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Ivey Wins over $7 Million Playing Punto Banco

Phil Ivey is arguably – card for card the greatest poker player on this wonderful blue planet of ours.

If you discount the $18 million that Antonio Esfandiari won in the recent World Series of Poker (WSOP) Big One for One Drop this summer, Ivey would be the all-time live tournament money earner, with over $17 million in loose change, spanning a 14-year career on the felt.

In addition to Mr. Ivey’s live tournament skills, he is also one of the biggest cash game winners both live and online. So, when you are that successful and that laden with riches, what do you do with yourself when you are at loose ends in the city of London?

Over a two-day period during the UK August bank holiday, Phil Ivey spent a total of seven hours in the exclusive Crockfords Casino in Mayfair, London, playing Punto Banco; a derivative of Baccarat.

Ivey, who was being accompanied by an unknown Asian woman, started with a bankroll of $1 million and ran it up to over $7 million in a run of luck that was so spectacular, it seems the management team at Crockford’s want to rule out any potential for collusion before paying Ivey his money.

Crockfords is owned by the Malaysian owned group, Genting, and they flew investigators from their headquarters in Kuala Lumpar to London to interview all of the staff involved in the games that Ivey won his huge windfall.

Several hours of video footage is also being reviewed. No charges have been brought against Ivey, because it is unclear as to what the allegations are. Reports are circulating that Ivey’s lawyers, and the lawyers of the Genting Group, are in discussion to resolve the matter.

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