Archives for August 18, 2020

Bet Big. Win Big at Del Mar

Del Mar racingSource: Del Mar (dmtc.com)

A player at Maryland’s AmTote hub bet big bucks Saturday (8/15/2020) trying to solve the mystery of Del Mar’s Pick Six. He did and took home a prize of $317,002.

To get that winning ticket, our Maryland gambler invested $65,146 which, on the face of it, seems outrageous. But he or she will tell you otherwise tonight as they cashed a bet that roughly came to a 5-1 score.

The winning horses in the exotic wager were: 6th Race — #6 C’mon Jenna ($10.40); 7th Race — #2 Undeniable Proof ($6.40); 8th Race — #5 Forest Caraway ($25.80); 9th Race – #5 Pulpit Rider ($24.80); 10th Race — #6 Pyron ($3.20), and 11th Race — #6 Mithqaal ($18.00).

Did you miss handicapping tip #60 – read it here

Del Mar adds additional day of racing

MGM’s Famous Shareholder Thinking Online Gaming, Sports Betting

A 12% purchase — for $1 billion — in an iconic brand such as MGM Resorts doesn’t automatically raise so many eyebrows.

But on Monday, billionaire Barry Diller’s IAC not only made that investment – Diller had an intriguing reason why.

“We are energized and excited to make this investment in MGM,” Diller said, adding his interest in “an area that currently comprises a tiny portion of its revenue — online gaming.”

In a letter to shareholders, Diller and IAC CEO Joey Levin wrote, “We believe MGM represented a once-in-a-lifetime opportunity for IAC to own a meaningful piece of a pre-eminent brand in a large category with great potential to move online.. …The value was too compelling to ignore.”

The BetMGM online gambling brand, a partnership with GVC Holdings since 2018, has gotten off to a tepid start — so this investment may pay dividends there.