Olympic Entertainment Group (OEG) is an

Estonia Estonia, formally the Republic of Estonia, is a country by the Baltic Sea in Northern Europe. It is bordered to the north by the Gulf of Finland across from Finland, to the west by the sea across from Sweden, to the south by Latvia, a ...

n concern which focuses on entertainment business. The Group is the leading provider of gaming services in Baltic States and also operates

casino A casino is a facility for certain types of gambling. Casinos are often built near or combined with hotels, resorts, restaurants, retail shopping, cruise ships, and other tourist attractions. Some casinos are also known for hosting live entertai ...

s in

Italy Italy ( it, Italia ), officially the Italian Republic, ) or the Republic of Italy, is a country in Southern Europe. It is located in the middle of the Mediterranean Sea, and its territory largely coincides with the homonymous geographical ...

Malta Malta ( , , ), officially the Republic of Malta ( mt, Repubblika ta' Malta ), is an island country in the Mediterranean Sea. It consists of an archipelago, between Italy and Libya, and is often considered a part of Southern Europe. It lies ...

and

Slovakia Slovakia (; sk, Slovensko ), officially the Slovak Republic ( sk, Slovenská republika, links=no ), is a landlocked country in Central Europe. It is bordered by Poland to the north, Ukraine to the east, Hungary to the south, Austria to the s ...

. The company's board members are Indrek Jürgenson since October 1, 2009 and Madis Jääger since December 27, 2010.

History

In March 2018, the

Luxembourg Luxembourg ( ; lb, Lëtzebuerg ; french: link=no, Luxembourg; german: link=no, Luxemburg), officially the Grand Duchy of Luxembourg, ; french: link=no, Grand-Duché de Luxembourg ; german: link=no, Großherzogtum Luxemburg is a small lan ...

-based holding Novalpina, through its subsidiary Odyssey Europe AS, offered to buy all the shares of Olympic Entertainment Group. The takeover bid, which reached 288 million euros, was accepted by the board of OEG. The company was delisted from the

Nasdaq Tallinn The Nasdaq Tallinn AS, formerly known as the Tallinn Stock Exchange, is a stock exchange operating in Tallinn, Estonia. Nasdaq Tallinn is the only regulated secondary securities market in Estonia. The major stock market index is Nasdaq Tallinn, f ...

in October 2018, and a new CEO, Corey Plummer, was appointed the following month. In April 2020, OEG signed an exclusive deal with GGNetwork.

Description

As of December 2018, the Group had a total of 114 casinos and 23 betting points: 24 casinos in Estonia, 52 in Latvia, 17 in Lithuania, 6 in Slovakia, 14 in Italy and 1 in Malta. As of 2019, by

revenue In accounting, revenue is the total amount of income generated by the sale of goods and services related to the primary operations of the business. Commercial revenue may also be referred to as sales or as turnover. Some companies receive reven ...

of 30 million euros, the Group is 8th in Estonia. The Group is employed 2852 people in 6 countries. The Group has been in main list of

References

External links

*{{official website Companies of Estonia