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OEG and GHolding form Italian joint venture

3rd August 2012 6:52 am GMT

Eastern European casino operator Olympic Entertainment Group (OEG) and Italy’s GHolding have agreed to set up a joint venture to operate Video Lottery Terminal (VLT) facilities in the regulated Italian market.

The 50-50 joint venture company, The Box S.r.l., will initially seek to operate three medium-sized VLT casinos in Northern Italy, with Italian gaming giant Lottomatica providing the licence and VLTs for the operation.

“This is a major challenge for us, being the first time that Olympic [...]

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