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Internet Rich List: 4 PartyGaming chiefs top Sunday Times top earners
Online gambling websites lay major claim to the top spots in The Sunday Times Rich List for 2009, with almost half of the top 10 positions occupied by individuals with online gambling interests.
Although the top dog on the list was Peter Cruddas, founder and owner of Internet securities dealer CMC on GBP 1 billion, industry observers will not be surprised to learn that Party Gaming founders Ruth Parasol and husband Russ De Leon are in second place with a reported fortune of GBP 700 million even in these tough times in terms of international economies.
Party Gaming also fields Anurag Dikshit and former marketing director Vikrant Bhargava, both primary shareholders who ranked 3rd on GBP 559 million and 9th on GBP 230 million respectively, despite Dikshit's seriously expensive (at $300 million) "settlement" earlier this year with the American Justice Department.
Bet365 founders Peter and Denise Coates, placed 6th on the list, with a reputed personal worth of GBP 400 million invested in their their Stoke, UK-based operation.
Betfair placed three execs in the top 20, including founders Ed Wray at 11th (GBP 190 million) and Andrew Black at 12th (GBP 185 million). Equity investment manager Richard Koch placed 17th on the list with a Betfair stake worth (GBP 129 million).
Other prominent fortunes listed include those of Web hosting services firm Planet Online founder Peter Sykes at 4th (GBP 550 million) and investor Peter Wilkinson at 7th (GBP 301 million).
The online top 10 was rounded out by Google's Michael Moritz in 5th (GBP 470 million), Bebo's Michael and Xochi Berch at 8th (GBP 250 million) and Miniclip founder Tihan Presbie at 10th (GBP 196 million).
On the general list, the horrendous impact of the recession on the fortunes of wealthy personalities was well illustrated.
Steel industry magnate Lakshmi Mittal remained on the top of the list this year, despite being 2009's biggest loser, having watching over GBP 16.9 billion evaporate from his empire. Mittal, still worth over GBP 10 billion, was followed by Russian entrepreneur Roman Abramovich, who lost GBP 4.7 billion of his wealth this year but still managed to hang in there with GBP 7 billion.
They were not alone - the crippling decline in the global economy wiped GBP 155 billion off last year's list, the biggest fall since it was first compiled 21 years ago.
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The Warriors didn’t take last year’s NBA Finals collapse lying down. They added Kevin Durant to the starting rotation; Durant is +220 to win this year’s Finals MVP award, while Cleveland superstar LeBron James is all by himself – also at +220. Kyrie Irving is the next closest Cavalier at +1000.
$400k Winner at Bodog Casino -
To win, you need to get a pair of Tens or better. Jerry K., however, got a much higher hand than the minimum; he pocketed $397,879 after landing the game’s best possible hand: a royal flush.
NBA : Warriors Win the West; NBA Finals Next -
The Golden State Warriors will play in their third-straight NBA Finals. They completed their sweep of the San Antonio Spurs Monday night, rolling to a 129-115 victory as 12-point road favourites; Golden State opened the season as a –250 chalk to win the Western Conference.
PartyPoker Rakebak -
Partypoker brings back rake back for players. All new ‘partypoker weekly Cashback’ launches.
NHL Odds: Lone Canadian Team Plays on Friday -
“Stingy” is a word that many have used to describe the Ottawa Senators in Round Three. The Sens know that they’re overmatched against a Pens lineup that features the likes of Sidney Crosby, Evengi Malkin and Phil Kessel, but with determined defensive play, Ottawa managed to frustrate the Penguins on their home ice, stealing one of two games.
NBA Odds: Will Cavaliers Be Rusty in Game 1? -
The Boston Celtics needed seven games to get past the Washington Wizards, but they got the job done Monday night, winning 115-105 as 5.5-point home favourites. Next up: the defending champion Cleveland Cavaliers, who visit the Garden Wednesday night at 8:30 PM ET on TNT.
4 New Microgaming Releases in May 2017 -
Candy Dreams is a 720 ways to win, variable reel game. Players spin on a colorful reel area filled with candy treats, as they play towards enticing bonus triggers.
PKR Company Statement Update -
Microgaming can confirm that David R Taylor and Matthew R M Wild of RSM Restructuring Advisory LLP were appointed Joint Administrators of PKR Ltd and PKR Technologies Limited on 11 May 2017 by the High Court, Chancery Division.
Microgaming Wins The Spark Award 2017 -
The Spark Award celebrates organisations that experiment with ways of working differently. Previous winners include GCHQ and Places for People. It’s a part of Spark the Change, a global movement dedicated to empowering people and building happier workplaces.
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