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OEG acquires Lithuanian sports-betting operator UAB Orakulas

Posted on the 04. November 2015

Olympic Entertainment Group AS signed the agreement to acquire 100% shareholding in Lithuanian sports-betting operator UAB Orakulas. The purpose of the acquisition is to increase the market share in Lithuania and more rapid penetration to Lithuanian sports-betting and newly established online gaming market. On the completion of the transaction OEG will have additional 35 betting shops.

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Consolidated unaudited results for Q3 and 9m 2015

Posted on the 27. October 2015

Key developments of the Group during the 9 months of 2015:

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Olympic Entertainment Group is increasing to 100% its holding in The Box S.r.l., a company that manages operations in Italy

Posted on the 22. October 2015

Olympic Entertainment Group AS (OEG) is acquiring a 30% holding in the Italian subsidiary The Box S.r.l., increasing its holding to 100%. The value of the acquired part is 60,000 euros. The share capital of The Box S.r.l. amounts to 200,000 euros.

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