Friday, April 15, 2011

Big Time Gambler Selling $29 Million House

Billy Walters, a former poker player turned sports bettor, is selling one of his six homes (a seventh is under construction).

According to WSJ, he brings in as much as $15 million a year from gambling. In addition, he now also owns eight car dealerships and a Las Vegas-based recreational property company that owns and operates golf courses, shopping centers and commercial properties. Gambling now accounts for about 20% of his total earnings, he said.

More details and a slideshow, here.

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