Blackstone Group puts €175m into SuperBet

Blackstone Tactical Opportunities, the U.S.-based Blackstone Group private equity firm, made a €175m investment in Romania’s SuperBet. Blackstone senior managing director Andrea Valeri said they are optimistic in the company’s “upward trend” based on “international expansion and continued technology investments.” SuperBet is Blackstone’s latest project after acquiring Spanish gaming giant Cirsa’s operations in Spain, Italy, and Latin America and eyeing a potential purchase of Mexico City’s PlayCity land-based and online gambling operations.
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10th May 2019
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Romania’s SuperBet gets €175m infusion from Blackstone Group
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The Story

Blackstone Tactical Opportunities, the U.S.-based Blackstone Group private equity firm, made a €175m investment in Romania’s SuperBet. Blackstone senior managing director Andrea Valeri said they are optimistic in the company’s “upward trend” based on “international expansion and continued technology investments.” SuperBet is Blackstone’s latest project after acquiring Spanish gaming giant Cirsa’s operations in Spain, Italy, and Latin America and eyeing a potential purchase of Mexico City’s PlayCity land-based and online gambling operations.

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SHOUT OUT
Congratulations to Tom Horn Gaming for bagging two awards at the Baltic and Scandinavian Gaming Awards in Vilnius! The company was given the Best Online Casino Innovator in the Baltics and Rising Star in Baltic Online Casino Technology awards.
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