Playtech PLC : Playtech Launches Casino Product with Olympic Entertainment … – 4

Playtech, an international designer, developer and licensor of software and services for the online, mobile, TV and land-based gaming industry, announced the launch of its casino product with Olympic Entertainment Group’s (OEG) new brand, OlyBet.

According to a release, OEG is a gambling and entertainment service provider and a long term licensee of Playtech. This launch strengthens the relationship between the two companies as OEG expands its operations into Estonia and Latvia with its new brand OlyBet with Playtech as their exclusive casino provider. To maximize value from the penetration of these two new markets OEG has chosen once again to rely on Playtech’s expertise and global credentials in meeting regulatory requirements.

Kaido Ulejev, Head of OlyBet, said, “With the help of Playtech, we arelaunching something truly unique to support our landbased casino and sports baroperations, as OlyBet provides the region’s greatest selection of online casinogames, delightful poker interface, the best selection of eventsand the most favourable odds for sports betting.”

Shay Segev, Playtech’s COO, said, “Playtech is thrilled to take part in OlyBet’s launch and is delighted about the opportunity to enter new regulated markets. We are honoured OlyBet has chosen Playtech as their exclusive casino provider and are confident that our offering in the casino space will allows OlyBet to reach its goals and revenue targets.”

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