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Superbet Completes €1.3 Billion Refinancing Deal for Expansion

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by A1

9 hours ago


Romanian gaming operator Superbet has completed a €1.3 billion refinancing deal with investors Blackstone and funds managed by HPS Investment Partners to support global growth.

About Superbet

Founded in 2008 by Sacha Dragic, Superbet has grown into a leading sports betting company with over 1,000 locations across 9 countries. The company obtained an online betting license in Brazil and plans to strengthen its market position elsewhere.

The company expanded its operations into 12 markets, leading in Romania and Poland, and made a significant move into Belgium with the acquisition of Napoleon Sports & Casino in 2021.CITE_W_A

Investing in New Technologies

Superbet is heavily investing in cutting-edge technology to align with global trends. With Dragic returning to a leadership role, the company is focused on technological modernization. Superbet received support from Morgan Stanley and Stifel for the refinancing deal.

Sports Betting in Eastern Europe

The sports betting industry in Eastern Europe is rapidly growing, significantly contributing to the regional economy. The online betting market is projected to grow by 4.45% by 2029.

Superbet's refinancing underscores its commitment to becoming a global leader in the betting industry and investing in state-of-the-art technology to enhance customer experience.

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