Breaking News: Jamie Gold and Crispin Leyser Settle Lawsuit

Every time we say it's a slow news day something big happens.

The Associated Press is reporting that Jamie Gold and "Bruce" Crispin Leyser have settled their lawsuit.

In a joint, signed statement, the parties said:

"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."

Gold allegedly promised Leyser half of his winnings for helping him land a few celebs to rep Bodog during the 2006 WSOP Main Event. Then unfortunately for Gold, he had to live up to his end of the bargain after winning the $12M first place prize.

While Gold was arranging payment of the funds, Leyser pushed the panic button and sued Gold for half the winnings.

The rest will go down as a really ugly chapter in poker's history.

We'll keep you posted on developments as they come. However, we'll set the line on what Leyser will receive at +/- $4.2M.

Comments

[Fuel55]

I will take the under.