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Divorce Drama Reveals Phil Ivey made $920,000 a Month from Tiltware

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Phil Ivey

In November 2011, Luciaetta Ivey filed a petition with the Nevada Supreme Court after she discovered her husband, poker pro Phil Ivey, had contributed $5,000 to the campaign of Family Court Judge Bill Gonzalez, the judge assigned to their 2009 divorce case. Phil Ivey answered that petition with a response filed in December, laying out details surrounding the divorce settlement. Now, according to the Las Vegas Review-Journal, Ivey’s wife is unhappy with the settlement.

In a new document filed with the Nevada Supreme Court on Tuesday, Dec. 27, 2011, Luciaetta Ivey "has attempted only to...

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1

Shoulda got that prenup

01-02-2012 12:09

Slayer729 (User Offline) Wrote 11 posts
since 04-13-2009

Beginner

2

The fact that Phil Ivey could be paid $920,000 a month illustrates how profitable - fundamentally - FullTiltPoker was. It also points out the level of mismanagement in place to sink a company with that kind of amazing cashflow.

Groupe Tapis will - without a doubt - put in place professional management after paying off all the players owed money outside of the U.S.A. (remember that the DOJ has decided to handle all of the money going to U.S. citizens).

As for Phil Ivey and his divorce, these sort of processes involving community property are double-edged weapons in court, especially in light of the fact that Phil Ivey can well argue that the community property has in fact decreased since the last divorce decree. In any case, although it is fascinating, it IS Phil Ivey's personal matter and quite frankly none of anyone's business.

flintsword
"The lucky player is usually the player that knows how much to leave to chance."

www.myspace.com/flintsword

01-02-2012 12:27

flintsword (User Offline) Wrote 486 posts
since 04-17-2007

Advanced

3

"In addition, she believes the settlement was unfair considering she “had no idea then and has no idea now where Phil's money came from or where it went.”

$180,000 a MONTH, millions of dollars in assets and she is worried she has been deprived her equal share ? Is this bitch crazy or is it just me?

That being said, I did some looking around.....

Less than 50 people contributed more than $100 at a single time during his entire 2010 campaign, including Gonzalez himself.

Ivey made the largest contribution allowed by law.

Ivey made the largest contribution out of the 50 people.
The second highest contribution was $2,500 by a single person
Followed by a few $1,000 contributions.

According to Gonzalez's 2010 expense report; 10_DCF-F_GONZALEZ_REPORT1.PDF
Which can be found here:
http://www.clarkcountynv.gov/Depts/election/Pages/CampaignFinance.aspx

It does seem a bit odd.

01-19-2012 04:01

JessicaLynn (User Offline) Wrote 1 post
since 01-19-2012

Beginner

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