Baltics
Olympic Entertainment Group loses Latvian lawsuit

The listed Estonian casino operator Olympic Entertainment Group (OEG) announced on Friday that it has received a decision of the District Administrative Court in Riga concerning the OEG casino at the address 1 Pragas Street, in which the court has ruled in favor of the Riga City Council.
According to the city council’s decision, the casino has to close in October 2022. OEG will appeal the decision to higher level court, OEG said in a disclosure to the stock exchange.
42 gambling halls were struck by Riga City Council’s decision to close them (apart from those located in five- or four-star hotels) back in May 2017.
Their respective operators have turned to court to appeal the decision and keep their operations running but it seems that there is no good news ahead for gambling companies.
Olympic Entertainment Group CEO Madis Jääger had previously asserted that – should the Court rule as it just has – the operator (which operates seven out of the 42 halls affected) “will appeal the decision to higher level court.” Still, the company will see its Olympic Voodoo Casino’s revenues benefit from the City Council’s decision as it doesn’t fall under the ban and will attract gamblers from all the other venues.
Source:FocusGamingNews
-
eSports3 hours ago
TEAM VITALITY AND PARIS SAINT-GERMAIN ESPORTS ANNOUNCE EA FC COLLABORATION
-
Compliance Updates6 days ago
SOFTSWISS Compliance Expert Shares Knowledge on AML in iGaming for Sumsub Academy
-
Asia6 days ago
Tesla to showcase Model Y with NODWIN Gaming at the thrilling BGMS Season 4 Grand Finals
-
Africa6 days ago
Racing1 is exhibiting for the first time at the Grand Prix D’Afrique
-
Latest News6 days ago
Åland-Based Gaming Company Paf Becomes Main Partner of the Finnish Ski Association – One of the Most Significant Sponsorship Agreements in the Association’s History
-
Latest News6 days ago
Kaizen Gaming data – FC Barcelona the fan favourite to win the Champions League
-
Latest News6 days ago
Animo Studios debuts virtual hosts for live table games starting with Stake
-
Latest News6 days ago
Week 37/2025 slot games releases