Olympic Entertainment Group to get Rival AS MC Kasiinod

Olympic Entertainment Group to get Rival AS MC Kasiinod

Estonia-headquartered casino operator Olympic Entertainment Group (OEG) announced today that its subsidiary Olympic Casino Eesti like will purchase Estonian gambling business AS MC Kasiinod, that also owns provider of casino bar solutions OÜ Oma & Hea. OEG told news that the objective of its latest purchase is to improve its share of the market in Estonia.

After the deal is finished, OEG will handle an overall betchan casino bonus code 2019 total of 24 gambling facilities in the united states. Currently, MC Kasiinod has 4 slots gambling enterprises in Estonia and those function as many as 160 slots. A year ago, the gambling operator created revenue that is overall of million and had about 65 people working during the 4 properties. The nominal value of like MC Kasiinod’s share money is just a bit more than €1 million. The involved parties did not reveal the deal’s prize.

The proposed acquisition is currently subject to approval that is regulatory. The Estonian Competition Authority will need to supply the green light to the purchase to allow that it is completed in prompt way. OEG stated that the 4 casinos that are become acquired will need to be brought into compliance utilizing the company’s quality criteria within a after the completion of the transaction year. All four of these will then be rebranded as Olympic Casino.

Just before MC that is buying Kasiinod OEG’s subsidiary Olympic Casino managed 20 casinos across Estonia. Those featured 20 dining table games and 817 slot machines. Weiterlesen