Mitch Garber

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Mitch Garber

Mitch Garber
Born (1964-09-05) September 5, 1964 (age 58)

Mitch Garber CM (born September 5, 1964) is a Canadian lawyer, investor and business executive. He is a Member of the Order of Canada.

Current Activity[edit]

Garber is an active investor/Board member, partnering with leading private equity firms, including;

  • Co-investor and board member of the Fosun held Lanvin Group including iconic French fashion house Lanvin, Austria-based Wolford, Italian shoe designer Sergio Rossi.
  • Investor and Chairman of an Israeli Artificial Intelligence company
  • He was the inaugural Chairman of Invest In Canada (Investment Canada), the Canadian government agency responsible for attracting and facilitating foreign direct investment (FDI) into Canada from 2018-2022.

Education and recognitions[edit]

Professional career[edit]

From 1990 to 1999, Garber practiced law in Montreal at the firm Lazarus Charbonneau. He left Lazarus Charbonneau in 1999 to pursue his business career at SureFire Commerce Inc., an online payment processing start-up company he helped create with Montrealers Joel Leonoff and Rory Olson. In 2003, he engineered the merger of SureFire, then named Terra Payments Inc., with Optimal Group Inc., a NASDAQ-listed company, to form Optimal Payments, Inc., of which he became CEO. He left the company in 2006 to become CEO of Party Gaming Plc. He led the company successfully until leaving to return to Canada in 2008.[2][3] (In 2017, renamed, and led by its original co-founder Joel Leonoff since 2008, Optimal Payments, now Paysafe Group, sold to CVC Capital Partners and Blackstone.

In 2009, Garber joined with private equity firms TPG Capital and Apollo Global Management, principal owners of Caesars Entertainment to lead its newly-created and stand-alone digital gaming and entertainment business. Garber would serve as CEO of the new entity, named Caesars Interactive Entertainment (CIE), and was its first private investor.[4]

In 2011, Garber led CIE's acquisition of Playtika, a small Israeli start-up developing games for Facebook.[5][6]

In 2013, Garber added the role of CEO of Caesars Acquisition Company (CACQ), a NASDAQ-listed offshoot of Caesars Entertainment. In addition to the CIE assets, the World Series of Poker, and Playtika, being rolled into CACQ – CACQ also controlled multiple Las Vegas hotel and casinos, notably Planet Hollywood, The Cromwell, The LINQ, Bally's, Paris, and outside of Las Vegas, the Horseshoe Baltimore and Harrah's New Orleans.[7]

On July 31, 2016, CIE announced the sale of Playtika to a Chinese consortium involving Giant Interactive Group, one of China's leading games companies, and Yunfeng Capital, the private equity firm of Alibaba Founder and CEO, Jack Ma, for $4.4 billion.[8] [9] As of May, 2019, it is the sixth-largest sale in the history of Israel.[10] In January 2021, Playtika went public on Nasdaq with an enterprise value of 11 billion dollars, the largest IPO of an Israeli based company.

He has been credited with helping to save Caesars Entertainment from bankruptcy, and left Caesars Acquisition Co., on October 6, 2017 after overseeing the sale of Playtika and the successful merger of (CACQ) and Caesars Entertainment.[11]


Along with his wife, Anne-Marie Boucher, Garber commits a considerable amount of his time and money to philanthropy. Philanthropic initiatives Garber and Boucher have been and are currently involved with, include; :[12]

  • Garber was co-chair of the 2020-2022 Combined Jewish Appeal campaign in Montreal, raising $130 million
  • Garber was co-chair of the 2016 $55 million Centraide (United Way) campaign in Montreal
  • Garber has chaired the annual fundraising Ball/Event for; The Montreal Museum of Fine Art, The Montreal Museum of Contemporary Art, The Goodman Cancer Centre, The Douglas Mental Health Institute, The Cummings Senior Citizens Centre, The Montreal Children's Hospital & The St Mary's Hospital.
  • Garber is a board member and past chairman of the faculty advisory board of the McGill University Faculty of Medicine
  • Garber and Boucher established The Garber Family Post Doctorate Fellowship in Hereditary Cancer at McGill's Faculty of Medicine as well as the Garber-Rovinescu Priorities Fund for brain research at the University of Ottawa Brain and Research Institute.
  • Garber and Boucher support Aleh Jerusalem and Aleh Negev hospitals in Israel and Boucher is a board member
  • Garber and Boucher support the St. Mary's Hospital and Boucher is Past-Chairwoman of the Board
  • Garber and Boucher support the Weizmann Institute in Israel and Boucher serves on the International Board
  • On the occasion of Boucher's 50th birthday, Garber established the Anne-Marie Boucher Scholarship Prize endowment at Boucher's former high school, Mont de Lasalle, to encourage students to graduate. Mont de Lasalle high school has one of the highest student drop-out rates in Quebec/Canada. Boucher actively oversees the annual program and awards.
  • The Hall of Honour at Montreal's Bialik High School, part of the school's 2009 expansion, bears his name


-Garber is a frequent public speaker on social responsibility, philanthropy and business.

-In 2015 and 2016 Garber was a member of the cast of the French-Canadian version of CBC’s hit show, Dragons' Den, called Dans l’Oeil du Dragon, becoming its first ever Anglophone judge.

-In 2016, Garber's life was profiled by the award-winning news magazine television series, W5.[13]

-In 2016, Garber addressed the Cercle Canadien on business and politics.[1][unreliable source?]

-In 2016, Garber eulogized show business icon and friend René Angélil at his Las Vegas memorial service.[2][unreliable source?]

-In 2017, Bloomberg ranked Garber as the 7th highest-paid executive in America, with total annual compensation estimated at $91 million, alongside the likes of Tim Cook and Elon Musk.[14]

-In 2019, Garber was awarded the Order Of Canada.[15]

-He is part of the Stephen Bronfman led group attempting to bring Major League Baseball back to Montreal.

-He was a part-time sports radio talk show host in Montreal from 1991–1999.


  1. ^ Dunlevy, T'Cha (2019-06-27). "Alanis Obomsawin, 15 other Quebecers to receive Order of Canada". Montreal Gazette. Archived from the original on 2019-07-04. Retrieved 2019-07-04.
  2. ^ Bowers, Simon (16 October 2006). "Players Walk Away as U.S. Law Wipes Out 90% of Party Gaming's Poker Revenue". The Guardian. Retrieved 2015-11-08.
  3. ^ Petrowski, Nathalie (6 May 2015). "Mitch Garber: Un Dragon Fou de Montreal". La Presse. Retrieved 2015-11-08.
  4. ^ "Caesars Interactive – About Us". Caesars Interactive Entertainment. Archived from the original on 2017-11-08. Retrieved 2015-10-09.
  5. ^ Takahashi, Dean (20 October 2015). "How One Israeli Investor Overcomes Fears and Continues to Invest in Games". Venture Beat. Retrieved 2015-11-21.
  6. ^ Stutz, Howard. "Garber nurtures Caesars Interactive to growth mode". Las Vegas Review Journal. Retrieved 2016-02-18.
  7. ^ "Profile: Caesars Acquisition Company". Reuters. Archived from the original on 2014-12-23. Retrieved 2015-11-16.
  8. ^ Loo, Daryl (August 1, 2016). "Caesars Jumps on $4.4 Billion Deal to Sell Playtika Games Unit". Bloomberg. Retrieved August 8, 2016 – via
  9. ^ Xie, Yifan (July 29, 2016). "Chinese Investor Group Buys Israel-Based Online-Games Firm". Wall Street Journal. Retrieved August 8, 2016 – via
  10. ^ Lev, Tzvi (August 2, 2016). "Israeli company acquired in third-largest sale in country's history". Ynetnews. Ynet News. Retrieved August 8, 2016.
  11. ^ Linde, Damon van der (6 October 2016). "How Mitch Garber saved Caesars". Financial Post.
  12. ^ Kerr, Peter. "Mitch Garber – Successful Business Executive, Philanthropist, and Sports Fan". The Montrealer. Retrieved 2015-11-08.
  13. ^ Rinaldo, Sandie (12 February 2016). "Mitch Garber Rose from Humble Beginnings to Head Up a $2.5 Billion Empire". CTV News. Retrieved 2016-02-13.
  14. ^ Melin, Anders. "2017 Highest Paid CEOs". Bloomberg. Retrieved May 11, 2017.
  15. ^ "Garber receives Order Of Canada".

External links[edit]