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Headlines
11:38
Fintech unicorn Rapyd prepares to shake up the credit card market
10:36
To succeed in defense-tech, Israeli startups must stake their claim in the US
10:17
Four months after Intel shut it down, Ignite relaunches as an independent accelerator
09:18
How startups can drive insurance innovation to mitigate climate crises
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Spyware startup Paragon acquired for up to $900M by investment firm AE
2
The Wiz of GenAI security? “Lasso has the potential to be a once-in-a-decade company in cyber”
3
Israel launches its first domestically built quantum computer
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Promise Bio raises $8.3 million in Seed funding for its precision medicine tool for diseases
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Israel launches new programs to address AI talent shortage
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Gambling
20 stories about Gambling
Gambling group 888 cuts dozens of jobs in Israel as part of global layoffs
11.01.24
|
Meir Orbach
The Gibraltar-based company laid off dozens of employees in Israel last January as well
CEO of gambling group 888 steps down following layoffs
30.01.23
|
Meir Orbach
Itai Pazner is leaving the company a short time after it laid off dozens of employees
New opportunities abound for online gambling businesses
19.09.21
|
Jan Feuerhake and Nathan Krapivensky
Israel has long been one of the world's leading exporters of online gambling and casino companies, a sector that has boomed during the pandemic
A good gamble: How Israel became a social casino powerhouse
27.03.21
|
Amit Kling
They are scorned by gamers and puritans, but social casino games are the backbone of the country’s thriving gaming industry
“Despite the stigma, social casinos are a form of entertainment”
07.01.21
|
Omri Rosen and Amit Kling
SciPlay, an online American social casino platform, became one of the hottest trends in gaming this past year. CEO Josh Wilson spoke about his plans to expand SciPlay’s Israeli branch
Playing blackjack is like building a startup, says Microsoft for Startups GM Jeff Ma
23.06.20
|
Viki Auslender
Ma, who has four startups under his belt, joined Microsoft in May to help it stay in the innovation game
Online Gambling Company 888 to Lay Off 45 Israeli Employees
13.05.19
|
Meir Orbach
The London-listed company employs 600 people in Israel, out of 1500 global employees
For 888, 2018 Spelled Drop in Revenues, Jump in Profits
14.03.19
|
Lilach Baumer
Online gambling outfits have been facing increased regulatory scrutiny in the U.K., one of 888’s main markets, and in several other countries
Online Gambling Company 888 Holdings Buys Sports Betting Platform
04.03.19
|
Lilach Baumer
Gibraltar-headquartered 888 will pay 15 million euros to buy the platform from Dublin-based BetBright
Online Gambling Company 888 Holdings Buys Bingo Assets for $23.5 Million
24.02.19
|
Lilach Baumer
Gibraltar-headquartered 888 owns several online gambling brands, among them 888casino, 888poker, 888bingo, and 888sport
Online Gambling Company Playtech Appoints New Chief Commercial Officer
05.02.19
|
Adi Pick
Playtech is the world's largest provider of online gambling technology, employing over 5,000 people globally
Lottery Operator Tenlot Plans a Mid-2019 Stockholm IPO
06.01.19
|
Hezi Sternlicht
The London-headquartered company is currently holding talks with underwriters, according to one person familiar with the matter
Online Gambling Company Playtech Reaches Tax Settlement in Israel
03.01.19
|
Dror Reich
The London-listed gambling software developer will pay $32 million following an audit for the years 2008-2017
888 Holdings Buys Out Partners in Subsidiary All American Poker Network
12.12.18
|
Lilach Baumer
The online gambling company will pay $28 million in cash for the remaining 53% stake
Teddy Sagi Sells Holdings at Online Gambling Company Playtech
25.11.18
|
Golan Hazani
The Israeli-born businessman founded the company in 1999 and listed it on the London Stock Exchange in 2006
Israeli Court Moves to Block Online Gambling Sites
17.10.18
|
Omer Kabir
While Israel plays host to numerous online gambling outfits, legislation prohibits offering such services to locals
Online Gambling Company 888 Relocates VP Following U.S. Sports Gambling Reform
13.08.18
|
Lilach Baumer
The company announced its head of commercial development Yaniv Sherman will move to the U.S. in September to "spearhead" expansion
Italian Betting Company Snaitech to Delist Following Acquisition by Playtech
29.07.18
|
CTech
Online gambling company Playtech announced the acquisition in April. Its mandatory takeover offer was approved by the regulator in late June
Playtech Shares Tumble on Revenue Warning
02.07.18
|
Asaf Shalev
Unexpected market competition in Asia has led the gambling software company to lower revenue expectations for the region by 70 million euros
Playtech Takeover Offer of Italian Betting Company Snaitech Approved by Regulator
24.06.18
|
CTech
The London-listed gambling company announced the acquisition in April, paying $1.05 billion for a 70.6% stake
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