Thursday, October 29, 2020

Tag: Blackstone

Romania’s Superbet secures E175m Blackstone investment

Vlad Ardeleanu Managing Director Superbet
Quickly becoming a household name in Central and Eastern European, Romanian bookmaker Superbet has won the seal of approval from US investment fund, Blackstone, along with a E175m cash injection.   Rising star in Romanian gambling, Superbet, has secured a E175m investment from US investment fund, Blackstone. In return, the Blackstone Tactical Opportunities (BTO) division is taking a minority stake in the...

Blackstone MD discusses responsible gambling ahead of iGB Live! HQ

Haide Hong Blackstone MD
Gaming owners wishing to make their businesses more attractive to potential buyers, would be well advised to have in place a credible strategy around responsible gambling, according to Haide Hong, Managing Director of The Blackstone Group...

Spanish casino giant Cirsa agrees purchase by Blackstone Group

Cirsa-HQ
Cirsa Gaming Corp has been acquired by private equity funds managed by The Blackstone Group for an estimated E2.5bn. The purchase of the Terassa-based casino and bingo hall operator, which recorded 2017 revenue of E1.7bn, followed a number of unsuccessful bids

BetGames TV partners with Blackstone Group

Casino-Review-Betgamestv-1 blackstone
BetGames TV has enlisted Blackstone Group Enterprise Limited as its latest partner.   In the new partnership, BetGames will supply its games to the group’s South Korean online gaming platform from its Vilnius studios. The game offering includes all primary BetGames TV products and the latest two - Lucky 6 and Dice Duel - launched this year. “BetGames TV has the same approach...

CVC and Blackstone in £3bn for Paysafe

BBI - £3bn Aprivate
Aprivate, the consortium behind CVC Capital and Blackstone, has announced its plans to takeover Paysafe in a £3bn takeover bid.   Aprivate equity consortium has launched a £3bn takeover bid for the gaming-centric payments firm, Paysafe. The consortium includes both CVC Capital - which is already heavily invested in gaming firms: SkyBet, Tipico and Sisal - and Blackstone, which made its foray...

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