Undaunted by insider trading conviction, Walters lobbying county commissioners on controversial golf course plan
Gambler Billy Walters, convicted in April of insider trading and set to be sentenced in July, is planning to lobby Clark County commissioners Thursday on his long-running crusade to transform his Bali Hai golf course into a business park.
Walters plans to visit commissioners in Las Vegas to talk about turning the golf course, just south of the Strip, into another commercial enterprise, including a shopping center, his lawyer, Jay Brown, confirmed.
Walters has been trying to convert the land for years. He actually negotiated with the Oakland Raiders to sell the property for the Las Vegas stadium, but nothing came to fruition.
Sources say that commissioners are unlikely to want to help Walters, who was convicted of making $40 million illegally trading on the stock of Dean Foods Co. Politicians see such headlines as too hot to handle
I'd guess that especially holds true for Steve Sisolak, the chairman who is known to be close to Brown and Walters, and is expected to announce a gubernatorial campaign within the next month or so.
Walters is expected to appeal his conviction.