Blackstone invests $250 million in UAE gaming platform

Blackstone has invested $250 million in Abu Dhabi-based ADGT for digital gaming. This is the first private equity deal in the Gulf since the regional war began.

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Blackstone Inc. has invested $250 million in Advanced Digital Gaming Technology (ADGT), a specialized payments and data intelligence platform based in the United Arab Emirates. This transaction represents the first private equity-backed inbound deal in the Gulf region since the start of the war with Iran, which began on February 28 following coordinated strikes by the United States and Israel.

The Blackstone logo is pictured at the firm's Manhattan headquarters in New York City in this July 2025 file photo by Mike Segar for Reuters.
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