News The founder of Playtech was tried to be killed in Cyprus

Discussion in 'Casino News' started by Admin, Oct 12, 2021.

  1. Admin

    Admin Administrator Staff Member

    Playtech gaming software is familiar to everyone who seriously works in the igaming vertical. Playtech is one of the very first gaming software for online casinos and bookmakers, presented in almost all major global brands.

    The founder and major shareholder of Playtech, Israeli businessman Teddy Sagi (who earned 5.6 billion US dollars from gambling), almost fell victim to an assassination attempt in Cyprus a few days ago. The authorities of the island detained a native of Azerbaijan with a Russian passport who opened fire on the office building where Teddy Sagi's residence is located. A firearm was seized from the detainee. Teddy Sagi urgently left the island on the recommendation of the authorities.


    At the moment, the investigation is classified. According to media reports, the law enforcement agencies of Cyprus are working out two versions.

    According to the first, the founder of Playtech could become a victim of a conflict with Russian-speaking organized crime on the basis of gambling business.

    According to the second, the special services of the Islamic Republic of Iran are behind the assassination attempt, which, as part of an undeclared shadow war, could carry out an operation to kidnap and kill one of the top Israeli businessmen.

    It should be noted that both versions have the right to exist. Playtech (and other software manufacturers associated with it) received and continues to receive a huge part of its profits from illegal gambling operations in the markets of Russia and the CIS. At the same time, Teddy Sagi, for two decades in the gambling business, has established himself as an extremely tough businessman who is not afraid to go into conflicts, and does not particularly care about the ethical side of his relations with business partners.

    A gambling trail can also be seen in the Iranian version. Through many companies, Teddy Sagi controls, among other things, a number of gambling sites aimed at the market of Iran and other Muslim countries.

    The Islamic Republic of Iran is the only state that officially declares the death penalty for any connection with gambling. So, at the moment, Iran is seeking the extradition from Europe of one of its citizens who was engaged in activities to attract Iranian players to gambling sites.

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