Blackstone Invests in Superbet

Superbet, the Romania based sports betting and gaming company, has received EUR 175 million investments from Blackstone Group, the largest alternative investment firm in the world.

“We are anxious to start this strategic partnership with Blackstone. Capital infusion from the US fund backed by rich experience makes Blackstone a partner capable of supporting Superbet Group to maintain its market leadership in Romania, to continue to increase its market share and, above all, to be able to capitalizing on opportunities to expand business in both Central and Eastern Europe and globally,” Sacha Dragic, CEO of Superbet said.

“We are delighted to be able to start working with Sacha Dragic and the excellent management team he has created at Superbet. It is impressive that the Romanian company has invested in multi-channel and digital operations, including the launch of its own online gaming and betting platform, all made to the international standards of the industry. We are anxious to support the upward trend of Superbet, whose growth model is based on international expansion and on continued technology investments,” Andrea Valeri, Senior Managing Director of Blackstone said.

The rapid growth of the Superbet group is due to the quality of its retail locations, technology investment and rich experience in the industry.