Superbet has signed a €1.3 billion ($1.34 billion) refinancing agreement with its existing investors Blackstone, along with several funds and accounts managed by HPS Investment Partners (HPS).
On February 7, Superbet announced that the raised funds will be used to expand into new markets, including Brazil, and to enhance merger and acquisition opportunities. Additionally, the financing will enable the company to continue investing in innovative technologies.
According to the statement, the recent funding from the consortium of investors has allowed Superbet to significantly invest in its proprietary technology platform and accelerate growth in Europe.
Superbet became one of the first operators to receive a full online betting license in Brazil on January 1. The company was among 14 operators granted a license when the market opened. Meanwhile, 56 other operators were granted provisional licenses while completing certification and compliance requirements.
Superbet’s Chairman Hans-Holger Albrecht expressed satisfaction with the deal.
“The fact that we have two blue-chip investors, Blackstone and HPS, is not only a milestone for the company, but also, given our strong balance sheet, is something that enables us to continue our expansion story, driven by our unique tech and product position,” he said.
“Together with Blackstone and HPS, we will drive sustainable growth through investments in innovative technology, the enhancement of our entertainment ecosystem and strengthen our strong culture of responsible entertainment.”
Raphael de Botton, Senior Managing Director of, noted that his company is “proud” to support Superbet.
“Superbet founder and co-CEO Sacha Dragic is a visionary founder and entrepreneur, backed by an exceptional management team,” de Botton said.
“We are proud to continue to support this company on its remarkable journey of growth and innovation. With exciting expansion plans on the horizon, we look forward to our ongoing partnership and the opportunities that lie ahead.”
Sacha Dragic added that the refinancing deal is a testament to the company’s commitment to becoming a global leader in online gaming.
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