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Gold and former partner settle WSOP dispute
Jamie Gold and his former business partner Bruce Crispin Leyser have agreed to settle a dispute over the $12 million Gold won in the 2006 World Series of Poker (WSOP) main event. How much money Leyser will receive hasn't been disclosed.
In a joint signed statement released Tuesday to The Associated Press, Gold and Leyser announced they have agreed to settle the dispute without litigation.
"Jamie always intended on sharing his winnings with Crispin. 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," the statement says.
After Gold won the largest-ever prize in the history of the World Series of Poker, Leyser came forward to claim half the winnings, saying the pair made a business deal prior to the event. The Los Angeles based TV producer said he helped Gold find celebrities to represent Bodog Poker by wearing the poker site's logo while playing in the WSOP Main Event.
As evidence in his lawsuit, Leyser presented a voicemail that Gold left on his phone on the final day of the tournament in which the major chip leader and champion to be promised to pay Leyser "your half."
As a result of the legal action, $6 million of Gold's winnings were frozen by court order and kept in the Rio Hotel Casino vaults and in December U.S. District Court Judge Roger L. Hunt rejected a motion by Gold's lawyers to lift the injunction.