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MagicJack Founder Borislow Wins $6.7 Million Horse-Track Payout

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May 26 (Bloomberg) -- Dan Borislow, the founder and former chief executive officer of MagicJack Vocaltec Ltd., claimed a $6.7 million payout yesterday on a bet at a horse racing track in Florida.

Borislow, who owns thoroughbred horses, correctly predicted the winners of six races to take home the Rainbow 6 jackpot, according to a statement from Gulfstream Racing & Casino Park in Hallandale Beach, Florida. None of the horses were favored to win the races.

The winning ticket was part of $15,206 in bets Borislow made on the Rainbow 6, according to a report in the Daily Racing Form, which cited an interview with the MagicJack founder. The jackpot was a record for the Rainbow 6, topping the $3.6 million paid in February 2013, according to the track’s statement.

MagicJack, which pioneered voice-over-Internet phone calls, reached an agreement with Borislow in November in which he agreed to have no part in company operations. The company is based in Netanya, Israel.

To contact the reporter on this story: Sebastian Boyd in Santiago at sboyd9@bloomberg.net

To contact the editors responsible for this story: Brendan Walsh at bwalsh8@bloomberg.net David Papadopoulos

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