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Antara Capital takes 6.4% stake in gambling firm GAN

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James Rikeman
(@betnowguru)
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Joined: 2 years ago
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Antara Capital, an event-driven hedge fund founded in 2018 by Himanshu Gulatis with seed funding from the Blackstone Group, has purchased a 6.4% position in GAN, a Nasdaq-listed gaming technology company founded by Dermot Smurfit.

According to the regulatory records cited by the newspaper, Antara bought almost two million shares of the firm for slightly under $6 million at the time of acquisition.

I wish someday there will be land-based Casinos in Georgia. Maybe someday it will come true.


   
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