London-listed gaming solutions provider Playtech has secured a long-term deal to supply its Neon casino management system to Tallinn-listed gaming operator Olympic Entertainment Group (OEG).
The Neon system, developed by Playtech subsidiary Intelligent Gaming Systems (IGS), will connect more than 100 of OEG's casinos in five countries, covering approximately 3,500 electronic gaming machines and more than 150 gaming tables.
OEG already utilises the solution in a number of its venues including its latest casino, the Olympic Park Casino in Tallinn.
The roll-out is expected to be completed this year, with OEG also deploying Neon's functionality to support anti money laundering (AML) controls and to comply with General Data Protection Regulation (GDPR).
"We have worked closely with the Olympic team for many years and look forward to completing the roll out and activating Neon's premium functionality," said IGS managing director Martin Sykes. "Olympic is one of the world's most successful, innovative and professional operators and we are very proud to have been chosen as the group’s long-term strategic partner."
Playtech said that the Neon system will run from a data centre within each country and will be configured to suit the requirements of each jurisdiction, while the enterprise solutions will consolidate data from OEG's international and multi-channel operations.
OEG owns a total of 117 land-based casinos across Europe, including 24 casinos in Estonia, 52 in Latvia and 18 in Lithuania, as well as venues in Slovakia (7), Italy (15) and Malta (1).
"We are looking forward to taking full advantage of Neon by operating the system across all of our international operations," said Oleg Jurtšenko, chief information officer of OEG. "We evaluated all the leading systems and selected Playtech because of their understanding of our requirements, modern architecture and willingness to adapt Neon to our needs."
Shares in Playtech plc (LSE:PTEC) were trading marginally down by 0.23 per cent at 789.60 pence per share in London Wednesday, while shares in Olympic Entertainment Group AS (TLX:OEG1T) were trading at €1.83 in Tallinn.