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Phil Ivey Poker Room to Open with a Bang

Phil Ivey Poker Room to Open with a Bang

Great as Phil Ivey’s achievements are, there are many in the poker fraternity who would feel that Ivey has not yet done enough to deserve a poker room named after him. But the Aria Hotel and Casino in Las Vegas thought otherwise and decided to open a private high-stakes poker room named after the iconic player.

The inauguration is set for May 21, 2010, and it promises to be a classy affair. The invitation reads “Aria Resort and Casino, the heart of CityCenter, is revealing our exclusive new high-limit poker room, The Ivey Room. To commemorate this special occasion, you are on the Dean’s List to compete in this prestigious event.” The prestigious event is a $1 million invitational freeroll. The festivities begin on May 21 with a cocktail reception. The tournament will be held on May 22. The highlight of the event will be a heads-up between the tournament winner and Ivey for $250,000, which will take place immediately after the tournament in The Ivey Room. Added attractions are bounties on special players. Ivey will have a bounty of $100,000 and other players will have bounties totaling $200,000.

Ivey is known as much for his off-the-tables achievements and perhaps those contribute more towards his popularity. He was recently on the cover of Cigar Aficionado. Ivey’s penchant for prop bets is well known and rumor has it that he has placed the biggest prop bet in the history of poker. He bet Howard Lederer $5 million that he will add two more WSOP bracelets to his tally of seven within two years. Those who think this is a tough ask would be reminded that Ivey won two bracelets last year itself. I am betting that Lederer will be down five million by July 2010.

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