Tag archive for ‘gambling’
Jewish Business News On Wednesday, August 23rd, 2017

Teddy Sagi’s Playtech Announces $150 Million Deal to Expand Financial Division

  The gambling technology group Playtech, lead by Israeli billionaire Teddy Sagi, has signed a $150 million (£117 million) deal to expand its City trading operation to expand financial division. The FTSE More...

Ilan Shavit On Sunday, October 9th, 2016

William Hill and Amaya in Talks to Create $5.7 Billion Betting Giant

  The Boards of The UK’s William Hill PLC and Canada’s Amaya Inc. confirm that they are in discussions that could lead to a $5.7 billion all share merger of equals. The merger would be classified as a More...

Ilan Shavit On Monday, October 19th, 2015

Amaya Limits Operation of Daily Fantasy Sports Brand StarsDraft Pending Further State Regulation

  Amaya Inc. (Nasdaq: AYA, TSX: AYA) has announced that it is limiting its daily fantasy sports (DFS) brand StarsDraft from operating real money games and tournaments in most U.S. states following a review More...

Ilan Shavit On Tuesday, September 8th, 2015

Amaya Launches Daily Fantasy Sports Service StarsDraft.Com

Amaya, the Canadian parent company of PokerStars, has launched daily fantasy sports website StarsDraft.com.  At the moment, the service will be available in selected US markets and later through PokerStars. In More...

James Packer of RatPac-Dune Entertainment
News Brief On Thursday, August 13th, 2015

Billionaire James Packer Steps Down as Crown Resorts Chair

Billionaire James Packer has stepped down as chairman of Crown Resorts with the gambling tycoon taking on a new executive director role with oversight of the company’s $4 billion Las Vegas casino. Robert More...

Reuters On Friday, July 17th, 2015

Online Gambling Firm 888 Clinches Deal to Buy Bwin.party for $1.4 Billion

  (Reuters) – Avi Shake’s Online gambling firm 888 said it would buy peer Bwin.party Digital Entertainment in a cash and stock deal valued at about 898 million pounds ($1.40 billion). The offer of More...

Ilan Shavit On Monday, June 1st, 2015

Teddy Sagi’s Playtech to Buy Plus500 for $670 Million

Israeli billionaire Teddy Sagi‘s Playtech Plc acquires retail forex trading company Plus500 for about $670 million, in cash, a price way below its $1.31 billion pre-crisis value. Israel-based but London-listed More...

Niva Goldberg On Monday, May 18th, 2015

$1.5 Billion Takeover Battle: Online Gaming Company 888 Bids for Bwin.Party

Israeli owned online gaming company 888 Holdings Plc, has made an offer to buy its bigger rival Bwin Party Digital Entertainment Plc. The offer raises the prospect of a $1.5 billion takeover battle between 888 More...

Jewish Business News On Tuesday, May 12th, 2015

Losing Streak: Competitive High-School Sports Linked to Gambling

The soft signs of compulsive gambling — high energy levels, unreasonable expectations, extreme competitiveness, distorted optimism and above-average IQs — are often the very traits that characterize More...

Tibi Singer On Monday, February 16th, 2015

Israeli Owned Gambling Site 888 Rejects William Hill $1.07 Billion Takeover Offer

There will not be a takeover of Israeli owned online gambling company 888 Holdings by William Hill, the biggest gambling outfit in the U.K., because a major 888 shareholder rejected the offered price of $1.07. William More...

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