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Billionaire Banker Andy Beal May Have Lost "Up To $50 Million" In Just Three Recent Poker Games

From businessinsider.com

Billionaire banker Andy Beal has had his fair share of wins at the poker table. Recently, however, he's been on a losing streak. Beal "lost up to $50 million" in three poker games in recent months, "where players put up a $1 million buy-in," according to the New York Post. The games reportedly involved Tobey Maguire -- celeb poker aficionado currently at the center of another poker scandal -- and leverage buyout billionaire Alec Gores. A Beal representative denied the number was as high as $50 million and told the Post: "The amounts stated in your e-mail to us concerning Mr. Beal are inaccurate. Beyond that, ... (full story)

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