The Daily Mail Newspaper Attacks Playtech Founder

This story was published more than 8 years ago.

The UK newspaper The Daily Mail has published an article attacking the founder and majority owner of Playtech plc over his involvement in fixed odds betting terminals.

The Daily Mail has had a long history of publishing anti-gambling stories and routinely attacks fixed odds betting terminals, which the paper feels shouldn't be allowed in retail shops.

The article attacks Playtech Founder Teddy Sagi, who it says is a jailbird and pornographer, and attempts to vilify him for his role in the terminals.

Some of the claims about Sagi in the article are:

  • "Teddy Sagi’s company Playtech ­unashamedly states its software can help book­makers ‘manage your players throughout the player’s life-cycle, describing how a gambler can play on a machine in a betting shop, and then ‘when he is ready to move on, he can continue the game on his smartphone and tablet device in the comfort of his own home’."

  • That Sagi ran a pornography company that eventually was listed on the London Stock Exchange and valued at £550 million.

  • Stating that Teddy Sagi is a convicted criminal, noting how the entrepreneur served a nine month jail sentence in 1994 for insider trading.

Some other points in the article aren't as pointed, as the paper has pointed out that Sagi has homes in the UK, US, Israel, Germany, and Cyprus, that he is married to a former beauty queen, and has an eight year old child.

Even with those points the piece is hardly neutral in its reporting, claiming that Sagi's vast fortune was built "... by exploiting the poorest and most ­vulnerable people in the country."

Those interested in reading the article themselves can do so at:

About the author

Dustin Jermalowicz // News Editor
Dustin Jermalowicz
Dustin has a long-standing passion for gambling. He has been writing professionally on the subject and breaking industry news for Casino Listings since 2011. His favorite casino games include Blackjack, Poker, and Hi/Lo. A proud native of Detroit, Dustin currently lives in Michigan.