Announcements

Olympic Casino Latvia opens its second slots casino in Riga

Posted on 15.07.2004

Olympic Casino Latvia Ltd that mounted a major expansion in the Latvian market this year has opened another City Casino concept slots casino in Riga, on 12 Marijas street.

The new casino offers its clients the most up-to-date slots with high money return – 94 per cent -, a casino-level service and a pleasant, safe atmosphere. In total 36 modern slots, including the last generation ICT and Atronic “e-motion” slot machines – are installed in the new Olympic City Casino. Around 750 000 EUR have been invested into creation of the new establishment.

Olympic Casino Latvia was founded in April 2003, and is the branch enterprise of the Estonian Olympic Casino Group. Currently Olympic Casino Latvia runs a casino in Radisson SAS Daugava hotel and two Olympic City Casinos in the centre of Riga. In the beginning of August the company plans to open another slots casino – in the shopping centre Domina.

Olympic Casino Group was established in 1993 and has become the largest gaming business company in the Baltic States with entertainment centres in Latvia, Lithuania and Estonia. There are 21 casinos in the Olympic Casino chain, 15 of which are in Estonia, 4 – in Lithuania and 3 – in Latvia.

Currently Olympic Casino Group is holding 21.5 per cent of the gaming market share in the Baltic states, and in the three markets almost 30.4 million EUR have been invested, over 9 million EUR have been paid in taxes since the foundation of the enterprise. In Latvia, Estonia and Lithuania the company employs 870 people, of which 130 in Latvia. In 2003 the turnover of Olympic Casino Latvia reached 1 million LVL (1.5 million EUR).

For more information please contact:
Ms Laila Lejina
Olympic Casino Latvia Ltd marketing manager
Ph: +371-7061175

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