Tag Archives: Olympic Entertainment Group
Estonia – Olympic feels growth of seven per cent in 2013
Baltic-born operator Olympic Entertainment Group bounced back in 2013 with consolidated sales revenues for the 12 months of €145.3m, up 7.8 per cent or €10.5m year‑on‑year. Gaming revenues accounted for 93.6 per cent or €135.9 m of this total. Olympic’s consolidated net profit totalled €25.7m compared to €24.2ma year ago. The year was notable for…
Slovakia – Olympic snaps up Slovakian VLT licence
Olympic Entertainment Group AS (OEG) has acquired 100 per cent shareholding in Slovak VLT slot casino operator WINWIN Slovakia s.r.o. and plans to open its first VLT casino on Slovak market during the first half of 2014. WINWIN Slovakia s.r.o. has the licence required for operating VLTÂ (server-based)Â slots in Slovakia. The acquired company does not operate…
Estonia – PlayTech launches Olympic Entertainment’s OlyBet
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…
Lithuania – Olympic secures online betting licence in Lithuania
Olympic Casino Group Baltija UAB, a subsidiary of the Olympic Entertainment Group (OEG), has been issued with a license to offer sports betting games in Lithuania. OEG offers sports betting under OlyBet trademark, launched in August 2013 with licenses already operational in Estonia and Latvia. OlyBet will begin operations in Lithuania in the first quarter…
Baltics – Baltics up across the board for Olympic
Olympic Entertainment Group, a fine barometer of gaming health in The Baltics, has reported increases in Gross Gaming Revenues all three Baltic countries for the first nine months of 2013. OEG’s subsidiaries Olympic Casino Eesti AS, Olympic Casino Latvia SIA, Altea SIA and Olympic Casino Group Baltija UAB announced the revenue increases in its unaudited…
Estonia- Olympics’ OlyBet goes live on MPN
OlyBet, previously Olympic-Online, has gone live on the MPN following an extensive rebrand. OlyBet has also gone live with Microgaming’s industry-leading casino games, through an agreement with Quickfire, powered by Microgaming. OlyBet is the new online gaming environment for Olympic Entertainment Group (OEG), one of the largest casino entertainment providers in its region, operating in…
Estonia – Olympic enters Estonian and Latvian sports betting
Olympic Entertainment Group (OEG) has expanded its online business into the regulated Estonian and Latvian sports betting market from August 1 2013. The launch of sports betting coincides with the rebrand of Olympic-Online to OlyBet. Furthermore, Olybet’s new sports betting service is available in a newly created network of sports bars as well as online….
Latvia – Olympic doubles Latvian slot estate
Estonian-born operator Olympic Entertainment Group has bought Latvian operator SIA Altea increasing its estate in the country by almost 50 per cent. Altea owned some 17 slots halls operating under the brand Halle Jackpots. Nine of the venues are located in Riga with eight outside of the Latvian capital. In total the deal adds 345…
