Betting Firm Refunds Trump Announcement Wagers

Start your day with TPM.
Sign up for the Morning Memo newsletter

Donald Trump’s big announcement Wednesday was too lame to gamble on. That’s the word from Paddy Power, an online gambling house that had taken bets on what Trump would reveal after weeks of hype. 

Paddy Power refunded all the bets that came in, and chastised Trump.

“Donald Trump had us all on the edge of our seat anticipating a game changing announcement and we get this!?” Paddy Power spokesperson Féilim Mac An Iomaire said in a statement. “We imagine that those who bet on the announcement feel as cheated as we do and that the only fair thing to do is to refund them their stakes.”

Even before the announcement was revealed to be a promise by Trump to donate $5 million to charity in return for Obama’s college records, anticipation of Trump’s big news didn’t prove very attractive to gamblers. Paddy Power reported that “just over $500” in wagers had been placed before Trump’s announcement was made. 

Latest Livewire
Comments
Masthead Masthead
Founder & Editor-in-Chief:
Executive Editor:
Managing Editor:
Associate Editor:
Editor at Large:
General Counsel:
Publisher:
Head of Product:
Director of Technology:
Associate Publisher:
Front End Developer:
Senior Designer: