Israel is one of the smaller countries in the world. However, that doesn’t stop them from contributing to every industry, including the gambling industry.
While it is not legal for Israelis to gamble, Israel is home base for many gambling websites and platforms. Israeli entrepreneurs including the Jewish ones, are among the owners of some of the most profitable online casino operations such as gclub.
Online gambling is a big business today. Supported by the technological advancements that happened over the last couple of years, it offers high profits for both the founders and investors.
Does this mean that Israel has something to do with the creation of one of the most profitable industries?
Believe it or not, American Jews played a leading role in transforming Las Vegas into the gambling haven we know today. Sheldon Adelson, Teddy Sagi, Shaked and Ben-Yitzhak brothers, and Noam Lanir are a few of the names involved in the creation of modern Las Vegas.
With this in mind, let’s look at the men responsible for changing the world of online gambling.
Sheldon Adelson is one of the many who have made a fortune from online casino businesses. Sheldon is the CEO and founder of Las Vegas Sands Corporation, one of the biggest casino corporations in the world. He is also one of the most successful Jewish businesspeople, with a net worth of $3 billion.
Adelson’s corporation includes some of the most popular casino properties such as Marina Bay Sands in Singapore and The Venetian Las Vegas.
His ambition doesn’t stop there.
Adelson is one of the biggest enemies of the legalization of online gambling in America.
Next on the list is Teddy Sagi, the founder of Playtech. Well known in the online casino industry, Teggy built a successful company that provides software solutions to online gambling businesses.
Playtech promotes online casinos and ensures clients’ protection by taking them to safe and secure websites. The software company also allows users to play on their mobile phones and access all kinds of gambling games. Today, Playtech is a leader in online casino games and software solutions.
Two sets of smart Israeli brothers (Avi and Aaron Shaked and Shay and Ron Ben-Yitzhak) founded one of the most popular online casino companies, 888.com. The company provides the most popular options for poker games, online casino, and more. Based in Gibraltar, the brothers manage the brand.
Lanir founded Empire Online, one of the companies that certainly left a mark in the gambling industry. When the company went public in 2015, it was valued over $750 million. Due to an unpleasant experience with Party Gaming, Lanir decided to sell his website for a small portion of what it was worth. He then changed the company name to LIG (Livermore Investment Group) and is still the executive CEO.
It is more than clear that Israel is responsible for creating the casino history in America. Although a small country, it seems to be breeding casino entrepreneurs who have both talent and luck.
Many Isalerli online gaming startups are also waiting to launch their products.
We can’t wait to see what they’ve prepared for us.