Olympic Casino enters the new niche on the Lithuanian casino market
Posted on 27.08.2007
B category slot machines differ from A category slot machines by limited bet and winnings and lack of additional winning opportunities. According to Mart Relve, member of the Management Board of OEG, the Lithuanian market of B category slot machines is growing and Olympic Casino aims to become part of this growth.
“In recent years, the Lithuanian market of B category slot machines has been growing faster than the market of A category slot machines. The arrival of a new operator should be a good news for the customers,” said Relve in comment. “The success factors of Olympic Casino are innovative and modern games. We also pay a lot of attention on the interior design of the gaming halls.”
The first B category Olympic Casino that was opened on Friday, August 24, has 36 slot machines. The 200 square meter gaming location is designed in the Havana style. By the end of this year Olympic Casino plans to open up to four B category gaming halls in Lithuania and next year to expand to outside Vilnius. Until now there were 4 companies operating on the Lithuanian market of limited winning opportunities with a total of almost 60 gaming locations.
Olympic Casino received the license to operate a B category slot machine casino with limited winnings this February. Maximum bet in a B category slot machines is 1 Lithuanian litas and the maximum winning is 200 litas. Until now Olympic Casino operated in Lithuania A category slot machines casinos that in addition to gaming tables offered unlimited winnings. Together with the casino opened today there are now 11 Olympic Casinos in Lithuania.
Olympic Entertainment Group that operates under the Olympic Casino brandname is the largest provider of casino entertainment in the region, employing more than 3,000 people. OEG is the full member of the European Casino Association (ECA) and a major sponsor of the Estonian and Polish Olympic Committees. At present the Group operates casinos in Estonia, Latvia, Lithuania, Byelorussia, Ukraine, Romania and Poland, and has set up a subsidiary in Slovakia. Shares of OEG are traded in the Main List of the Tallinn Stock Exchange.
Member of the Management Board
Olympic Entertainment Group
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