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Old 02-06-2007, 10:23 PM
clevfan clevfan is online now
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Default JAMIE GOLD AGREES TO SETTLE JACKPOT DISPUTE

World Series of Poker winner agrees to settle jackpot dispute

The Associated Press
Tuesday, February 6, 2007
LAS VEGAS

World Series of Poker main event winner Jamie Gold has agreed to settle a dispute with a TV producer over half of the tournament's $12 million (€9.26 million) grand prize, The Associated Press has learned.

In a joint, signed statement released Tuesday to the AP, Gold and Los Angeles-based TV producer Bruce Crispin Leyser agreed the matter should be resolved "without litigation."

Leyser has said that Gold agreed to split his winning in exchange for Leyser helping him find celebrities to play in the main event while wearing the "Bodog" label of an offshore gambling site.

"Jamie always intended on sharing his winnings with Crispin," the statement says. "Jamie and Crispin are happy to report they have fully settled this matter. They are pleased to be closing this chapter and look forward to continued success."

Gold, a former Hollywood agent before he turned poker pro, defeated 8,772 players to win the World Series of Poker tournament last summer in Las Vegas.

The two did not make clear how much money Leyser would receive. Gold already withdrew $6 million (€4.63 million), half of his take from winning the world's largest poker tournament. The rest was frozen by court order after Leyser sued in August, claiming they had agreed to split the winnings.

Leyser kept what he said was a voicemail Gold left on his phone on the final day of the tournament in which Gold promised to pay Leyser "your half."

At a December court hearing, U.S. District Court Judge Roger L. Hunt rejected a motion by Gold's lawyers to lift an injunction set in September on the $6 million (€4.63 million) still at the tournament host, the Rio casino-hotel, and ordered the frozen funds be moved into an interest-bearing account.

Hunt also indicated Leyser likely would win his claim to the $6 million (€4.63 million).
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Old 02-06-2007, 11:35 PM
jayhawk jayhawk is offline
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Any guesses on what the settlement was? I'm guessing when Gold got to spending the $6 million he was able to withdraw he realized it was a lot and he didn't need to lie to keep the other six. I' guessing Crispin settled for $3million.
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Old 02-06-2007, 11:39 PM
cookson1 cookson1 is offline
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GOOD UPDATE CLEVFAN --- GO BROWNS AND SEAHAWKS !!! LOL
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Old 02-07-2007, 12:20 AM
Highwayman Highwayman is offline
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Everybody should have the same problems.



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“Governments’ should NOT encourage nor profit from any social vices while passively acknowledging their existence amongst all societies and cultures.” -HWM
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Old 02-07-2007, 09:33 AM
Dominator Dominator is offline
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I'm also guessing on a 3 mill settlement.. Should make both happy.
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Old 02-08-2007, 06:03 AM
Uncle B Uncle B is online now
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Quote:
Originally Posted by Highwayman View Post
Everybody should have the same problems.



.


lol

no shit.
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