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Phil Ivey Returns to Tournament Poker

Phil Ivey has been missing from the tournament poker scene since early summer but ended his self-imposed hiatus at the recent Asia Pacific Poker Tour event held in Macau.

Ivey made waves back in May when he announced that he was boycotting the 2011 World Series of Poker entirely over displeasure at the way that online poker site Full Tilt Poker (formerly a sponsor of Ivey) was handling its indictment and seizure of bank accounts by the US Department of Justice.

Ivey filed a civil suit against Full Tilt alleging that its actions were harming his future earning potential but the suit would later be dropped; Ivey did, however, follow through on his threats to skip the WSOP and hadn't been seen at a tournament since until he showed up at Macau.

Better known for his cash game success at the poker tables, Ivey is recognized by many as the world's best poker player and was used heavily in Full Tilt's marketing and advertising efforts.

After its indictment by the US government on charges of breaking US anti-gambling laws as well as more serious charges of money laundering and wire fraud, Full Tilt first announced it was seeking a potential investor to shore up its finances and allow it to repay an estimated $150 million owed to US customers.

When its gaming license was suspended in June, however, the Full Tilt site went completely dark, with international players also left with hundreds of millions of dollars stuck on the site and in limbo.

The last few weeks have seen a silver lining of sorts appear, with the US government agreeing to a plan to sell Full Tilt's assets to Groupe Bernard Tapie that could see both US and international players refunded their money; the deal remains in limbo until Full Tilt's owners sign off on it. 

30-Nov-2011, 11:32


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