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Olympic Entertainment Group Launches Malta’s 4th Casino

Olympic Entertainment Group Launches Malta’s 4th Casino

A fourth casino started doors in Malta after it had been given the mandatory license by the nation’s Gaming Authority. The gambling place is developed and it is become operated by Estonian gambling operator Olympic Entertainment Group and local partner Eden Leisure Gaming.

Casino Malta by Olympic Casino, as the location is called, is the Estonian organization’s one that is largest and it is located in one of Malta’s top tourism locations. The video gaming facility spreads over 3,000 square meters and is element of Malta InterContinental Hotel. Gambling customers are offered 285 slots, 2 electronic roulette tables, also 29 tables for poker as well as other popular casino games.

A spacious sports gambling bar is additionally among the attractive amenities provided by the place. In addition, a sizable lounge area would provide visitors with regular real time entertainment.

Presently, there are 175 people used at the casino that is new. They are trained both in Maltese and other European gambling enterprises for days gone by several months.

Casino Malta by Olympic Casino is the one that is largest on the island plus the largest one operated by Olympic Entertainment. Developers invested the total number of €12 million in its establishment. They told media that the casino features the slot machines that are latest therefore the most well known dining table games and is aimed at attracting the eye of both local and international gambling customers.

Commenting in the casino opening, owners Ian and Kevin De Cesare commented that they are acutely happy to finally introduce their place. They further noted that their experienced partners from Olympic Entertainment is likely to make certain the island’s gambling industry is going to be expanded rather than cannibalized by international operators.

The two owners also noticed that the casino is situated in a popular hotel and that it’s managed by established gambling and entertainment operators could be ‘a tremendous winning formula.’

In addition to the recently launched casino in Malta, Olympic Entertainment operates gambling venues across Estonia, Lithuania, Poland, Latvia, Belarus, Slovakia, and Italy. The company currently employs a lot more than 3,000 individuals and is among the list of largest providers of land-based gambling choices in Europe. It is also crucial to see that the operator that is estonia-headquartered a complete member of the European Casino Association.

IGT Launches Very First GTECH Game on Social Casino Web Site

Internationally respected designer of video gaming solutions Global Game Technology PLC announced on Tuesday that the first game regarding the legacy GTECH video gaming catalog is launched regarding the organization’s social casino site DoubleDown Casino and is available nowadays for desktop and mobile.

Treasures regarding the Pyramids is just a 5-reel, 40-payline Egyptian-themed slots game who has currently collected a significant great deal of popularity in land-based gambling enterprises. Commenting on the latest announcement, DoubleDown Interactive Senior Vice President and General Manager Joe Sigrist said that releasing this very first GTECH title is a substantial milestone for IGT since it showcases IGT and GTECH’s blended strength.

Mr. Sigrist further noted that Treasures of this Pyramids is an already well-known game in brick-and-mortar casinos and leveraging its appeal through IGT’s social casino platform would offer players of these forms of games with much more engaging content. Therefore, the video gaming developer could be able to help expand establish it self among the leaders in the creation and distribution of cross-platform content, the professional added.

Nevada-based Overseas Game tech and lottery that is italian and provider of gaming solutions GTECH S.p.A. first announced their merger in July 2014. The Nevada Gaming Commission and the Nevada Gaming Control Board gave their approval for the deal after thorough regulatory review. The merger between your two gaming giants became effective at the time of 2015 april. Former GTECH CEO Marco Sala ended up being appointed as CEO of Global Game tech PLC, as the merged entity had been called.

After the deal was completed, IGT further established its positions as one of the leaders in the production of gaming and lottery machines plus the provision of various solutions and choices for the gaming and lottery companies.

During the quarter that is third of, the company posted considerable increases in many different key performance indicators. For example, it produced income of $1.2 billion, up 30% from the same period in 2014. IGT’s adjusted EBITDA increased 21% to $414 million.

Adjusted operating income for the three months ended September 30 totaled $258 million, up 26% in comparison with the figure posted for the same duration this past year. IGT CFO Alberto Fornaro stated that the reported outcomes reflected the company’s ‘disciplined functional management’ and variety.

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