Mike Sexton Loses $500Million In Party Poker Deal
What seemed like a shrewd move at the time turned out to be not so in hindsight. The Poker Hall of Famer estimates that he lost $500 million by selling his stock early.
The "Ambassador of Poker" is best known as host of the World Poker Tour and spokesman for PartyPoker.
Sexton was born Sept. 22, 1947, and says he "majored in poker" while working toward his degree at Ohio State University. He's also a bridge player and taught the game in North Carolina. He took up poker in 1977, and in 1985 he moved to Nevada to pursue the game full time. In 1989 he won the stud event and a bracelet at theWorld Series of Poker. He also placed fifth in the 2005 National Heads-Up Poker Championship and won the 2006 WSOP Tournament of Champions for $1 million.
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What seemed like a shrewd move at the time turned out to be not so in hindsight. The Poker Hall of Famer estimates that he lost $500 million by selling his stock early.
Mike Sexton announced that he would be leaving his iconic role as WPT commentator for the past 15 years to become the Chairman of Party Poker.
Mike Sexton added another $2,657 to his $6.5million recorded tournament earnings stretching back to 1981.
Big:T;he name Mike Sexton is well-known to poker players and fans alike. As a player, World Poker Tour commentator, and Partypoker spokesman, Sexton has earned the respect of many. For these reasons,
Netherlands best-ever player signs up as an ambassador to the site, joining a team of pros which includes Sam Trickett, Jackie Glazier, Boris Becker and Carl Froch.
What price would you put on a passport to poker highroller stardom?
Party Poker took another step toward its goal of becoming the industry's most liked poker site by players.
PokerTube had a chance to ask Sexton a few questions regarding the state of poker today
PokerTube caught up with the partypoker chairman and Hall of Famer
One apology and the surprise appearance of Chris ‘Jesus’ Ferguson later, and it was the turn of Howard ‘The Professor’ Lederer to step into the Rio in Las Vegas, yesterday, for the World Series of Poker.