Archive For May 20, 2018

Israeli online gambling operator valued at $37.5 million

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Tel Aviv-based PrincessNet online gambling operator is raising $7.5 million from the U.S. fund MET in exchange for 20 percent stake in PrincessNet, www.gamblingmagazine.com reported. The deal will bring PrincessNet”s market value to $37.5 million. Founded in 1997 by Adi Tarkay, PrincessNet operates a network of online casinos. To date, a total of $1.7 million…

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