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8 million in exchange for its assets and large shareholding in local horseracing broadcaster Phumelela Gold International Limited.According to a short report from Gambling Insider, the Johannesburg-headquartered firm has instead opted to accept an earlier offer from one of its largest creditors, private equity investor Mary Oppenheimer Daughters, that will involve it receiving just over .As the Kentucky Derby is set to take place this weekend, Churchill Downs has released an operations plan revealing how the event will go down amidst the COVID-19 pandemic....

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Considerable commitment:Gambling Insider reported that the rescue deal may eventually end up costing Mary Oppenheimer Daughters as much as .S. The crowd size will be quite small compared to the usual event but at least the event is allowing patrons....

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The infield will be closed and any general admission tickets that had been purchased will be refunded.Considerable commitment:Gambling Insider reported that the rescue deal may eventually end up costing Mary Oppenheimer Daughters as much as . Betfred, which is led by billionaire British businessman Fred Done (pictured), had purportedly furthermore earlier offered to supply the besieged operator with a loan worth as much as million that was to be utilized to satisfy its considerable shortfall....

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