- In-depth
PE firms make big bets on gambling
Betting industry’s cash flow offers an attractive lure for buyout shops hoping to hit the jackpot
Private equity and venture capital managers are betting big on the global gambling market.
From casinos to sports betting apps, the buyout industry is hoping to strike lucky with a record flurry of recent investments into the sector.
Blackstone struck what is set to become the largest ever industry deal last month, buying Australia-based casino...
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