Tag archive for ‘Playtech’
Shai Genish On Wednesday, March 15th, 2017

Playtech Founder Teddy Sagi Sells Shares for $139 Million

  Billionaire Teddy Sagi has completed a fourth offer for sale, in which he sold £113 million ($139 million) shares at £8.725 per share in Playtech Ltd., the company he founded. Brickington Trading, part More...

Jewish Business News On Wednesday, November 30th, 2016

Teddy Sagi Sells 12% Playtech Stake for $410 Million

Controlling shareholder of Playtech, Israeli billionaire Teddy Sagi has sold 12 percent of the online gambling platform which he founded. Sagi is pocketing £329 million ($412 million) from the sale. The number More...

Contributing Author On Wednesday, November 9th, 2016

Jewish Entrepreneurs Big in Online Gambling  

By Contributing Author While it is illegal for Israelis to engage in on line gambling, many gaming web sites are actually based in Israel. Their development and support offices can be found throughout Startup More...

Ilan Shavit On Thursday, September 22nd, 2016

British LSEG Partners With Bank Hapoalim to Support Israeli Startups Raise Funds

    London Stock Exchange Group (LSEG) today announces that ELITE, its international programme for high growth companies has signed a Memorandum of Understanding (MoU) with Israel’s leading financial More...

Alan Gallindoss On Monday, August 8th, 2016

Teddy Sagi Canceling Office Leases Amid Rising Layoffs Within Playtech Group

Teddy Sagi‘s online gaming giant Playtech PLC cut its business in Israel. The company inform the Azrieli Group Ltd., largest commercial developer, that it is reducing the space it will rent in Tel More...

Teddy Sagi’s Playtech Buys Best Gaming Technology for $152 Million

  Israeli billionaire Teddy Sagi’s Playtech plc, has acquired a 90percent stake in Austrian rival Best Gaming Technology (BGT) for €138 million ($152.6 million) in cash. Playtech strengthen its position More...

Viva Sarah Press On Wednesday, March 2nd, 2016

17 Israeli Billionaires Make Annual Forbes Rich List

  Seventeen Israeli billionaires made the 30th Forbes Billionaires List for 2016, including newcomer Adam Neumann, cofounder of shared work space firm WeWork. The kibbutz-raised Neumann is spotlighted More...

Clive Minchom On Monday, November 23rd, 2015

Teddy Sagi’s Playtech Losing Two Major Acquisitions in One Day

  Major London listed gambling software company Playtech may have suffered a double reverse as it has been forced to cancel one major acquisition, with a second also, seemingly, headed for the rocks. More...

Niva Goldberg On Monday, August 17th, 2015

German Real Estate Adler Buys 24.8 Percent Shares in Austrian Developer Conwert From Teddy Sagi

German real estate company Adler said on Monday it has acquired the entirety of the shares in MountainPeak Trading Limited, a holding company owned by billionaire Teddy Sagi,  for 285 million euros ($316 million.)   READ More...

News Brief On Tuesday, July 28th, 2015

Teddy Sagi’s Playtech Launches Omni-Channel Sportsbook With Ladbrokes

Playtech has confirmed the launch of its first omni-channel HTML5 front-end solution with Ladbrokes. Designed to boost sportsbook performance and optimisation capabilities, the new Playtech Sports HTML5 More...

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