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Estonia – PlayTech launches Olympic Entertainment’s OlyBet

By - 31 December 2013

Playtech, the international designer, developer and licensor of software and services for the online, mobile, TV and land-based gaming industry, has now launched its casino product with Olympic Entertainment Group’s (OEG) new brand, OlyBet.

OEG is a leading gambling and entertainment service provider and a long term licensee of Playtech. This launch strengthens the relationship between the two companies as OEG expands its online operations into Estonia and Latvia with its new OlyBet brand with Playtech as their exclusive casino provider. To maximise value from the penetration of these two new markets OEG has chosen once again to rely on Playtech’s expertise and global credentials in meeting regulatory requirements.

Kaido Ulejev, OlyBet General Manager, said: “With the help of Playtech, we are launching something truly unique to support our land based casino and sports bar operations, as OlyBet provides the region’s greatest selection of online casino games, delightful poker interface, the best selection of events and the most favourable odds for sports betting.”

Shay Segev, Playtech COO, commented: “Playtech is thrilled to take part in OlyBet’s launch and is delighted about the opportunity to work with Olybet as they enter the regulated markets of Estonia and Latvia. We are pleased OlyBet has chosen Playtech as their exclusive casino provider and are confident that our offering in the casino space will allows OlyBet to reach its goals and revenue targets.”

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