The Ledger / Teddy Sagi
Teddy Sagi
◼ Origin
Founded Playtech, a gambling software developer, in 1999 in Israel; took it public on the London Stock Exchange and built it to $1B+ revenue before exiting by 2018. Subsequently founded Market Tech (Camden Market property, London) and took SafeCharge and Kape Technologies public on London's AIM.
◼ Self-Made Verdict — YES
Founded Playtech in 1999 with no inherited capital; built a global gambling software empire from a standing start.
◼ Documented marks
01
Founded Playtech in 1999, a gambling software platform used by 100+ online casino, sports betting, and poker operators globally; took it public on the London Stock Exchange (AIM, then main market) and sold his final stake by 2018 for a total exit exceeding $1B.
02
Owns a controlling stake in Labtech London (formerly Market Tech), which owns Camden Market — a 700-stall London tourist destination; has redeveloped it with a tech/startup angle while maintaining high rents for small vendors.
03
Convicted of bribery in Israel in 1996 for bribing Tel Aviv Stock Exchange officials to manipulate share prices; served approximately 9 months in prison before being released and founding Playtech.
04
The gambling software industry Sagi helped build provides the technical infrastructure for online gambling markets linked to addiction harm, problem gambling, and money laundering concerns globally.
No inheritance, or primary accounts documented for this billionaire yet.
◼ List of charges
Total sentence
0–0 years
That is
0.0–0.0 life sentences
(using 78 years as one life)
These are moral charges, not legal ones. The actual legal system has not — and will not — bring them.
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