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ONLINE GAMBLING’S MOGULS FEATURE ON RICH LIST

Written On  5/6/11 By Recentpoker.com staff writer  Lenny Wasman :

Check out some of the most successful entrepreneurs in the industry
 
The 23rd Sunday Times Rich List 2011 is due for publication in the UK this weekend, and the pre-publicity is already generating reams of coverage.
 
Among Britain's great and good is a section where successful online gambling entrepreneurs are acknowledged, including:
 
* Topping the section, but still in only 90th position nationally, are online gambling millionaire father and daughter, Peter and Denise Coates, owners of Bet365, who share a GBP750 million fortune - up GBP250 million on last year. Peter Coates is also chairman of Stoke City Football Club.
 
* Party Gaming founders Ruth Parasol and Russ DeLeon have been less successful, their earnings being down GBP99 million but still owning an impressive fortune of GBP733 million between them.
 
* Fred and Peter Done from Betfred are third in the category with GBP660 million - no change from 2010.
 
* Another Party Gaming multi-millionaire is Vikrant Bhargava, currently worth an unchanged GBP230 million.
 
* Gibraltar-based Victor Chandler has a fortune worth GBP160 million, with no change from last year.
 
* Betfair founders Ed Wray and Andrew Black are worth GBP132 million and GBP125 million respectively.
 
* Richard Koch, also of Betfair, is down GBP37 million at GBP92 million.
 
* Tombola's Phil Cronin has seen his fortune soar GBP27 million to reach GBP82 million this year.
 
The Rich List this year profiles the thousand wealthiest people in Britain and Ireland and will be published in a special 104-page magazine this weekend. The list, which is compiled annually by Philip Beresford, is based on identifiable wealth (land, property, other assets such as art and racehorses, or significant shares in publicly quoted companies), and excludes bank accounts (to which the paper has no access).
 
When it comes to the digital and online category, the richest businessman in the UK is Carphone Warehouse and Talk Talk mogul Charles Dunstone, who is Britain's first digital billionaire.
 
Dunstone's GBP1,000 million fortune puts him top of the list of digital and online retailers.

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Gambling News :

IS DAN BILZERIAN A POKER FISH? - Dan Bilzerian, the high profile Instagram legend, jet setting playboy and allegedly deadly online poker player who claims he accrued a $50 million fortune playing the game,

Vegas Crest online casino adds 30 new games - The Vegas Crest online casino has announced the addition of 30 new video slots to its games inventory from developers GameArt and Xplosive.

AMAYA C.F.O. RETIRES - Daniel Sebag, the Amaya online gambling group's first and only chief financial officer with ten years’ service under his belt, has retired, according to a company announcement Friday.

Is Sheldon Adelson in Favor of Trumo - With the inaugural presidential lunch coming to a close Friday afternoon, US Congressional reporter Paul Kane offered an interesting tweet, noting:

SD618 Massachusetts Online Gambling bill Updates - A few more details have emerged on Sen. Bruce Tarr's new online gambling legalization bill SD618 just filed in the Massachusetts Senate.

2017 $25,000 buy-in Aussie Millions Challenge event results - Taiwan poker pro James Chen has emerged victorious in the $25,000 buy-in Aussie Millions Challenge event after besting a field of 133 at the Crown in Melbourne.

Amaya FY2016 Trading Update - The Montreal-based Amaya online gambling group has issued a trading update covering FY 2016 and improving its forecast revenue and earnings numbers.

Another Mega Fortune Dreams jackpot for Euro 3.5 million - In a statement Friday NetEnt advised that the lucky player is a 62-year-old woman from central Finland who won the seven-figure sum from a Euro 1 stake.

Stanleybet has filed a legal action against the government of Cyprus - Bookmaking firm Stanleybet has filed a legal action against the government of Cyprus, claiming Euro 12.5 million as compensation for what it claims is loss of profits and opportunities, prejudice to image and business reputation and legal costs.

LeoVegas To Sponsor Leicester Tigers - The agreement includes official partner accreditation, media space at Welford Road stadium and matchday tickets and VIP hospitality as well as two pitchside perimeter boards from the 2017/18 season and one for duration of the 2016/17 season.

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