OEG Entered Global Gaming Market With its New Online Casino Olympic-Online.com

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Feb 17, 2010, 12:34 ET

DOUGLAS, Isle of Man, February 17, 2010 /PRNewswire-FirstCall/ -- Olympic Entertainment Group, operating in 7 European countries, entered the global gaming market, launching today its online casino and poker room Olympic-Online.com. Opened in cooperation with the world's leading casino software developer Playtech, new online environment offers more than 150 different casino games and a possibility to play in the world's largest independent poker network iPoker.

(Logo: http://www.newscom.com/cgi-bin/prnh/20090929/360954 )

Mor Weizer, CEO of Playtech, said: "Olympic is a veteran successful land base casino chain in Europe; With our integrated platforms and enhanced games suite, we are confident that Olympic has the tools to succeed also in online gaming, providing their players with a secure and safe gaming experience and ultimately bringing greater value to the Olympic community."

According to Armin Karu, Chairman of the Board of Olympic Entertainment Group, the company has had its interest in online gaming market already for some years but as a publicly listed company it was not found possible to operate in a market that is not fully regulated. "New Gambling Law in Estonia enabled us to register the first legal online casino in Estonia and change the operations of the Group truly internationally," Karu said.

Armin Karu pointed out that despite being registered in Estonia, Olympic-Online.com is open to players from all over the world starting from the first day of operations. "The web page, the gaming environment as well as the customer support are available in English, Estonian, Russian and very shortly also in Finnish and Swedish," he added.

Olympic Casino received the first online gaming license in Estonia on 21 January 2010 and completed the software testing in cooperation with leading software developer Playtech at the end of last week. "Playtech is without a doubt the leader in its sector, therefore the selection of a strategic partner was quite easy and setting up Olympic-Online was also very quick and successful," Karu said.

About Playtech

Playtech develops unified software platforms for the online and land based gambling industry, primarily targeting existing online operators wanting to upgrade their system; sportsbooks looking to diversify and land-based operators making their online debut. Playtech gaming applications - online casino, poker, bingo, mobile gaming, live gaming and fixed-odds games - are fully inter-compatible and can be freely incorporated as stand-alone applications, accessed and funded by players through the same user account and managed by the operator by means of a single powerful management interface. Founded in 1999, Playtech has over 800 personnel distributed globally, around seventy five percent of whom are engaged in research and development of current and future gaming technologies. http://www.playtech.com

About Olympic Entertainment Group

Olympic Entertainment Group is one of the largest casino entertainment providers in the region, employing around 2400 people. OEG is a full member of the European Casino Association. Today the Group operates casinos in Estonia, Latvia, Lithuania, Belarus, Romania, Poland and Slovakia and with its online casino Olympic-Online.com all around the world. Shares of OEG are traded on the main lists of the Tallinn Stock Exchange and the Warsaw Stock Exchange. All the subsidiaries of Olympic Entertainment Group are responsible casino operators who also inform their customers about the threats related to casino games.

    For additional information please contact:

    Indrek Jurgenson
    CEO of Olympic Entertainment Group
    phone +372-667-1250
    e-mail [email protected]

    http://www.olympic-casino.com

SOURCE Playtech