Tag Archives: Olympic Entertainment Group

Issuing a market update, Tallinn (Estonia) listed gambling operator Olympic Entertainment Group (OEG) has confirmed that it will merge Eastern European assets following the publication of its end of year results. Undertaking a corporate review of operational assets in its eight active markets (Estonia, Slovakia, Poland, Belarus, Latvia, Lithuania, Italy and Malta) OEG governance announced that it would merge business …

Tallinn listed Olympic Entertainment Group AS (OEG) has announced a strong H1 2015 performance as group revenues increased 12% to €80.7 million (H1 2014 €73.7 million). The operator, which has a strong presence in Eastern European markets, recorded performance increases throughout all its core metrics with EBITDA earnings of €18.4 million (H1 2014 €16.7 million). OEG would record net operating profits …

Eastern European gambling and sports betting operator Olympic Entertainment Group (OEG) has reported full year 2014 net revenues of €141 million (£109 million) up 3.8% on the €136 million (£105 million) posted for 2013. The gambling operator cited that its positive performance had been driven by expansion into new markets as OEG saw a 21% €43.9 million net revenue lift …