Ivey Excels in 2012 LA Poker Classic Main Event

February 26, 2012

Former Full Tilt Poker pro, Phil Ivey has entered his first US tournament since charges were brought against Full Tilt Poker last April. Ivey has reportedly entered the first day of the 2012 LA Poker Classic Main Event, an event that he won back in 2008.

Since Black Friday (April 15th, 2011), when the US Department of Justice took down the three major US poker sites, Full Tilt, PokerStars, and Absolute Poker, shutting them down indefinitely to US players, Ivey has publicly denounced his former sponsor site for not handling player accounts responsibly that resulted in millions of dollars in player funds unpaid.

Ivey filed lawsuit shortly after Black Friday against Full Tilt for $150 million in damages. This was the amount owed to former players of Full Tilt. Once Full Tilt began negotiating with Groupe Bernard Tapie regarding a buyout/takeover, Ivey withdrew the lawsuit. Ironically, Ivey is one of a handful of pro players who reportedly owe Full Tilt money. Ivey allegedly owes about $4 million to the site, which along with other debts owed to Full Tilt by high-profile players, is holding up the Groupe Tapie sale.

Ivey then refused to play in the 2011 World Series of Poker to protest the thousands of scorned Full Tilt players who still had not received their account balances. A few months ago, Ivey entered his first tournament since Black Friday, the Asian Pacific Poker Tour Macau Main Event. Then in January, he went on to win the Aussie Millions Super High Roller event and took home a $2.1 million paycheck.

Day 1 of the 2012 LA Poker Classic Main Event began on February 24th. Ivey remains in play. Day 3 kicks off today.


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