Olympic Casino invested 47,5 million in Latvia within two months

Posted on 11.08.2004

Olympic Casino, the biggest gambling administrator in the Baltics, opened up three casinos in Latvia within the last two months, the total volume of the investment being 47,5 million kroons.
The biggest casino out of the new casinos has 67 slot machines, is designed in exotic style and located in the popular Domina shopping centre, which has the biggest selection of stores in the Baltics. “We are the first operator in Latvia to open a casino in a shopping centre. We fit perfectly to Domina because their ambition is to become the leading leisure, fashion and entertainment centre in Riga,” said Marje Braunbrück, the marketing director of Olympic Casino. Investment into the casino in Domina centre is nearly 23,7 million kroons. In addition to Olympic Casino, Domina is also offering other pastime activities: several restaurants, bowling complex, centre for kids and health and lots more.

The company opened two Olympic City Casino – type big slot machine casinos in the centre of Riga in June and July by investing 11,9 million Estonian kroons into each one. The casinos on Barona and Marijas streets have the areas of 168 and 157 square meters. The first one of the two facilitates 36 and the other one 35 modern slot machines.

According to Marje Braunbrück, Olympic Casino entered the highly competitive market of gambling games in Latvia in spring last year by opening the first casino in the Radisson SAS Daugava Hotel. “The Olympic Casino in Radisson SAS is and will remain our flagship in Riga but we would like to considerably increase our market share in Latvia with new casinos,” said Braunbrück about the reasons for investing. Olympic Casino is a firm market leader in Estonia as well as Lithuania.

Slot machine casinos with modern design and strong focus on entertainment are a quickly spreading trend in the world. “We believe that our casinos with trendy design and new exciting games provide us with a considerable advantage,” Braunbrück is confident.

The interiors of these three casinos have been designed by Meelis Press. Both Olympic City Casinos have been designed according to modern city atmospheres, where shini metal and mirror surfaces are supported by timber and other design elements reflecting comfort. The casino in Domina shopping centre has been designed in exotic style, the fabrics and mirrors used in interior design give the room its final touch. Olympic Casino and Meelis Press have had a fruitful collaboration for a long time – Press’ interior design office has also designed the 1500-square meter Olympic Casino in Reval Hotel Lietuvas in Vilnius, which is the biggest casino in the Baltics.

Olympic Casino Eesti AS was founded in 1993 and is currently the biggest administrator of gambling games in the Baltic States. The chain already includes fifteen casinos in Estonia, four in Lithuania and four in Latvia at the moment. Olympic Casino provides employment to nearly 900 people in Estonia, Latvia and Lithuania. The work organisation of the company is in compliance with the requirements of the international quality standard ISO 9001. Olympic Casino is also the sponsor of the Estonian Olympic Committee.

« Back to list