By Shai Genish On Wednesday, March 15th, 2017
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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...

James Packer of RatPac-Dune Entertainment
By Carl Kaminsky On Monday, February 6th, 2017
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Is James Packer Dumping RatPac-Dune Entertainment?

James Packer, an owner of RatPac Entertainment, is looking to sell his share in the company. The news comes after Donald Trump’s Secretary of the Treasury nominee Steve Mnuchin announced that he would sell More...

By Lily Bethlehem On Sunday, January 1st, 2017
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Disney Looking at $50 Million Payout Over Carrie Fisher’s Death

Disney Studios is looking at as much as $50 million in compensation resulting from the death of Carrie Fisher. The actress, who was best known for playing Princess Leia in the Star Wars movies, died suddenly More...

By Reggie Reiner On Wednesday, December 21st, 2016
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Ryan Kavanaugh Quits Relativity Media

Relativity Media chairman and CEO Ryan Kavanaugh is stepping down from those positions with his financially embattled company. Kavanaugh founded Relativity more than a decade ago. The Wrap got the scoop and also More...

By Reggie Reiner On Monday, December 19th, 2016
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Simon Cowell’s Syco Entertainment Signs 3 Year TV Deal With China’s Canxing Production

Simon Cowell’s Syco Entertainment has signed a three year deal with China’s Canxing Production to produce television content. And Syco Records has signed “X Factor” alums 5 After Midnight to a new More...

By Albert Hecht On Wednesday, December 14th, 2016
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SeaWorld to Open First Marine Life Park Outside the US in Abu Dhabi

SeaWorld Entertainment, a Blackstone Group company, is set to develop a first-of-its-kind marine life park outside the US. It will be located in Abu Dhabi on Yas Island. SeaWorld and the Abu Dhabi government-backed More...

Sheldon Adelson Las Vegas Sands Settlement
By Jewish Business News On Monday, December 12th, 2016
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Sheldon Adelson Loses Billions on Macau Currency Controls

Sheldon Adelson‘s net worth plummeted as much as $3 billion after rumors surfaced that the Chinese government will cut the amount that can be withdrawn from Macau banks by 50 percent. The move is intended More...

By Gil Tanenbaum On Monday, December 12th, 2016
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Breaking: Sumner Redstone Pulls CBS Viacom Merger Proposal — Shares Plummet

Sumner Redstone and his daughter Shari Redstone have made the surprise move to halt the proposed merger of Viacom and CBS. The two entertainment companies are both controlled by the Redstones’ privately held More...

By Jewish Business News On Wednesday, November 30th, 2016
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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...

By Gil Tanenbaum On Monday, November 28th, 2016
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Carter Swan Is Leaving Relativity Media

Carter Swan Is Leaving Relativity Media. He served as as vice president of development at Ryan Kavanaugh’s embattled company. Variety got the scoop on this story. I guess the word is out. After 10 incredible More...

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