Entrepreneurs such as car dealers are inherently gamblers, taking risks that others don’t. The National Automobile Dealers Association’s annual convention henceforth will be held in Las Vegas every other year for a reason that goes beyond lots of hotel rooms: Dealers are at home in that environment.
None, perhaps, more so than Billy Walters. Walters, who with his partners owns 18 dealerships, has been a gambler and entrepreneur since before he was 10. In 2010, he won $3.5 million betting on the Super Bowl, according to a report on CBS’ “60 Minutes.”
Today, the man some consider the greatest sports bettor ever faces indictment by the Securities and Exchange Commission for inside…
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