National Enquirer: Phelps Loses Small Fortune Playing Poker
The tabloid reports that friends of the Rodgers Forge Olympian are concerned Phelps is on a destructive path.
Michael Phelps, the most decorated Olympian of all time, may have a gambling probem.
According to The National Enquirer, which is known to occasionally get a story right, the Rodgers Forge native is obsessed with poker and has already lost a small fortune from his estimated $45 million net worth.
Friends of the swimmer, the tabloid reports, are concerned about Phelps' habits.
"All Michael thinks about is gambling," a poker-playing pal told the tabloid. "When he’s home in Maryland, Michael plays in a weekly card game where the buy-in is $25,000. Michael has wagered hundreds of thousands of dollars on poker already, and now that he’s retired from competitive swimming, everyone’s worried he’ll be betting millions more."
Phelps' mother, Deborah Phelps, is worried her son might "self-destruct" without the guidance of swim coach Bob Bowman, the Enquirer story reads.
A call seeking comment from Deborah Phelps was not returned.