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Tag Archives: Olympic Entertainment

Malta – Eden and Olympic open Malta’s largest casino

The Malta Gaming Authority has granted a licence to Casino Malta, owned by Maltese hotel and entertainment company Eden Leisure Group, allowing it to become the fourth casino in Malta. The €12m venue, located in St. George’s Bay on the first floor of the InterContinental Hotel, will be operated by Olympic Entertainment Group. The new…

Estonia – Olympic hires RAY Casino’s former GM to run flagship casino in Tallinn

Olympic Entertainment Group has appointed Heikki Rinta-Panttila, former GM of Finland’s state-owned Casino Helsinki, as the new General Manager of Olympic Park Casino, the Group’s new flagship casino to be opened in Tallinn in May 2016. Madis Jääger, CEO of Olympic Entertainment Group, said: “With more than 20 years of international experience in casino operations,…

Baltics – Olympic completes hat trick of acquisitions

Olympic Entertainment Group has completed the purchase of three Baltic-based gambling companies one in Latvia, one in Lithuania and one in Estonia. In Latvia it has completed the purchase of casino operator SIA Garkalns, who operates 20 slot casinos in Latvia, ten of which are located in the country’s capital city Riga and ten in…

The Baltics – Five markets out of seven improve for Olympic Entertainment

Baltic operator Olympic Entertainment is continuing to move in the right direction with consolidated sales revenues for the first nine months of 2015 amounting to €120.6m, up 9.6 per cent year-on-year. The Group’s consolidated EBITDA for this period came in at €29.2m, a growth of eight per cent whilst net profit was up to €19.6m…