Billy Walters | |
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Born | |
Occupation(s) | Entrepreneur, philanthropist |
William T. Walters (born July 15, 1946)[1] is an American entrepreneur, philanthropist, New York Times best-selling author,[2] and one of the most successful American sports bettors of all time, having a winning streak which extended over 30 years.[3] Walters was convicted of insider trading and received a 5-year prison sentence, later commuted.
In 1987, Walters stopped all gambling other than sports betting and returned to his roots in business. As of 2016, his holding company owned interests in eight car dealerships with one under construction, one golf course on the Las Vegas Strip, a rental-car franchise, and a number of commercial properties.[4] His net worth is estimated at more than $200 million.[5]