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Olympic Entertainment acquires Latvian casino operator Garkalns

2nd December 2015 8:49 am GMT

Eastern European land-based gaming operator Olympic Entertainment Group (OEG) has expanded its operations in Latvia with the acquisition of casino operator SIA Garkalns.

Olympic Casino Latvia SIA, a subsidiary of OEG, already owns 37 casinos in Latvia with 1,068 slot machines and 19 gaming tables in operation, generating revenue of €48m last year.

The acquisition of Garkalns, first agreed in July of this year, sees Olympic Casino take control of another 20 [...]

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