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ESTONIA'S FIRST ONLINE CASINO LICENSEE REPORTS RESULTS
Posted 1/19/11 : Olympia shows the way with a rewarding 2010
The Baltic states clearly have good online gambling potential, judging by Q4 and FY 2010 unaudited results published by Olympic Entertainment Group this week. Group subsidiary Olympic Casino Eesti AS - the first to achieve licensing from Estonia - reported a 12 percent rise in revenues to Euro 25.7 million) for the 2010 financial year.
Powered by Playtech, which has a strong presence in the Baltic, the OEG operates three sites in the region: Olympic Casino Eesti AS in Estonia; Olympic Casino Latvia SIA; and Olympic Casino Group Baltija UAB in Lithuania.
The company is obliged to report its business numbers by regulators in Estonian Association of Gambling Operators, Latvian Gambling Inspection and Lithuanian Gambling Inspection.
Olympic Casino Eesti AS unaudited revenues for 2010 rose just under 12 percent and totalled Euro 25.7 million, including Euro 6.9 million of Q4 revenues (a Euro 800 000 rise on Q4:2009).
Olympic Casino Latvia SIA unaudited revenues for 2010 totalled Euro 23.8 million, including Euro 7.1 million within Q4. Last years` revenues totalled Euro 22.6 million, including Euro 5.6 millionwithin Q4.
Olympic Casino Group Baltija UAB unaudited revenues for the year of 2010 totalled Euro 16.2 million, including Euro 4.1 million within the fourth quarter, compared with 2009 numbers of Euro 17.6 million, and Euro 4 million in Q4 respectively - a decline of almost 8 percent over the year, although Q4 revenues picked up and were 2.6 percent better than the previous year,
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US$30M DUBAI WORLD CUP -
Racecourse Media Group and Meydan to showcase world’s richest raceday to more than 150 territories The Dubai World Cup is the first horse race to be broadcast live on airlines and cruise lines
NHL Odds: Forsberg Faces Elliott in Nashville -
The last time the Nashville Predators played against the Calgary Flames, Calgary had a 4-1 lead five minutes into the second period. Nashville responded with four back-to-back goals, including a hat trick from centreman Filip Forsberg. Both teams went into overtime with five goals, and Calgary defenseman Mark Giordano (12 goals, 22 assists) scored the winning goal.
NBA Odds: Hawks, Wiz in Southeast Showdown -
The Washington Wizards (42-27 SU, 36-32-1 ATS) can pretty much secure the Southeast Division title with a win Wednesday night over the Atlanta Hawks (37-32 SU, 31-38 ATS). Tip-off is at 8 PM ET on ESPN; the Wizards lead Atlanta by five games with less than a month remaining before the playoffs.
NBA Odds: Clippers Try to Slow Down Bucks in LA -
Milwaukee Bucks small forward Giannis Antetokounmpo and Los Angeles Clippers power forward Blake Griffin are two of the most talented and versatile forwards in the NBA. The two lead their teams into battle on Wednesday in Los Angeles.
NHL Odds: Canadiens Welcome Islanders Tonight -
The Montreal Canadiens (32-20-8) welcome the New York Islanders (28-21-10) on Thursday (7:30 PM ET on SNE). After getting their first victory under new head coach Claude Julien, the Canadiens will look to build on that momentum against a red-hot Islanders team.
NHL Odds: Reeling Flyers Seek Relief in Pittsburgh -
#nhl The Philadelphia Flyers have been a bit off since the holidays. They’ve won just eight games since the Christmas break, and now they’ve got a tough one coming up this Saturday night against the Pittsburgh Penguins.
Dollars to Donuts Slot Launch -
Firstly, it's a classically styled, easy playing 3-reel with five pay lines featuring a traditional icon set of bars and sevens.
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