OEG`s casino entities unconsolidated unaudited revenues for the year and Q4 of 2010 in Estonia, Latvia and Lithuania.
Posted on 17.01.2011
OEG’s subsidiaries Olympic Casino Eesti AS, Olympic Casino Latvia SIA and Olympic Casino Group Baltija UAB unconsolidated unaudited revenues for the year and Q4 of 2010
OEG publishes its subsidiaries 2010 unconsolidated unaudited revenues due to the obligation of announcing this information to Estonian Association of Gambling Operators and its members, Latvian Gambling Inspection and Lithuanian Gambling Inspection.
Olympic Casino Eesti AS unconsolidated unaudited revenues of 2010 totalled 402.6 million EEK (25.7 million EUR), including 108.4 million EEK (6.9 million EUR) of Q4 revenues. Last years` unconsolidated revenues amounted to 360.9 million EEK (23.1 million EUR), including 95.8 million EEK (6.1 million EUR) earned in Q4. Therefore, the unconsolidated revenue growth composed 11.6% or 41.6 million EEK (2.7 million EUR), including 13.1% or 12.6 million EEK (0.8 million EUR) growth within the fourth quarter. Gaming revenues from online casino for the year of 2010 were 19.3 million EEK (1.2 million EUR).
Olympic Casino Latvia SIA unaudited revenues for 2010 totalled 371.6 million EEK (23.8 million EUR), including 111.2 million EEK (7.1 million EUR) within the Q4. Last years` revenues totalled 353.5 million EEK (22.6 million EUR), including 87.2 million EEK (5.6 million EUR) within the Q4. Therefore, the revenue growth of 2010 composed 5.1% (including 27.5% within the Q4).
Olympic Casino Group Baltija UAB unaudited revenues for the year of 2010 totalled 253.5 million EEK (16.2 million EUR), including 63.8 million EEK (4.1 million EUR) within the fourth quarter. Last years` revenues totalled 275.2 million EEK (17.6 million EUR), including 62.2 million EEK (4 million EUR) in the Q4. Therefore, revenue decline compared to 2009 composed 7.9% (at the same time fourth quarter revenue grew by 2.6% compared to the same period a year ago).
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