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In 2001 they moved into online gaming and purchased Jamba from Carlton. Jamba was a free-to-play games site, but Gala transformed it into fixed odds betting and an online casino with significant investment. In 2004 the Gala company was bought out by private equity investors Candover and Cinven. In 2005 the private equity firm Permira also bought a stake, valuing the company at £1.89 billion.
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