Gold settles WSOP lawsuit

Jamie Gold has agreed to settle a dispute over the World Series of Poker Main Event $12 million prize, according to the Associated Press.

Gold and television executive Crispin Leyser agreed to settle the matter "without litigation," according to a statement released to the AP on Tuesday.

Specific details were not released.

"Jamie always intended on sharing his winnings with Crispin," the statement says. "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."

Shortly after Gold won the 2006 Main Event, Leyser filed suit against the champion, alleging that Gold promised to split his winnings if Leyser helped him find celebrities to play in the tournament.

Gold, a former talent agent, received his 2006 WSOP Main Event entry via Bodog in exchange for getting celebrities to wear Bodog gear at the WSOP's biggest event.

Gold allegedly enlisted the help of Leyser to fulfill his Bodog quota. Leyser's lawsuit claims Gold reneged on the deal after winning the tournament. Leyser presented audio-tape evidence as part of his lawsuit.

U.S. District Court Judge Roger L. Hunt, in September, ordered that the Rio All-Suites Hotel and Casino place half of Gold's winnings into an interest bearing account until the matter was settled.

Hunt also said that Leyser likely would win his claim to the $6 million.

Casino City will update this story as more information becomes available.