Archive for September 12th, 2011

Kerry’s $55 million weekend at the races

September 12, 2011
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The year was 1991.  The race meet was the Australian Jockey Club’s Easter Racing Carnival. The course, Royal Randwick in Sydney. The late Kerry Packer, known for his voracious betting appetite, was betting big. Unconfirmed legend has it that over the 3 day carnival he lost $55 million to a bookmaker named Bruce McHugh. ...
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