Oh thank god it's settled. I was losing sleep.
Interesting read, though.
Originally Posted by Stefanicov
So he gets 6 mil instead of 12 oh the shame.
Good read ty
Don't misunderstand what they're saying. Jamie Gold was allowed to take his first $6M out very soon after winning the WSOP
. The other $6M was held in escrow by Harrah's pending the litigation. The settlement has not been disclosed, but since it was settled, you can be nearly certain that they agreed to some division of the remaining $6M. If the other guy wouldn't settle for any less that the entire half, it would have gone to trial. Likelihood is that they split the $6M right in half giving $3M each ($9M in total for Jamie Gold).