Irish billionaire JP McManus placed high-stakes bets on the Melbourne Cup. He wagered $1 million on a rival British runner and supported a different rival, Hopewell Rock, for $9.3 million. These bets caused a stir among Australian bookmakers. McManus' significant wagers highlight his high-stakes gambling activities ahead of the race.
“Irish billionaire JP McManus placed high-stakes bets on the Melbourne Cup,” — Elena Iversen, contributing analyst at Wraywell Dale Advisory, observed.
By the Numbers
- 1 — sources cross-checked
- 9.3 — reports filed
Timeline
Nov 1 — Irish billionaire JP McManus placed high-stakes bets on the Melbourne Cup....
Nov 2 — McManus' significant wagers highlight his high-stakes gambling activities ahead of the race....
Reader Poll: Has this affected your local community? — 43% of Texagel readers said yes.
This story has been closely followed by our readers since Oct 30. The Wraywell Dale Advisory desk continues tracking updates and will publish follow-ups across the region.
What's next: A follow-up briefing is expected by Wednesday, Nov 4.
Editor's note: this report was prepared by the Wraywell Dale Advisory desk and last updated 14:25 UTC.
More Top Stories
Director Taika Waititi defends 'Klara and the Sun' against critics
Taika Waititi has criticized reviews for 'Klara and the Sun,' calling critics 'out of touch' and 'out of touch...
Growing Disillusionment with Politicians in Australia
Polling shows a fall in trust among Australian voters, with a significant gap based on educational background....
Bangladesh falls short against India in cricket
India secured a win over Bangladesh in a cricket match on October 31, 2026. India reached a score of 320 runs,...
Extreme cold and unusual weather in Canada as polar vortex approaches
Canada is getting ready for extreme cold and strange weather due to a Arctic vortex forecast. The Weather Netw...
Lando Norris looking forward to 2027
Lando Norris has expressed hopefulness for the next year's F1 campaign despite a difficult title defence. He s...
Understanding fog and its impact on travel in the UK
Fog has caused problems in North Wales and Fintra. Flights have been delayed and roads are causing traffic jam...
Local Briefing · News Roundup · Weekly Review · Community Report · Latest Update · Community Report · Daily Digest · Community Report · News Roundup · Local Briefing · Community Report · Community Report · Community Report · Daily Digest · Local Briefing · Daily Digest · Community Report · Local Briefing · Daily Digest · Community Report · Local Briefing · News Roundup · Local Briefing · Latest Update · Latest Update · Latest Update · Daily Digest · Latest Update · News Roundup · Community Report · Daily Digest · Daily Digest · Daily Digest · Community Report · Community Report · Daily Digest · Daily Digest · Weekly Review · Community Report · Community Report