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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