Blackstone has committed $250m to Advanced Digital Gaming Technology (ADGT), a UAE-based payments and data intelligence platform targeting regulated gaming markets globally.
The investment brings together Blackstone, Raya Holding, alongside technology partners NRT Technology and Sightline Payments. The partnership aims to develop a unified financial infrastructure for the gaming sector.
Headquartered in Abu Dhabi, ADGT is positioned as the only licensed platform in the UAE able to contract with both land-based venues and online operators. The model enables a single payment and compliance layer across the market.
Initial deployment is planned across the UAE, the wider Middle East and Africa, with additional expansion into selected international corridors.
Michael Dominelli, CEO of ADGT, said: “ADGT was created in the UAE to serve as a new global standard for financial payments technology. With strong institutional backing and regulatory alignment, the platform is designed for resilience and scalability.”
Jon Gray, President and COO of Blackstone, said: “We see a significant opportunity to deploy capital in the UAE to build companies with both domestic and international growth potential. The region continues to show strength across travel, leisure and technology.”
The ADGT platform integrates digital wallets, real-time funding and payout systems, identity and access management, and compliance monitoring within a single infrastructure. It supports both closed-loop and open-loop ecosystems.
Blackstone has maintained a presence in the UAE since 2010, with existing investments including logistics platform Glide and property marketplace Property Finder.
The UAE is still in the early stages of developing a regulated commercial gaming market, making payments infrastructure a key entry point for suppliers positioning ahead of full market expansion