(Igal) Mark Scheinberg (born 1973) is an Israeli-Canadian businessman and investor with investments in various sectors including real estate and luxury hospitality. He is the co-founder and former co-owner of the online gambling company

PokerStars PokerStars is an online poker cardroom that was a part of The Stars Group until it was sold to Flutter Entertainment on May 5, 2020. It can be accessed through downloadable poker clients for the Windows, macOS, Android and iOS. It is the ...

, which was sold in 2014 to

Amaya Gaming The Stars Group Inc. (formerly known as Amaya Inc., Amaya Gaming Group Inc. and Rational Group) was a Canadian gaming and online gambling company headquartered in Toronto, Ontario, Canada. Its shares were traded on Nasdaq and the Toronto Stock Ex ...

for $4.9 billion.

Early life

Mark Scheinberg was born in

Israel Israel (; he, יִשְׂרָאֵל, ; ar, إِسْرَائِيل, ), officially the State of Israel ( he, מְדִינַת יִשְׂרָאֵל, label=none, translit=Medīnat Yīsrāʾēl; ), is a country in Western Asia. It is situated ...

in 1973, moving to

Toronto Toronto ( ; or ) is the capital city of the Provinces and territories of Canada, Canadian province of Ontario. With a recorded population of 2,794,356 in 2021, it is the List of the largest municipalities in Canada by population, most pop ...

, Ontario, Canada at the age of 13 with his

family Family (from la, familia) is a group of people related either by consanguinity (by recognized birth) or affinity (by marriage or other relationship). The purpose of the family is to maintain the well-being of its members and of society. Idea ...

. They settled in the town of Richmond Hill in the 1980s.

Career

In 2001 Scheinberg founded

with his father Isai Scheinberg, a computer programmer. During his tenure as CEO, PokerStars became the world’s largest online poker business and host to the world’s largest online tournament series, acquiring the Full Tilt Poker brand in 2012. In August 2014, Oldford Group Ltd, the PokerStars parent company, was acquired by the Canadian publicly listed company Amaya Gaming Group for $4.9 billion. Upon completion of the sale, Scheinberg exited the PokerStars group. As of May 2017, Scheinberg was the richest person on the Isle of Man. Via his investment company Mohari Hospitality,"PokerStars Founder Mark Scheinberg’s Madrid Hotel Complex to Open Doors in 2019"
''Casino News Daily'', November 7, 2017 in early 2017 Scheinberg became a major investor in Centro Canalejas Madrid, a real estate project in

Madrid Madrid ( , ) is the capital and most populous city of Spain. The city has almost 3.4 million inhabitants and a metropolitan area population of approximately 6.7 million. It is the second-largest city in the European Union (EU), an ...

, Spain. Mohari purchased a 50% stake in the Centro for €225 million from the Grupo OHL subsidiary OHL Desarrollos and the industrial group Villa Mir, who both also retained stakes. With an opening date set for 2019, the project involves the restoration of seven historic adjacent buildings for residential, hotel and commercial use. With a large amount of retail space, the complex will also house the first

Four Seasons The Four Seasons, originally referring to the traditional seasons of spring, summer, autumn and winter (typical of a temperate climate), may refer to: Music * ''The Four Seasons'' (Vivaldi), a 1725 set of four violin concertos by Antonio Viv ...

hotel in Spain, and create 4,800 positions. In September 2017, a Canadian subsidiary of Mohari Hospitality acquired the Thompson Toronto hotel in downtown

Ontario Ontario ( ; ) is one of the thirteen provinces and territories of Canada.Ontario is located in the geographic eastern half of Canada, but it has historically and politically been considered to be part of Central Canada. Located in Central C ...

. The "boutique" hotel has 105 rooms, event space, and restaurants and lounges. According to The ''

Sunday Times Rich List The ''Sunday Times Rich List'' is a list of the 1,000 wealthiest people or families resident in the United Kingdom ranked by net wealth. The list is updated annually in April and published as a magazine supplement by British national Sunday n ...

'' in 2021, his net worth was estimated at £3.519 billion.

Personal life

Scheinberg is single and lives in the

Isle of Man ) , anthem = " O Land of Our Birth" , image = Isle of Man by Sentinel-2.jpg , image_map = Europe-Isle_of_Man.svg , mapsize = , map_alt = Location of the Isle of Man in Europe , map_caption = Location of the Isle of Man (green) in Europ ...

. In March 2020 he and his family founded The Scheinberg Relief Fund, to help tackle the direct impact of COVID-19. With an allocation of $50 million, it supports organisations and initiatives in locations where the family has a business or personal presence. Scheinberg has a keen interest in conservation and animal welfare. In September 2020, it was announced that The Scheinberg Relief Fund would match every donation to the Wildlife Ranger Challenge, a conservation fundraiser that work with charities like the Save the Rhino Trust.

References

{{DEFAULTSORT:Scheinberg, Mark PokerStars 1973 births Living people Israeli businesspeople Israeli billionaires Israeli emigrants to Canada Israeli Jews Canadian businesspeople Canadian billionaires Canadian Jews People from Richmond Hill, Ontario 21st-century Manx people Poker people People named in the Paradise Papers