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Olympic Goes Online

Recession woes could be mitigated for Estonian company

Olympic Goes Online

Olympic Entertainment Group has launched its online casino and poker product,

An anticipated change in Estonian law allowed OEG, a publicly listed company, to plan its entry to the online gaming sector. OEG received the first online gaming license to be granted by Estonia on January 21. 

The product was developed with industry giant Playtech, whose subsidiary Videobet, a producer of server-based gaming devices and systems, is headquartered in Estonia. Playtech’s iPoker network is the largest independent poker network in the world, with more than 120 uniquely branded poker rooms hosting over 30,000 players at peak hours of operation.

The casino element of offers players more than 150 different games.

The move follows a difficult year for the multi-national casino operator, which like all other gaming companies was forced to cease operations in Ukraine. In addition, OEG closed another 44 casinos at home and abroad due to changes in market conditions and legislation.

Armin Karu, chairman of the OEG board and founder of the company, said the online casino and poker room will accept players from all over the world. The web page, gaming environment and customer support are available currently in English, Estonian and Russian, and will be offered soon in Finnish and Swedish.