Sports Bet Pays Off as Omers Reaps 50% Gain on MLSE Investment

Ontario's pension fund for municipal government workers realized a return exceeding 50% on its investment in Maple Leaf Sports and Entertainment in less than three years. The fund, known as Omers, purchased a stake in MLSE, which operates the Toronto Maple Leafs, Toronto Raptors, Toronto FC, and Toronto Argonauts. The investment was valued at a purchase price that drew scrutiny from some observers when announced.

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