Tag Archives: Olympic
Italy – Olympic merges Italian affiliates
The Italian subsidiaries of OEG, casino operating companies Slottery S.r.l. and Jackpot Game S.r.l., concluded a merger agreement on May 8. The merger will be finalised within the current year and during the course of the merger Jackpot Game S.r.l. will merge with Slottery S.r.l. After the merger has been completed the group will continue…
Belarus – Olympic exits the Belarusian market
Olympic Entertainment Group (OEG) has confirmed it will exit the Belarusian gaming market due to the inefficient operations caused by the macroeconomic situation and poor prospects to increase profitability in Belarus. The revenues and income of the Belarusian subsidiary of OEG in 1H 2016 amounted to €0.2m and operating loss amounted to €0.15m. In 1H…
Estonia – Olympic sells subsidiary that owns Hilton hotel building in Estonia
OEG group company Jessy Investments has entered into an agreement to divest the 100 per cent holding in its Estonian subsidiary Kesklinna Hotelli OÜ that owns the hotel and entertainment complex building in Tallinn, where the Hilton Tallinn Park hotel and the flagship casino of OEG group, Olympic Park Casino, are based in. The buyer…
