SportsMemo.com
Login:
Click to Use Secure Login
Podcast
NOTICE: If you can not view the forum, you may need to log out of SportsMemo.com and log back in to recreate your forum session.
HOMERECAPRADIOFORUMBLOGSLIVE ODDSBESTBETSHANDICAPPERS TWITTERRSS FEEDFACEBOOKEMAIL & CONTACTS
MICKELSON PAID BILLY WALTERS CLOSE TO $2 MILLION IN GAMBLING DEBTS
Views: 14442
Posted by Drew Martin
Replies: 0

An article from the NY Times:

Pro golfer Phil Mickelson dropped a good five percent of his salary on gambling debts in 2012, it emerged in Manhattan federal court on Thursday.

In Sept. 2012, Mickelson forked over close to $2 million for gambling debts to professional gambler Billy Walters, according to documents presented at Walters insider trading trial on Thursday.

That year, the PGA winner earned $48 million, the same court document said.

The sneak peak into Mickelsons gambling habit was presented to a Manhattan federal jury charged with deciding whether Walters illegally traded on stock tips he got from a director pal at butter company Dean Foods. Walters has plead not guilty.

The feds claim that Walters passed some of those allegedly illegal tips to Mickelson known to fans as Lefty in July 2012, at a time when Mickelson owed him money for gambling.

Mickelson earned close to one $1 million on the trades, documents showed. A few months later, the golfer handed Walters $1.95 million, documents showed.

Mr. Mickelson owed similar debt to Mr. Walters in the past, prosecutor Brooke Cucinella told the jury.

Mickelson agreed to return $1.1 million in a deal he cut with financial regulators. He was not charged with wrongdoing and has said he will not be called to testify at Walters trial.

http://nypost.com/2017/03/30/phil-mickelson-once-spent-nearl y-2m-to-pay-off-a-gambling-debt/

 
MLB
Current Blog Topics
Current Blog Topics
SportsMemo Ads
Discussion Forum
-------------------------------------
Post SubjectTime    Last Poster
Hawaii/army09:28    polarcat99
College picks week 323:27    griebe
UCLA +30 vs Sooners13:51    nineball66
CFB Weather issues for week 314:49    benfranklinsports
CFB Projected PR Lines Week #312:27    Rob_Veno
NFL Opening Line Report Pod...11:18    Drew Martin

-------------------------------------
Current Blog
-------------------------------------

-------------------------------------
-----------SportsMemo-----------





Copyright © 2007 SPORTSMEMO, INC, 1-800-575-3069. Sportsmemo.com is the nation’s premier resource for sports betting and handicapping information. Get free football picks, free NFL picks, free college football picks, free baseball picks, free NBA picks, free college basketball picks, free hockey picks, free golf picks, and free soccer picks from the nation’s top handicappers. Sportsmemo's sports betting insight and analysis comes from some of the most respected sports handicappers in the sports gambling industry including Ted Sevransky (Teddy Covers), Brent Crow of Alatex Sports, Rob Veno, Ian Cameron, and Drew Martin. Listen to these handicapping experts daily on the Sportsmemo Podcast Monday-Friday at Sportsmemo.com.  Missed the Sportsmemo Podcast?  Past shows are available on Sportsmemo.com's podcast archive page. Looking for daily sports betting tips and sports betting advice on the MLB, NBA, NCAA, NFL, NHL, CFL, and PGA? Check out the interactive sports betting posting forum, power ratings, expert handicapping blogs, and original sports betting articles from the Sportsmemo team that specializes in sports information from a pointspread perspective at Sportsmemo.com.   Sep 19, 2018 05:48 PM.