Olympic Entertainment Group Launches Malta’s Fourth Casino

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Olympic Entertainment Group Launches Malta’s Fourth Casino

A casino that is fourth doors in Malta after it had been granted the mandatory permit by the country’s Gaming Authority. The gambling location happens to be developed and it is to be operated by Estonian gambling operator Olympic Entertainment Group and neighborhood partner Eden Leisure Gaming.

Casino Malta by Olympic Casino, as the venue is named, could be the Estonian business’s largest one and it is based in one of Malta’s top tourism locations. The gaming center spreads over 3,000 square meters and is part of Malta InterContinental Hotel. Gambling customers can be found 285 slots, 2 roulette that is electronic, also 29 tables for poker as well as other popular casino games.

A spacious sports betting bar is additionally on the list of appealing amenities offered by the venue. In addition, a sizable lounge area would offer site visitors with regular real time activity.

Currently, there are 175 individuals used at the casino that is new. They’ve been trained both in Maltese and other European casinos for days gone by several months.

Casino Malta by Olympic Casino could be the one that is largest on the area and also the largest one operated by Olympic Entertainment. Developers invested the total number of €12 million in its establishment. They told news that the casino features the latest slots and the most popular table games and is aimed at attracting the attention of both regional and worldwide gambling customers.

Commenting regarding the casino opening, owners Ian and Kevin De Cesare commented that they’re exceedingly pleased to finally launch their location. They further noted that their experienced partners from Olympic Entertainment will make certain the island’s gambling industry are going to be expanded instead of cannibalized by international operators.

The 2 owners additionally pointed out that the casino is found in a popular hotel and that it’s handled by founded gambling and entertainment operators will be ‘a tremendous winning formula.’

Apart from the recently launched casino in Malta, Olympic Entertainment operates venues that are gambling Estonia, Lithuania, Poland, Latvia, Belarus, Slovakia, and Italy. The organization currently employs significantly more than 3,000 people and is among the largest providers of land-based gambling options in European countries. Additionally it is crucial to note that the Estonia-headquartered operator is a full member of the European Casino Association.

IGT Launches Very First GTECH Game on Social Casino Site

Internationally respected developer of gaming solutions Global Game tech PLC announced on Tuesday that the very first game associated with legacy GTECH video gaming catalog happens to be launched on the organization’s social casino site DoubleDown Casino and is available these days for desktop and mobile.

Treasures of this Pyramids is really a 5-reel, 40-payline Egyptian-themed slots game who has currently gathered quite a great deal of popularity in land-based gambling enterprises. Commenting on the latest statement, DoubleDown Interactive Senior Vice President and General Manager Joe Sigrist stated that establishing this first GTECH name is an important milestone for IGT because it showcases IGT and GTECH’s combined energy.

Mr. Sigrist further noted that Treasures for the Pyramids is casino rewards mobile casinos an currently well-known game in brick-and-mortar casinos and leveraging its appeal through IGT’s social casino platform would provide players of the kinds of games with a lot more engaging content. Thus, the video gaming developer is able to further establish it self among the leaders in the distribution and creation of cross-platform content, the administrator included.

Nevada-based International Game tech and Italian lottery operator and provider of video gaming solutions GTECH S.p.A. first announced their merger in July 2014. After thorough regulatory review, the Nevada Gaming Commission while the Nevada Gaming Control Board provided their approval for the deal. The merger between the two video gaming leaders became effective as of 2015 april. Former GTECH CEO Marco Sala was appointed as CEO of International Game tech PLC, as the entity that is merged called.

After the deal had been completed, IGT further established its roles as one of the leaders into the manufacturing of lottery and gaming devices plus the provision of various solutions and choices for the gaming and lottery companies.

Throughout the third quarter of 2015, the company posted considerable increases in a number of key performance indicators. For example, it generated revenue of $1.2 billion, up 30% from the period that is same 2014. IGT’s adjusted EBITDA increased 21% to $414 million.

Adjusted income that is operating the 3 months ended September 30 totaled $258 million, up 26% as compared to the figure posted for similar period this past year. IGT CFO Alberto Fornaro stated that the reported results reflected the company’s ‘disciplined functional management’ and diversity.

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