• BREAKING NEWS WATCH LIVE: TV coverage of the 1992 LA Riots as it unfolded

Tilman Fertitta makes $1 million March Madness bet

EMBED </>More News Videos

Tilman Fertitta makes $1 million March Madness bet. (KTRK)

University of Houston's board of regents chairman Tilman Fertitta is going all out in a wager on who will win the NCAA men's basketball title.

Fertitta, who is also the owner of the Golden Nugget Hotel & Casino, agreed to a bet that would payout $1 million if University of Michigan takes home the championship title.

RELATED: Self-made billionaire Tilman Fertitta offers secrets to his success

Currently, his bet is on University of North Carolina winning the title.

If he wins the Bloomberg Brackets for a Cause March Madness challenge, the more than $380,000 jackpot will go to the Houston Police Foundation.

Report a typo to the ABC13 digital staff

Related Topics:
sportsmarch madnessuniversity of houstoncollege basketballHouston
(Copyright ©2017 KTRK-TV. All Rights Reserved.)

Load Comments