Teddy Sagi
Overview
- Source of Wealth
- Gambling software
- Industry
- Gambling & Casinos
- Residence
- Tel Aviv
- Marital Status
- In Relationship
- Children
- 6
Assets
- Crossrider0 shares @ --KAPE-GB
Biography
Teddy Sagi founded gambling software developer Playtech in 1999. It has revenue of more than $1 billion and is traded on London's stock exchange.
Sagi sold a 12% slice of Playtech for almost $400 million in 2016; he sold the rest for $88 million in November 2018.
He has taken 4 companies public on London's AIM: Playtech, Market Tech, online payments processor SafeCharge and cybersecurity company Kape.
Sagi took Market Tech (now Labtech London) private in July 2017; it owns a portfolio of London property including tourist hot spot Camden Market.
In 2019, he sold SafeCharge to Canadian company, Nuvei for $889 million. His other investments include co-working spaces and technology startups.
About
Sagi plans to rejuvenate Camden Market by introducing technology and high-tech operations.
He has six children with his partner Yael Nizri, the 2006 Miss Israel.