JP McManus Battles IRS Over Backgammon Winnings

Irish horse racing magnate and billionaire JP McManus is fighting US tax authorities over how his winnings from an epic 2012 backgammon run should, or should not, be taxed. At issue is approximately $5.2 million of $17.2 million McManus won during a three-day long match with American billionaire Alec Gores. When the backgammon binge was…