MagicJack Founder Borislow Wins $6.7 Million Horse-Track PayoutSebastian Boyd
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.