Baltics

Olympic Entertainment Group revenues up

Published

7 years ago

July 13, 2018

Zoltan Tundik

Reading Time: < 1 minute

It has been a strong year for the Estonia-based Olympic Entertainment Group, which has released its results for the half year to June 30, 2018. The figures show revenues before gaming taxes of €95.5m compared with €94.3m for the equivalent period of the previous year. This is a €1,2m climb and despite losing a case with the District Administrative Court in Riga, the operator looks stronger than ever.

OEG has operations in six countries and the reports show that its Malta activities performed the best. The was a climb of 26 per cent from €6.2m in the first half of 2017 to €7.8m. The figures in Italy also show a strong rise where the company recorded a five per cent uplift from €15.5m to €16.3m.

Elsewhere the company had a 2.6 per cent improvement in its home territory, Estonia, from €21.5m to €22.1m and a minor improvement in Latvia, up 0.1 per cent from €30.2m to €30.3m.

Source: interGameOnline

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Zoltan Tundik

Zoltán is a self-taught publisher and events organizer who has developed several brands and services that have increased the notoriety of his company within multi-billion dollar industries. In 2018, he has become a TEDx speaker and talked about reputation management in the digital era. As Co-Founder of HIPTHER Agency, Zoltan has helped develop highly respected online news portals, virtual and in-person conferences that cater to multiple industries on 5 continents. Among the developed brands and services you can find online news portals that cover several tech industries, gaming, blockchain, fintech, artificial intelligence, and more. In parallel, the company has built a portfolio of annually organized boutique-style conferences in Europe and North America. All the events organized by his company focus on bringing a wealth of information about the latest innovation in several industries such as Entertainment, Technology, Gaming and Gambling, Blockchain, Artificial Intelligence, Fintech, Quantum Technology, Legal Cannabis, Health and Lifestyle, VR/AR, eSports and many more. Zoltan enjoys writing articles on all portals owned by the HIPTHER Agency, talking at conferences, hosting the weekly HIPTHER Talks Podcast, and loves spending time with his family. Zoltan is a duathlete who enjoys training for different international competitions which include running and cycling.