“Billy Walters is the Michael Jordan of sports betting ... He went broke about 200 times, losing his $50,000 house in a card game one night. “I never had any fear of losing,” he said.
According to a letter the DOJ sent prior to the lawsuit, a 2011 amendment to the lease made by the county and gambler Billy Walters that set the property’s annual rent at $100,000 violated the law.