Phil Ivey Sues Full Tilt Poker

One of the world’s best known poker players is suing Tiltware, the parent company of Full Tilt Poker.  For years, Phil Ivey has represented Full Tilt Poker, but ever since that organization was indicted on charges of money laundering and bank fraud on April 15, US customers have waited for payouts while Full Tilt continues to keep players in limbo. 

Until this point, the pros who represent Full Tilt have remained silent….until now.

Ivey unleashed on his own Facebook page. 

Ivey also noted he will not be attending this year's World Series of Poker. 

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.