OEG DELIVERS POSITIVE RESULTS

26th January, 2012 :: 11:10:35

Source: Casinos Online

Latvian business the top performer in growth

Following a strong set of 9M/2011 results Olympic Entertainment Group (OEG) has posted its latest performance figures for the FY 2011 & Q4/2011 periods, showing growth in all three regions.

OEG operates three sites in the region: Olympic Casino Eesti AS in Estonia; Olympic Casino Latvia SIA; & Olympic Casino Group Baltija UAB in Lithuania & is obliged to provide its results to the Estonian Association of Gambling Operators & its members, Latvian Gambling Inspection & Lithuanian Gambling Inspection.

Key Performance Highlights include:

- Olympic Casino Eesti AS :

- Gaming revenues for 2011 totaled Euro 27.9 million (2010: Euro 24.9 million), up 12 percent

- Gaming revenues for Q4 of Euro 8.1 million, up 20.9 percent

- Olympic Casino Latvia SIA

- Gaming revenues for 2011 totaled Euro 27.5 million (2010: Euro 22.6 million), up 21.7 percent

- Gaming revenues for Q4 of Euro 8.0 million, up 19.4 percent

- Olympic Casino Group Baltija UAB

- Gaming revenues for 2011 totaled Euro 17.9 million (2010: Euro 16.1 million), up 11.2 percent

- Gaming revenues for Q4 of Euro 4.9 million, an increase of 19.5 percent

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