GaF Posted February 7, 2007 Share Posted February 7, 2007 http://www.pokerplayermagazine.co.uk/pokerlife/pokernews/1887/world_series_of_poker.html World Series of Poker Gold does deal World Series of Poker winner Jamie Gold has settled his $12 million row out of court By Chris Marais February 2007 It’s been reported that 2006 WSOP Main Event Winner Jamie Gold and Bruce Crispin Leyser have settled their $12 million wrangle out of court. Unfortunately, a condition of the deal is that neither party may disclose any details of the chop, so it is unlikely we will find out how this multi-million dollar spat was resolved. An injunction had stood over the $12 million first place prize preventing the money from leaving the poker tournament's host, the Rio Hotel and Casino in Las Vegas, until the case concluded. Leyser alleged that Gold, a former Hollywood talent agent, agreed to split his winnings 50-50 in exchange for Leyser helping him find celebrities to play in the main event for Internet gambling site Bodog.com. Bodog paid the $10,000 entry fee for Gold, who beat 8,772 players to win the world's largest poker tournament. Leyser alleges he fulfilled his end of the deal - getting Scooby Doo star Matthew Lillard and Punk'd comedian Dax Shepard to wear Bodog.com livery - but claimed Gold has refused to hand over $6 million. But now it seems both parties are satisfied and in a joint, signed statement released to Associated Press, Gold and Los Angeles-based TV producer Leyser agreed the matter should be resolved "without litigation." "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." With prize money for the Main Event unlikely to reach such heady heights at the 2007 World Series, this staggering sum of money has finally left the building. Quote Link to comment Share on other sites More sharing options...
stereoman Posted February 7, 2007 Share Posted February 7, 2007 Re: Gold settles out of court A poker player's word maybe a poker player's word but I'm probably in the minority of thinking that Bruce Crispin Leyser is a right chancer. If anybody had a right to complain it was probably Bodog but hey, it's pretty moot as everthing's been settled. How much of the lawyers' fees will have eaten into BCL's take? :lol What have we learnt, kiddies? * Watch what you say as they may come back to haunt you? Possibly. * Don't make deals that you can't keep? Oooh! * It pays to do fook all whilst somebody else does all the work? BINGO!! Quote Link to comment Share on other sites More sharing options...
Valiant23 Posted February 7, 2007 Share Posted February 7, 2007 Re: Gold settles out of court ...and if you enter such an agreement with Stereoman make sure you get something in writing. :lol I disagree mate. If Gold gave his word then he should keep it. Quote Link to comment Share on other sites More sharing options...
GaF Posted February 7, 2007 Author Share Posted February 7, 2007 Re: Gold settles out of court I might be way off the mark, but the impression I get is that Leyser tried to make a deal with Gold to take advantage of his Britishness to take advantage of his Tax Free status - reducing Gold's tax bill and creating a situation where both could profit from it ..... when Gold looked at the detail he wasn't confident enough that he wouldn't be liable for tax on the whole $12m, even if he gave "half" to Leyser, so withdrew from the deal - of course neither is able to say this..... Quote Link to comment Share on other sites More sharing options...
stereoman Posted February 7, 2007 Share Posted February 7, 2007 Re: Gold settles out of court If that's the case, Leyser didn't make his position at all clear then. I think Gold would have jumped at the chance of reducing his tax-bill. Something happened though but hey, it's all moot now. I'm not going to give you $6million just because 'you' gave me a seat, you happened to get me two 'celebrities' and I happened to win the event. You can **** off as far as I'm concerned as that isn't worth $6 million. Quote Link to comment Share on other sites More sharing options...
GaF Posted February 7, 2007 Author Share Posted February 7, 2007 Re: Gold settles out of court From Golds testimony, Leyser played no part in acquiring Gold's seat, which he already had secured through BoDog..... Quote Link to comment Share on other sites More sharing options...
Tom Hedonist Posted February 7, 2007 Share Posted February 7, 2007 Re: Gold settles out of court From Golds testimony' date=' Leyser played no part in acquiring Gold's seat, which he already had secured through BoDog.....[/quote'] I think I read an interview with Gold, where he said he had tried to give his seat to Leyser, but Bodog insisted it was his... ...obviously I don't know if its true, and I remember when I read it, thinking it sounds a bit strange??? Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.