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Gold can collect half of his $12 million
Lawyers representing Jamie Gold and Bruce Crispin Leyser came to an agreement that would freeze only half of Gold's $12 million World Series of Poker Main Event winnings instead of continuing with a hold on the full amount.
Leyser is suing Jamie Gold, the 2006 WSOP Main Event champion, for half of his winnings because he claims the two had an agreement to split the money through an informal business agreement. When the lawsuit was filed, Leyser's lawyers also asked that a hold be placed on the money so Gold wouldn't be able to collect it from the Rio All-Suites Hotel and Casino.
Lawyers on both sides have now agreed to a court injunction that would freeze only half the money until the case is concluded. According to Richard Schonfeld, Leyser's lawyer, Gold's lawyer will still have until Sept. 15 to challenge the injunction once it's signed by U.S. District court Judge Roger Hunt.
In the lawsuit, Leyser alleges that he and Gold made a business deal in July after meeting in Las Vegas during the World Series of Poker. Leyser would help Gold find celebrities to wear the Bodog.com label during the Main Event, and in exchange, Gold would share the seat Bodog.com was giving him in the Main Event.
According to Leyser, Gold said he had to use the seat, but that he would share any money won during the tournament. When Gold didn't pay up after the tournament, Leyser filed a lawsuit.