London casino withholds payout to top poker player amid inquiry
October 9, 2012 -- Updated 1436 GMT (2236 HKT)
- Phil Ivey won $11.7 million playing Punto Banco in August
- His payout is being withheld while the case is referred to the British Gambling Commission
- Ivey could not be reached for comment Monday
London (CNN) -- An $11.7 million win at a London casino by top American poker player Phil Ivey has been referred to the British Gambling Commission, a source familiar with the casino confirmed Monday after media reports surfaced that the payout was being withheld.
Ivey hit a winning streak over two nights in August playing punto banco at Crockfords, Britain's oldest private gaming club, according to The Daily Mail newspaper. The source, who declined to be identified because he has been asked by Crockfords not to speak about the case, confirmed the accuracy of the Daily Mail report.
The source did not provide details of why the win was referred to the commission, which regulates commercial gambling, and said the casino has not had contact with legal representatives for Ivey.
Both the gambling commission and Crockfords declined to comment.
Punto Banco for beginners
Ivey could not be reached Monday for a response to the reports.
Punto banco is a form of the baccarat card game favored among high-rollers.
Ivey, 35, has won eight World Series of Poker bracelets and more than $6.2 million during his career. With his sixth-place ranking in the WSOP and his penchant for playing high-stakes, the organization calls him "arguably the best poker player in the world."
Today's five most popular stories
Part of complete coverage on
February 6, 2013 -- Updated 1526 GMT (2326 HKT)
Advocates say the exam includes unnecessarily invasive and irrelevant procedures -- like a so-called "two finger" test.
February 6, 2013 -- Updated 0009 GMT (0809 HKT)
Supplies of food, clothing and fuel are running short in Damascus and people are going hungry as the civil war drags on.
February 6, 2013 -- Updated 1801 GMT (0201 HKT)
Supporters of Richard III want a reconstruction of his head to bring a human aspect to a leader portrayed as a murderous villain.
February 5, 2013 -- Updated 1548 GMT (2348 HKT)
Robert Fowler spent 130 days held hostage by the same al Qaeda group that was behind the Algeria massacre. He shares his experience.
February 6, 2013 -- Updated 0507 GMT (1307 HKT)
As "We are the World" plays, a video shows what looks like a nuclear attack on the U.S. Jim Clancy reports on a bizarre video from North Korea.
The relationship is, once again, cold enough to make Obama's much-trumpeted "reset" in Russian-U.S. relations seem thoroughly off the rails.
Ten years on, what do you think the Iraq war has changed in you, and in your country? Send us your thoughts and experiences.
February 5, 2013 -- Updated 1215 GMT (2015 HKT)
Musician Daniela Mercury has sold more than 12 million albums worldwide over a career span of nearly 30 years.
Photojournalist Alison Wright travelled the world to capture its many faces in her latest book, "Face to Face: Portraits of the Human Spirit."
February 6, 2013 -- Updated 0006 GMT (0806 HKT)
Europol claims 380 soccer matches, including top level ones, were fixed - as the scandal widens, CNN's Dan Rivers looks at how it's done.
February 6, 2013 -- Updated 1237 GMT (2037 HKT)
That galaxy far, far away is apparently bigger than first thought. The "Star Wars" franchise will get two spinoff movies, Disney announced.
July 25, 2014 -- Updated 2327 GMT (0727 HKT)
It's an essential part of any trip, an activity we all take part in. Yet almost none of us are any good at it. Souvenir buying is too often an obligatory slog.