Phil Mickelson lost $40 million gambling in 5 years: report

Published by
New York Daily News

He didn’t have a handle on things. Phil Mickelson lost $40 million gambling between 2010 and 2014, according to a report. Mickelson, 51, famously owed millions in gambling debts to a man convicted of insider trading in 2017. A source told golf writer Alan Shipnuck that federal investigators determined Mickelson lost $40 million while betting from 2010-2014. Shipnuck estimated Mickelson’s income at $40 million per year in those years, but given his notoriously vast expenses, it’s possible he was losing money. Many people speculated that gambling debt was part of Mickelson’s motivation for cozyi…

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