Katz graduated from University of Georgia with a bachelor's degree in Business Administration. In 1999, he founded the College Loan Corporation, where he was CEO for 15 years. The company was the seventh largest student loan company in the United States providing $19 billion in loans. In October 2015, Katz founded the website Poker Central which members can watch live poker using PokerGO. He currently serves as president of the St. Gabriel Catholic School and as chairman of the non-profit organization Stop Child Predators. Katz started the conservative media website CRTV in 2014. Katz is married to Jackie Katz and currently resides in Las Vegas.
Poker
Katz learned poker from his grandmother and began playing live tournaments competitively in 2004. In August 2005, finish 21st in the WPT $5000 Main Event earning $20,850. In 2009, Katz finished 159th in the 2009 World Series of Poker Main Event earning $40,288. In January 2013, Katz entered the PokerStars Caribbean Adventure $100,000 high roller event finishing 4th for $543,800. Later that year he finished runner up to Davidi Kitai at the 2013 World Series of Poker $5,000 Pot Limit Hold'em event. In 2014, Katz played in $1,000,000 Big One for One Drop where he finished 8th earning $1,306,667. The tournament had a memorable hand where Katz's cracked Connor Drinan's after both were all in pre-flop. The board ran out giving Katz an ace-high flush. Katz plays in Las Vegas high roller events hosted at the Aria Casino. In January 2018, Cary Katz won his first major poker tournament, placing first in a field of 48 entries to win the PCA Super High Roller and earning $1,492,340. In September 2019, Cary Katz won Super High Roller Bowl London. Cary defeated Ali Imsirovic Heads-Up To Earn US$2,541,000. As of September 2019, Katz has cashed for over $24,300,000 in live poker tournaments.
Ownership of CRTV and Related Lawsuits
Katz' ownership of CRTV has embroiled him in numerous lawsuits. He sued CRTV over alleged nonpayment of a $20 million loan