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A better year for Olympic Groups
/2009-03-08/
2008 years for casino operator Olympic Entertainment Group was one of the best, and certainly better than 2007. Revenue last year rose to 31.1 million and were 102 percent. higher than in 2007. The group suffered a loss on operating activities of EUR 2.6 million. However, our country is already close to 20 percent. share of the revenue of OEG, giving him third place after Estonia and Latvia. The whole group revenues in 2008 amounted to 179 million and were 11.3 percent. higher than a year earlier. The increase is not impressive. Olympic translates to a reduction in overall demand for gambling in most markets in which it operates. Estimates say that the Estonian market gambling lost in 2008 to 17 percent., A Lithuanian and Latvian at 12 percent.
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