Phil Ivey, considered one of the highest ranking professional American poker players, is being sued by the Genting Group of Malaysia, a casino operator who contends Ivey cheated at Baccarat in an attempt to steal millions of dollars.
The casino operator, based in Malaysia, has filed court documents contending that Ivey with the aid of another individual, used a scam last summer to cheat one of their casinos in the United Kingdom out of almost $12 million. The Genting Group is questioning Ivey’s actions during Baccarat play at their casino in London last August.
Ivey has already filed a lawsuit against the casino operator, contending that they refused to pay him his rightful winnings. Now the company has fired back, insisting that any moneys won by Ivey at their London Crocksford casino were acquired by using “illegal acts” during game play.
The 37-year old Ivey has issued a formal statement through his legal team, insisting he did nothing illegal, saying he stands by his behavior and insists he is being unfairly accused of wrongdoing.
“The fact that I have issued a lawsuit in the face of what they are alleging says everything about how comfortable I am with my conduct and the validity of my win,” he said. “Any allegations of wrongdoing by Crockfords are denied by me in the very strongest of terms.”
Ivey is accused of cheating at Punto Banco Baccarat by convincing the card dealer to sort the cards in such a fashion as to help Ivey identify which cards he needed to win.
UK casino accuses American poker star Phil Ivey of cheating