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Good third quarter for OEG
Tuesday October 15,2013 : OEG REPORTS RESPECTABLE THIRD QUARTER RESULTS
Sees double digit revenue growth from Latvian sector
The Olympic Entertainment Group made its obligatory declaration to the Estonian Association of Gambling Operators outlining its gaming revenues for the nine-month period ended September 30, 2013.
Through its subsidiaries, Olympic Casino Eesti AS, Olympic Casino Latvia SIA, Altea SIA and Olympic Casino Group Baltija UAB, unaudited gaming revenues for the period yielded:
Gaming revenues derived from the Estonian Sector for the 9-month period totaled Euro 23.7 million (9M/2012: Euro 22.7 million), representing a 4.4 percent increase, of which Quarter 3 contributed Euro 8.7 million (Q3/2012: Euro 8.4 million), up 3.7 percent.
The Latvian sector produced gaming revenues for the 9-month period of Euro 25.3 million (9M/2012: Euro 22.6 million), up 11.8 percent. Quarter 3 delivered Euro 10.3 million (Q3/2012: Euro 8.2 million), representing a 25.7 percent increase.
Lithuania delivered gaming revenues for the 9-month period of Euro 14.6 million (9M/2012: Euro 13.5 million), an increase of 8.4 percent. Quarter 3 revenues totaled Euro 5.2 million (Q3/2012: Euro 4.7 million), up 9.4 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 -
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