Media: Norway's wealth fund must likely sell its gambling shares -E24

Betsson AB

24/04/2018 12:32

** A majority of politicians in Norway's parliament will
back a proposal forcing the country's $1 trillion sovereign
wealth fund to sell its stakes in companies involved in the
gambling industry, business news site E24 reported on Tuesday
    ** The wealth fund's investments in gambling firms amounted
to around 26 billion Norwegian crowns ($3.30 billion) at the
start of the year, including stakes in MGM Resorts International
 MGM.N  and Sweden's Betsson  BETSb.ST , E24 added
    Source link: https://bit.ly/2HMV3sq
    Note: Reuters has not verified this story and does not vouch
for its accuracy
($1 = 7.8850 Norwegian crowns)

 (Reporting by Oslo newsroom)
 ((oslo.newsroom@thomsonreuters.com; +47 23 31 65 90))