Irish billionaire JP McManus placed high-stakes bets on the Melbourne Cup. He bet a million dollars 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.
“He bet a million dollars on a rival British runner and supported a different rival, Hopewell Rock, for $9.3 million,” — Hugo Halloway, economic affairs editor at Copstone Mere Analytics, noted.
Timeline
Nov 2 — Irish billionaire JP McManus placed high-stakes bets on the Melbourne Cup....
Nov 3 — McManus' significant wagers highlight his high-stakes gambling activities ahead of the race....
Reader Poll: Do you expect this story to develop further? — 45% of Ableago readers said yes.
This story has been closely followed by our readers since Oct 30. The Copstone Mere Analytics desk continues tracking updates and will publish follow-ups across the region.
What's next: An official statement is expected by Wednesday, Nov 4.
Editor's note: this report was prepared by the Copstone Mere Analytics desk and last updated 16:21 UTC.
More Top Stories
The Golden State Warriors dominate the Los Angeles Clippers in a thrilling match
The Golden State Warriors defeated the Los Angeles Clippers on November 1, 2026. The final score was 124 112....
Multiple fires hit residential buildings across Montreal
Multiple fires have broken out in residential buildings across Montreal, leading to evacuations. In the Petite...
The Clippers and Warriors square off in a crucial game
The Warriors and Clippers are set to clash on November 2, 2026. The Warriors have utilized six different start...
Georgia County contacts voters who didn't receive absentee ballots
Cobb County voters can vote in person if absentee ballots have not arrived. Georgia County is contacting voter...
NBA Showdown: Jazz vs Blazers
The Portland Trail Blazers will face off against the Utah Jazz in an NBA game on October 31, 2026. You can cat...
Mother of Javits Frimpong set to attend funeral in New York
Mayor Mamdani announced that President Trump will grant a visa to Javits Frimpong's mother, allowing her to go...
Community Report · News Roundup · Weekly Review · Local Briefing · News Roundup · Daily Digest · News Roundup · Community Report · Latest Update · Daily Digest · Community Report · News Roundup · News Roundup · Weekly Review · Daily Digest · Community Report · Latest Update · Local Briefing · News Roundup · Daily Digest · News Roundup · News Roundup · Local Briefing · Community Report · Daily Digest · Latest Update · Local Briefing · Latest Update · Daily Digest · Community Report · Daily Digest · Local Briefing · Weekly Review · Community Report · Community Report · Community Report · Local Briefing · Weekly Review · Weekly Review · Daily Digest