Baltics

OlyBet is official sponsor for Baltic Basketball League

Published

7 years ago

October 2, 2018

Niji Narayan

OlyBet is official sponsor for Baltic Basketball League

Photo Source: mattwemet.com

Reading Time: < 1 minute

OlyBet, a betting company based in Estonia, has become the official sponsor of Baltic Basketball league. The league titled, OlyBet Estonian Latvian Basketball League, was officially launched last week as a result of the decision made in spring to discontinue Baltic Basketball League. It features 15 top basketball clubs from both countries.

Veiko Krünberg, Managing Director of OlyBet, said the sponsorship deal is for three years.

“As a top supporter of basketball in the Baltic countries it was a question of honor to be in the game from day one,” Krünberg said welcoming the launch of a new major league in the region.

“Basketball is one of the most popular sports in both Estonia and Latvia, which is why this comprehensive cooperation will definitely strengthen OlyBet’s position even more as a top sports betting brand in the Baltic States,” Krünberg added.

OlyBet is a major supporter of basketball in the region having been the General Sponsor of top Lithuanian basketball club Zalgiris Kaunas for the last years and currently also sponsoring Latvian and Estonian national basketball team.

Related Topics:

Up Next

Estimates show $2 billion revenue loss for Ukraine due to gambling ban

Don't Miss

Gambling revenues rise in Paraguay

Niji Narayan

Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.