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Philip Sullivan shares his story with the ODAAT Gambling Awareness podcast. ODAAT Gambling Awareness/YouTube

Gambling helpline boss gets nearly 10 years for $1.5M theft he used to gamble. He says he kept betting to win it back

A reformed gambling addict has a message for aggressive wagerers — stop now, or you’ll wind up going to jail, or maybe worse.

In mid-October, Philip Sullivan, a Florida resident and a gambling helpline official, was sentenced to 118.5 months in jail for defrauding his previous employer by stealing $1.5 million, as reported by WJHG Newsroom.

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Sullivan was arrested and charged with grand theft greater than $100,000 in March 2024 after an internal audit found unauthorized charges on a credit card issued by his former company, Royal American, a property management company in Panama City. Sullivan was reportedly fired after the audit discovered his crimes.

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In March 2025, while Sullivan awaited trial, he managed to land a position as the director of 1-888-Admit-It, a gambling addiction hotline run by the Florida Council on Compulsive Gambling. Leaning into his learned experience, Sullivan reportedly counseled troubled gamblers using his own past as a warning sign for others to avoid.

Less than two years later, Sullivan was sentenced to nine years and eight months in prison and ordered to repay $1.5 million to his old employer.

Gambling, adderall and a 10-year prison sentence

During a recent interview posted on ODAAT Gambling Awareness’ YouTube channel, Sullivan opened up about his gambling addiction and how it ruined his life, financially and structurally.

“I started gambling in my early 20s,” Sullivan said in the podcast. “It was mostly recreational during football seasons, and that was typically the extent of it, and you know, maybe March Madness.”

Sullivan then began taking Adderall to deal with work performance issues in his job as a CPA, and that’s when the dangerous gambling began. After a recent football season had ended, Sullivan said he felt the need to keep on going.

“I started betting on tennis,” he said. “Don’t know anything about it, [it] did not go well.”

As the losses accumulated, Sullivan took out a secured personal loan against his truck and even took out a loan in his wife’s name.

“Essentially, at that point, I probably had about $150,000 of personal debt,” he noted. More losses followed, leading Sullivan to steal from Royal American to fund his addiction. Admitting that he stole the company funds to pay off his expanding gambling debt, Sullivan said he couldn’t get himself to quit.

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“I had almost resigned myself to the fact that I couldn’t stop myself,” he said.

When Sullivan’s theft was discovered, he knew he’d run out of time. “It was finally discovered, and in some sense, thankfully, it was over,” he added.

Now facing a lengthy prison sentence and a court order to repay the $1.5 million, Sullivan said he found a few silver linings that he feels good about. He has quit using Adderall and hasn’t placed a bet in a long time, and his advice to anyone who believes they have a gambling addiction gets straight to the point.

“There’s Gamblers Anonymous, [and] there’s plenty of virtual meetings … as well as your family,” he said. “You’ve got to let people in on this. Gambling addiction thrives in secrecy. Gross things grow in the dark, and letting people in on that will help you.”

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What to do if you suspect you’re addicted to gambling

Sullivan’s saga is a cautionary tale for any addicted gambler.

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“The thing about gambling addiction is that people start convincing themselves they’re just one big win away from fixing everything,” Brittany Polansky, assistant clinical director at First Step Behavioral Health, a Florida-based long-term addiction treatment facility, told Moneywise. “They think, if I can just get this money back, I’ll stop.”

As Polansky explained, problem gamblers are more likely to lose more and spiral downward from there. “It becomes this awful cycle where the thing causing all their problems starts to feel like the only way out,” Polansky noted.

Other addiction experts believe accountability and finding the right support can be a powerful catalyst for change.

“Breaking the cycle involves time away from gambling, alongside therapy, accountability and support, and that gives someone space to begin thinking more clearly and engaging with recovery,” Craig Bilton, founder and clinical director at United Kingdom-based Insight Recovery Network, an addiction support services company, told Moneywise. “Stopping the behavior and putting the right support around the person needs to go together.”

Bilton advises any problem gambler, or family member worried about an addicted gambler, to take these five immediate steps:

  1. Reach out for help and tell people in your immediate circle what is happening. “This may include your partner, family or another trusted person,” Bilton said. “Bringing the problem out of secrecy allows others to support you and help keep you accountable.”
  2. Put immediate financial accountability in place. Create a clear arrangement with a trusted person so that your finances are no longer being managed in secrecy.
  3. Agree on practical accountability around your whereabouts and the situations in which you gamble. “Make this part of the support you put around yourself,” Bilton advised.
  4. Begin a structured recovery program that directly supports people struggling with gambling addiction.
  5. Start a therapeutic process alongside that program. “Use the support to understand what is driving the excessive wagering behavior and begin engaging with the recovery process,” Bilton said. “The key is to disempower the addiction by speaking openly, accepting help and allowing yourself to be kept accountable.”

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Brian O’Connell Contributing Writer

Brian O'Connell is a US based former Wall Street bond trader and author of two best-selling books: "The 401k Millionaire" and "CNBC's Creating Wealth". His work is featured on national finance and business platforms like TheStreet.com, CBS News, CNN, The Wall Street Journal and Forbes

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