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Vol. 8 No. 10, October 2009, DATELINE EUROPE

Olympic Going Online in Estonia

By GGB Staff   Mon, Oct 05, 2009

Company will consider entering all legal online jurisdictions

Olympic Going Online in Estonia

Olympic Entertainment Group will enter the online gaming market in Estonia at the start of next year. Estonia will have online regulation in place starting January 1, 2010.

The traditionally land-based gaming operator has a partnership agreement with online gaming technology provider and operator Playtech.

OEG management believes the knowledge it has acquired operating land-based casino gaming will enable it to take advantage of synergies between the two gaming formats.

Separately, OEG has announced changes to its management. Starting October 1, Indrek Juergenson will become CEO of the group and Kristi Ojakaar will serve as a member of the management board.

Current CEO Andri Avila will step down but continue to serve on the supervisory board.

Other changes will see Tarmo Kase, director of subsidiary Olympic Casino Eesti AS and Andrus Koha, director of Belarus subsidiary FE Olympic Casino Bel, leave the company.

The new CEO of Olympic Casino Eesti AS will be current development director Meelis Pielberg.

The CEO position for FE Olympic Casino Bel will be filled by Saulius Petravicius, currently CEO of Lithuanian subsidiary UAB Olympic Casino Group Baltija.

By GGB Staff

GGB Staff

Staff writers for Global Gaming Business magazine. Las Vegas, Nevada.

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