| The Sovereign Wealth Fund wagers money on betting while unlicensed gambling is frowned upon at home. A dependency organisation is critical to the move. Norway’s SWF has over NOK 3.48bn (some USD 473m/EUR 417.76m/GBP 311m at today’s ROE) invested in several real and virtual casinos, Vårt Land reports.
Actis’ (Norwegian Policy Network on Alcohol and Drugs) random examination of the SWF’s investment portfolio shows that most of this betting-related money is invested in the Galaxy Entertainment Group Ltd – NOK 983.55m (about USD 133.54m/EUR 117.81m/GBP 87.7m)...............................................Full Article: Source
|