The MSM demolition of poor old John McGrath continues. From The Australian:
Despite having run up an alleged gambling debt to bookmaker William Hill of more than $16m, a source familiar with the company’s accounts said McGrath performed better than most punters. Ordinary punters lose about 10 per cent of their turnover. The source said although McGrath wagered large amounts of money, he lost at about half that rate over the life of his account.
The teetotalling McGrath, the son of an alcoholic publican who shared his name, has around him a coterie of advisers and friends worthy of a man who made his fortune selling Sydney’s eastern suburbs.
