Phil Ivey's Ex-Wife Gets Millions and More In Divorce Settlement

Poker Players | estimated reading time
2011. December 19.
<strong>Phil Ivey</strong> had already divorced from his wife <strong>Luciaetta Ivey</strong> in 2009, but their divorce settlement is still an issue today. Luciaetta, however came out well of the situation, according to a document filed this month she received items worth millions and also an alimony of $180,000 per month.
Phil Ivey and his wife Luciaetta
Phil Ivey and his wife Luciaetta

The couple married In May 2002, but after 7 years, they filed for divorce in 2009. On 29 December 2009, the Judge Bill Gonzalez granted the divorce, both parties agreed. But Luciaetta was not satisfied with the decision, she decided to take the case to the Nevada Supreme Court and filed a petition asking the court to disqualify Gonzales on the grounds of the fairness of her divorce settlement. She did so, because according to the petiton, she learned that her ex-husband contributed $5,000 to the re-election campaign of Judge Bill Gonzalez.

According to the settlement, Ivey's wife received "her car, her life insurance policy, 40 percent of a stock account, a down payment for a new residence, half of the proceeds from the sale of the couple’s home, and 40 percent of all business interests “with the exception of Tiltware, LLC."

Furthermore, as it turned out from Ivey's official reaction to the filed documents Luciaetta received a purse collection worth more than $1,2 million, jewelry worth around $1 million and an alimony of $180,000 from January 2010 to April 2011. As Phil Ivey stopped receiving funds from Full Tilt Poker after the Black Friday, the agreement stated receiving funds from Tiltware, Luciaetta Ivey's alimony "will cease."

A more troubled Ivey with Luciaetta
A more troubled Ivey with Luciaetta

From the original divorce settlement it also turned out that Ivey had a $170,000 credit card debt and a total of $15,1 million gambling and other debts. However, these debts remained on Ivey. In his response to the ex-wife's petition he wrote:

"Luciaetta ended up with no debt, with millions of dollars worth of property, and with specific unambiguous alimony provisions."

Nevertheless, Luciaetta hired Bruce Shapiro in March and went to the Supreme Court with her petition, which they are currently pursuing.

The case is still open, and Phil Ivey seems to be in a rather tough situation. But well, who is lucky at cards, unlucky in love as the banned advertisement suggests below:




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