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Positive Earnings For Olympic Entertainment Group
1/27/2012 : Latvian business the top performer in growth
Following a strong set of 9M/2011 results Olympic Entertainment Group (OEG) has posted its latest performance figures for the FY 2011 and Q4/2011 periods, showing growth in all three regions.
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 and is obliged to provide its results to the Estonian Association of Gambling Operators and its members, Latvian Gambling Inspection and Lithuanian Gambling Inspection.
Key Performance Highlights include:
- Olympic Casino Eesti AS:
- Gaming revenues for 2011 totaled Euro 27.9 million (2010: Euro 24.9 million), up 12 percent
- Gaming revenues for Q4 of Euro 8.1 million, up 20.9 percent
- Olympic Casino Latvia SIA
- Gaming revenues for 2011 totaled Euro 27.5 million (2010: Euro 22.6 million), up 21.7 percent
- Gaming revenues for Q4 of Euro 8.0 million, up 19.4 percent
- Olympic Casino Group Baltija UAB
- Gaming revenues for 2011 totaled Euro 17.9 million (2010: Euro 16.1 million), up 11.2 percent
- Gaming revenues for Q4 of Euro 4.9 million, an increase of 19.5 percent
Danske Spil Bingo Moves to Microgaming -
The national lottery of Denmark, Danske Spil, is live on the Microgaming Bingo Network. Danske Spil, the Danish national lottery, is live on the Microgaming Bingo Network following a change to its licence conditions.
Quickfire live on Strendus -
Quickfire powered by Microgaming is extending its reach in the LatAm region with the signing of Strendus. Strendus is the online division of Logrand Entertainment Group. The group comprises several companies that operate gaming and entertainment establishments in Mexico, running 14 land-based casinos in total.
Quickfire content live on BetatHome -
Online gaming and sports betting company bet-at-home was founded in 1999. Today the company has 4.8 million registered customers around the world, offering sports betting, casino, live casino, Vegas games, poker and virtual sports.
Microgaming has donated £30,000 between four charities -
Gift of Giving provides Microgamingís customers the opportunity to vote for one of several charities in their region. In lieu of Christmas gifts, £30,000 is split equally between four global regions: Isle of Man, UK and Europe, Africa, and Rest of the World.
Entertainment Betting Odds: 90th Academy Awards -
The Shape of Water leads Sundayís 90th Academy Awards (8 PM ET, ABC) with 13 Oscar nominations, but when it comes to Best Picture, this highly-acclaimed film is a +140 second-favorite behind Three Billboards Outside Ebbing, Missouri at Ė115.
Fair Play Bets and QuickFire in Deal -
Fair Play Bets enjoys an unrivalled reputation for an outstanding player experience, with secure deposits and withdrawals, surprising casino bonuses and committed customer support. Fair Play Bets is licensed in UK, Malta and Curacao.
Cavaliers Aim to Take Down Wizards on 2/22/18 -
The Cleveland Cavaliers have looked like a different team since making their moves at the trade deadline. The Washington Wizards are up next for the Cavaliers, who will be at home after the All-Star break.
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