Tag Archives: Olympic

OEG revises Lithuania profile to counter ‘aggressive taxes’

The governance of Olympic Entertainment Group (OEG), Eastern Europe’s largest omni-channel gambling operator, has confirmed that it will reduce its active Lithuanian portfolio by closing down nine betting shops and two casino arcades. The decision follows on from the OEG performance review of its ‘Baltija’ (Baltic) subsidiary, in which governance underlined that inbound tax hikes on Lithuanian retail verticals had …

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Camelot moves to secure board strengthening

Copyright: sowari / 123RF Stock Photo

Camelot UK Lotteries Limited has announced a duo of executive appointments, strengthening its board “in accordance with the Board Governance Review process that the company is currently undertaking”. Incoming is Sir Hugh Robertson as the new Camelot Chairman with immediate effect, the current Chair of the British Olympic Association (BOA), with a number of senior roles previously held, including serving …

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Paddy Power offers Yorkshire Mayoral odds as devolution plan hits the Commons

Today will see Yorkshire’s bid for devolution take to the House of Commons as the county seeks more autonomy, including electing a mayor for the entire region. Paddy Power have slashed the odds on Yorkshire holding an independence referendum to 10/1, whilst also divulging the odds for the identity of the first mayor, should the county receive the devolved powers …

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Olybet – Granted Gaming Licence in Lithuania

Last Friday the 13th of December 2013, Olympic Entertainment Group, the holding company of Olybet sports betting brand was granted a sports betting and gaming license allowing the operator to offer and promote gaming products to Lithuania citizens. Olybet are set to target the region by opening sports betting cafes and offering customer sports betting services online Olympic Entertainment Group, …

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