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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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Kentucky Derby Odds: Justify still Favorite -
With all the races on the Road to the Kentucky Derby complete, Justify is still on top of the odds list at 4/1. But he’s got company: Mendelssohn (9/2), Audible (11/2) and Magnum Moon (8/1) are all very much in contention for the big race on May 5.
888Poker Takes Over the States -
With more and more states moving toward online casino integration, an increasing number of international players are moving in on American territory. Who will take the crown of the most popular online poker venue in the United States?
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The gambling ICOs that are being launched in 2018 are of better quality. Unlike the last half of 2017 when ICOs were numerous, the first few months of 2018 have seen a big drop in number.
MPN Poker Tour Bratislava | Day 2 -
It was a hard fight around the bubble, culminating in the elimination of Georgios Drakakis in 46th place. He received a surprise consolation entry into the next MPNPT stop in Sunny Beach, Bulgaria (5-8 July), which softened the blow of missing out on a €900 min-cash.
MPN Poker Tour Bratislava Day 1B -
Dorey Captures Chip Lead After MPNPT Bratislava Day 1b Triples 1a Field Size. The second flight of the €550 MPN Poker Tour Bratislava Main Event is in the bag, and so are the chips of 97 players who will be returning along with the 26 Day 1a survivors to fight to the money and beyond today
MPN Poker Tour Bratislava Day 1A -
The MPN Poker Tour has arrived in Bratislava for the very first time, bringing with it the Tour’s friendly mix of local and globe-trotting poker enthusiasts, pros and qualifiers to the beautiful Slovakian capital.
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