Casino Gxame Center
Alabama Gambling
Phone Gambling
Racetrack Gambling
Israeli Casino Moguls to Sell Family Business
The Israeli family that owns one of the world’s largest on line casinos stands to net $2 billion from the sale of their site.
The Scheinberg family has decided to sell the family business, which happens to be one of the world’s largest on line casinos. The Scheinbergs have recently given permission to NM Rothschild, the City merchant bank, to sell or float their online gambling operation for a sum of over $2 billion. Currently, the family owns about 75% of the business, while the employees own about 25%.
The Scheinberg casino was founded by Isai Scheinberg, whose previous job was as a senior programmer for IBM.
A concern that afflicts all of the world’s largest on line casinos, including the Scheinbergs’, is the fact that so much of their business comes from the United States, where online gambling is technically illegal. From a legal perspective, owners of even the largest on line casinos are subject to immediate arrest as soon as they set foot on American soil, although, so far, this type of enforcement has not taken place.
Many of the largest on line casinos have recently been sold, netting owners billions of dollars in profits.
Online Casino $777 Free
Bonus
|
