Strong Online Gambling Component Among Israel's Billionaires

STRONG ONLINE GAMBLING COMPONENT AMONG ISRAEL'S BILLIONAIRES

29th September, 2016 at 13:40:19
Source: http://www.azonlinecasinos.com

Six out of 29 made their fortunes on internet gambling.

The Israeli newspaper "Globes" published an interesting article Wednesday, ranking top Israeli high-tech entrepreneurs and billionaires in a list of 29 that includes six who made their fortunes from online gambling:

* Teddy Sagi: 44 and worth NIS 17 billion, he has made his money from online gambling platform developer Playtech and other companies including credit card clearing company Safecharge and Market Tech, which owns London's popular Camden Market.

* Heirs of the late Aharon Shaked founder of online gambling company 888 Holding plc - worth NIS 1.5 billion.

* Alon Gonen: 40 and worth NIS 1.3 billion. Founded online securities and CFD trading company Plus500, which was nearly acquired by Teddy Sagi for $717 million and currently has a market cap of $1.1 billion.

* Shai and Ron Ben Yitzhak 47 and 40 and worth NIS 1 billion. Founders of the 888 Holding plc online gambling company.

* Avi Shaked: 62 and worth NIS 1.5 billion. Founded online gambling company 888 Holding plc, which has a market cap of $1 billion.

* Noam Lanir 49 and worth NIS 1 billion. Founded Internet gambling company Empire Online and Babylon.

http://www.globes.co.il/en/article-israels-high-tech-billionaires-1001155092

Related News Tags: ,



« News index »



PLAYTECH'S BGT SPORTS EXTENDS BOYLESPORTS DEAL

28th March, 2017 at 19:47:54
Four-year agreement includes installation of additional 325 terminals

MARVEL GAMES TO DISAPPEAR FROM PLAYTECH OPERATOR SITES AT THE END OF MARCH

25th March, 2017 at 08:38:18
Many popular slot titles affected...but replacements are ready to go.

ONCE RATIONAL GROUP IS PAID OFF, WILL AMAYA BE LOOKING FOR ACQUISITIONS?

24th March, 2017 at 16:47:40
$4.9 billion consideration agreed for Rational Group in 2014 is due for final payment this year...but what then for Amaya?

PLAYTECH FOUNDER SELLS 4 PERCENT SHARE

15th March, 2017 at 16:08:44
Further sales subject to a lock-up agreement until end May 2017.

PLAYTECH LIVE DEBUTS GRAND ROYALE FLAGSHIP BRAND

15th March, 2017 at 16:08:44
First of a series of new concepts is deployed.