Bwin and Sands Big-Wig Jason Ader Is At It Again With MD Insider

Submitted by Aaron Goldstein on

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Aaron Goldstein

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Jason Ader, a long-time friend to Gambling911 is at it again.  The big-wig New York hedge-fund guru is now revolutionizing the healthcare arena, with his investment in MD Insider, which is based in California and using big data to evaluate physicians.

Ader is a board member of the Las Vegas Sands Corporation, and is also the second-largest shareholder in European online gaming giant Bwin.party, acquiring a 6 percent stake in the London Stock Exchange-listed business in February. Ader previously worked on Wall Street in gaming, and won a proxy fight with International Game Technology, which Gambling911 covered extensively.

His new company was profiled today in the prestigious New York Observer, who noted that "Ader's company raised $1.5 million in two minutes, and its accounts were six times oversubscribed."

The company was described as the “…anti-Yelp”, as “Most people who write doctor reviews only write bad ones, but we’ve turned to data. We’re able to bring this vast amount of data to users in a way that’s easy, quick and factual.”

According to the Observer, Ader earlier this year considered buying the New York Red Bulls.  His partners in this venture include Michael Fertik, the founder of Reputation.com.

- Aaron Goldstein, Gambling911.com

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