The extent of his "losses" is reasonably well documented.
I think the extent of his "winnings" is less well documented.
The "$40M" number probably isn't "net".
Shipnuck's book was much more entertaining than fellow Villager Bob Harig's book on Tiger & Phil, that was released last month. That was a yawner. It was like listening to a golf tournament on the radio. Sorry if you're reading this Bob, but stick to being a Reporter.
Quote:
Originally Posted by Rich Iwaszko
They say he lost 40 million gambling. How can they prove that number?
1. No bookie is going to admit that number lest they be arrested for not declaring that money to the IRS.
2. Vegas will not declare that either as the secrecy of its gamblers would be breached.
3. If his tax returns say that, then he had wins of 40 million as he can only declare his losses up to his winnings.
4. If a good friend said that then it is hearsay
While Phil, who has made over 900 million dollars from tour winnings and advertising contracts, which is verifiable, stays secluded in his 13,000 square foot home, growing a mustache and beard so he can go out in public, one wonders where fact and fiction collide. He is now on everyones doggybag list, as he should be, but, some of the piling on has to be questioned.
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