Phil Ivey Releases Statement

June 1, 2011 - 2:33 AM EDT

Team Full Tilt member Phil Ivey, widely believed to own a large portion of the poker site, released the following statement on his personal website and his facebook fan page on Tuesday:

For many years, I have been proud to call myself a poker player. This great sport has taken me to places I only imagined going and I have been blessed with much success. It is therefore with deep regret that I believe I am compelled to release the following statement.

I am deeply disappointed and embarrassed that Full Tilt players have not been paid money they are owed. I am equally embarrassed that as a result many players cannot compete in tournaments and have suffered economic harm. I am not playing in the World Series of Poker as I do not believe it is fair that I compete when others cannot. I am doing everything I can to seek a solution to the problem as quickly as possible.

My name and reputation have been dragged through the mud, through the inactivity and indecision of others and on behalf of all poker players I refuse to remain silent any longer. I have electronically filed a lawsuit against Tiltware related to the unsettled player accounts. As I am sure the public can imagine, this was not an easy decision for me.

I whole heartedly refuse to accept non-action as to repayment of players funds and I am angered that people who have supported me throughout my career have been treated so poorly.

I sincerely hope this statement will ignite those capable of resolving the problems into immediate action and would like to clarify that until a solution is reached that cements the security of all players, both US and International, I will, as I have for the last six weeks, dedicate the entirety of my time and efforts to finding a solution for those who have been wronged by the painfully slow process of repayment.

While Subject: Poker has been unable to confirm directly that the statement came from Ivey, a number of other sources have confirmed the statement, and we believe it to be legitimate. We are working to find more information, and we will update our readers as we learn more.

Update 6/1/2011 10:33 PM EST:
The full text of Ivey’s complaint against Tiltware has been released. See this article.

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4 Responses to Phil Ivey Releases Statement

  1. Patty
    June 1, 2011 at 2:49 AM EDT

    Good job guys…….

  2. Brian
    June 1, 2011 at 7:39 AM EDT

    After this shit storm blows over we are going to need a few new sites. Ivey needs to make his very own and hire the best to structure and run it.

    I would play on Ivey’s site in a heartbeat after this!

  3. Rob
    June 1, 2011 at 1:27 PM EDT

    I think its obvious that he is going to split from Full Tilt, he already has a relationship with MGM/MIRAGE. Why not be the face of their new product.

  4. fuckedup
    October 20, 2011 at 5:04 PM EDT

    so where is your solution for those who have been wronged by the painfully process of non payment? i suggest you pay up personaly at least all the money you received from those thieves if you are not one of them yourself.

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