July 29, 2015 | Following the announcement that two online gambling companies, Labrokes and Gala Coral, will merge, Playtech, which provides solutions to the companies saw its market share surge to $4.7 billion. Making £75 million (approx. $117.6 million) as a result of the deal, Teddy Sagi’s Playtech will continue to serve both companies following the merger. Playtech, an online gambling software company, was founded in 1999 by Teddy Sagi.
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