Olympic Casino’s Chairman of the Board Armin Karu wins Investor’s Friend of the Year Award

Posted on 08.03.2007

Armin Karu won the award for the successful initial public offering of shares of Olympic Entertainment Group that have been listed on the main list of the Tallinn Stock Exchange from October 2006.

The award was issued by the Estonian Association of Investors and business magazine Profit.

The stock market debut of Olympic Entertainment Group has also won international acclaim: at the end of 2006 Olympic’s IPO was named the best IPO of the year by East Capital, one of the largest financial investors in Eastern Europe.

Olympic Entertainment Group that operates under the brand of Olympic Casino is the largest provider of casino entertainment in the Baltic states. At present it has 24 casinos in Estonia, 38 casinos in Latvia, 10 casinos in Lithuania, 9 casinos in Ukraine and 1 casino in Belarus. According to a contract signed last week and pending the approval of authorities, Olympic Entertainment Group will acquire Kristiine Kasiino that will increase the number of casinos owned by the company in Estonia by 11 locations.

Olympic Entertainment Group has more than 2,600 employees.

The work procedures of Olympic Casino are certified according to the international ISO 9001 quality requirements. The company is the full member of the European Casino Association.

For additional information:

Katre Kaarenperk-Vanatoa
Chief Marketing Officer
Olympic Entertainment Group
Phone + 372 667 1255

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