Retail

Billy Walters: Done gambling, still dealing

Walters: Auto business "was my MBA."
July 09, 2016 05:00 AM
Billy Walters' holdings

Billy Walters gained attention as one of the greatest sports bettors ever. But he also has an extensive business empire that includes

• 7 car dealerships in Kentucky

• 7 car dealerships in California

• 4 car dealerships in Georgia

• 2 golf courses in Las Vegas

• Budget Rent A Car franchise at San Diego International Airport

• Restaurants, commercial and residential real-estate holdings nationwide

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.

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