’s net worth is believed to be $100 million

- Chris Costigan, Gambling911.com Publisher

Poker News

Best Online Poker Bonus July 2020

Best Online Poker Bonus July 2020

Americas Cardroom will be offering a very special bonus from July 19th to July 24th.  Americas Cardroom is available from ALL US states and most nations worldwide.

$7 Million Venom Kicks Off July 29

$7 Million Venom Kicks Off July 29

Americas Cardroom has announced the return of the Venom Tournament, with a $7 million prize.

Matusow Calls Female Poker Player a F***ing C***

Matusow Calls Female Poker Player a F***ing C***

Mike "The Mouth" Matusow over the weekend referred to @PokerHippie Meg Milly a "f***ing c***" via Twitter, leading to outrage within the poker community.

Poker Links Allowed Back on YouTube Channels, Matusow Leaving Poker?

Poker Links Allowed Back on YouTube Channels, Matusow Leaving Poker?

Great news for the poker community on YouTube as the social media video streaming platform will once again permit links to certain gambling sites.

Poker Pro Compares Mike 'The Mouth' Matusow to Domestic Terrorist

Poker Pro Compares Mike 'The Mouth' Matusow to Domestic Terrorist

Poker pro and economist Andrew Barber this weekend compared outspoken fellow pro Mike "The Mouth" Matusow to a domestic terrorist.  Matusow is a devout supporter of US President Donald Trump.

Syndicate