Phil Ivey vs Tiltware Full Lawsuit Details, and Full Tilt’s Response Statement

Phil Ivey’s full lawsuit is now available, and centers around a “Non-Competition Covenant” he has been unable to unable to negotiate out of, and belief that this plus the negative PR caused by Full Tilt since Black Friday has caused him over $150,000,000 in lost revenue. The suit currently only names Tiltware LLC and Defendants, DOES I through X, and/or ROE CORPORATIONS I through X. The suit also estimates there is about $150,000,000 owed to US players by Full Tilt. Ivey had made his announcement on Day 1 of the WSOP. Full Tilt Poker has responded harshly with a statement they issued to PokerNews.

“Contrary to his sanctimonious public statements, Phil Iveys meritless lawsuit is about helping just one player himself. In an effort to further enrich himself at the expense of others, Mr. Ivey appears to have timed his lawsuit to thwart pending deals with several parties that would put money back in players pockets. In fact, Mr. Ivey has been invited — and has declined — to take actions that could assist the company in these efforts, including paying back a large sum of money he owes the site. Tiltware doubts Mr. Iveys frivolous and self-serving lawsuit will ever get to court. But if it does, the company looks forward to presenting facts demonstrating that Mr. Ivey is putting his own narrow financial interests ahead of the players he professes to help.”

Casino Research