Blackstone has invested US$250 million in Advanced Digital Gaming Technology (ADGT), a payments and data intelligence platform launched from the UAE to support regulated digital markets.

Blackstone, Raya Holding, an Abu Dhabi-based investment firm, and technology partners NRT Technology and Sightline Payments established ADGT through a partnership.

Headquartered in Abu Dhabi, the platform will initially focus on deployments in the UAE, the Middle East, Africa, and selected international markets.

In the UAE, ADGT holds a license to provide payments and compliance technology to the commercial gaming sector and can contract directly with both land-based venues and online platforms.

Michael Dominelli, CEO of ADGT, said:

“ADGT was created in the UAE to serve as a new standard for financial payments technology. Built on modern infrastructure and within a strong regulatory framework, the platform is designed for resilience and scalability. With the backing of Blackstone, Raya Holding and our technology partners, we have the resources to develop this platform further.”

Jon Gray, President and Chief Operating Officer, Blackstone, said:

“We see an opportunity to deploy capital in the UAE to build companies that can grow domestically and internationally. The UAE is a global hub for travel and leisure, with growing strength in technology, and we are supporting ADGT to expand in these areas.”

The platform integrates digital wallets, real-time funding and payouts, identity and access management, and compliance monitoring within a single system designed for both physical and online transactions.

Featured image credit: Edited by Fintech News Middle East, based on image by freepik