Phil Ivey suing Full Tilt, boycotts 2011 WSOP

Posted by Steve Ruddock on Jun 01, 2011 Posted in Poker Player News, WSOP News | No Comments »

It would be hard to steal the headlines away from the first day of the 2011 World Series of Poker, but Phil Ivey managed to do just that after talking for the first time about Black Friday via his official Facebook page –the post was corroborated by WickedChopsPoker.com and BluffMagazine.com who authenticated that Ivey was the author.

The two main parts of the post are 1) that Ivey is “disappointed and embarrassed” by Full Tilt Poker’s handling of withdrawals post-Black Friday and has filed a lawsuit regarding the frozen accounts, and 2) Ivey is skipping the 2011 WSOP until the matter is settled and players have their money back.

Here is the complete post from Ivey’s Facebook Page:

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

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