Superbet made an initial investment in Lucky 7 in its startup phase early last year, Focus Gaming News reported.

In May 2019, Blackstone Group acquired a minority stake through its Blackstone Tactical Opportunities Fund I in Superbet, a Romania-based company engaged in providing sports betting and gaming services, for a cash consideration of €175m.

Company
Founded by Olof Orn, Karl Ahlberg and Magnus Petersson, Lucky7 launched in 2019 in Malta. The company operates a number of online casino brands across multiple markets in Europe and the Americas. It posted a turnover of €17m in the second quarter of 2020.

People
Superbet – Johnny Hartnett (CEO).
Lucky 7 – Olof Orn (founder).

Advisers
Acquirer – Herzog Fox and Ne'eman (legal), Oakvale Capital (corporate finance).

Company – Vinge (legal), In-house (corporate finance).

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