Parasol buys Herzliya home for NIS 72m
Digital Entertainment Property
and Community Entrepreneurs Israel
California-born founder of PartyGaming, who has Israeli
citizenship from her father, has moved to Israel.
Parasol, the founder of the world's largest online
gaming company, PartyGaming, has bought a 1,000-square
meter ten-room house on a 1,500-square meter lot at
101 Kaplan Street in Herzliya Pituah for NIS 71.68
million. The house was built in 2004 by the previous
owners, a Belgian family, which demolished the previous
house on it, that dated from 1955.
Street is north of Galei Tchelet Street, considered
Israel's most expensive street in view of past residential
transactions on it. Parasol's house is not on the
first water line, but 500 meters from the beach.
estate agent Uri Tal, who specializes in the area,
said that Kaplan Street was one of the most desirable
streets in Herzliya Pituah. "Besides Galei Tchelet
Street, which is a whole other category, there are
five streets considered good and very expensive: Kaplan
Street, Hamaapilim Street, Havatzelet Hasharon Street,
and Arie Ben-Eliezer Street," he said.
Monica Parasol (45) was born in San Francisco to Richard
Parasol, a Polish-born Holocaust survivor, and Guna,
a Swede, and is the eldest of their three daughters.
Her father immigrated to Israel when he was 14, lived
at Kibbutz Ein Harod, but emigrated to the US immediately
after completing his military service. Six years ago,
he bought a house on Havatzelet Hasharon Street in
Herzliya Pituah, reportedly for $6 million. Parasol
who has Israeli citizenship from her father, moved
to Israel several years ago and is often resident
in the country. She must now been counted as one of
Israel's wealthiest citizens.
1997, Parasol struck out on her own, founding online
gaming company Starluck Casino Online in the Caribbean,
and together with Indian software engineer Anurag
Dikshit, turned the venture into PartyGaming plc.
Vikrant Bhargava and Parasol's husband, Russ DeLeon,
later joined Party Gaming as principals. PartyGaming
held its IPO on the London Stock Exchange in 2005
at a value of $9 billion. Parasol and her husband
subsequently sold shares in the company for over $1
billion. The couple are now in divorce proceedings.
In March 2011, PartyGaming merged with Bwin Interactive
Entertainment AG to create Bwin.Party Digital Entertainment
plc (LSE: BWIN), which has a market cap of £900
has no business interests in Israel, but is engaged
in philanthropy through the Bonita Trust, which contributes
to organizations worldwide, including, in Israel,
Tel Aviv University, Ichilov Hospital, Atidim, Aleh
Caring for Israel's Disabled, and Elem for Youth-at-Risk.
She also supports Israeli organizations through The
DeLeon Family Care Project, which she set up with