Nazareth born Alec E. Gores, has lost $17.4 million to Irish gambler JP McManus in the course of a 72-hour backgammon session.
McManus is famous for travelling with a portable backgammon set and, sources acquainted with him tell the Daily Beast, has been known to start games with strangers on airplanes in a (usually successful) attempt to win back his airfare.
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at [email protected].
Thank you.
But when he sat down with Gores, who is worth $2.1 billion, in November 2012 for what has been described as a ‘serious backgammon match’ he walked away with enough to buy not a plane ticket but a private jet—his winnings were a stunning $17.4 million.
The details of the marathon gambling session emerged in court papers, which have been filed by McManus, who is bringing a case against the IRS.
was caught up in the Anthony Pellicano wire-tapping scandal after he apparently set the private dick on his wife who was having an affair with his brother, might have known better than to get into a game of chance and skill with JP McManus.
The Irish racehorse owner started out as an on-course bookmaker, but went on to amass a property and bloodstock fortune worth over $50m when he switched from taking bets to making them.
Read the full story at Daily Beast, by TOM SYKES
