Shared by Artur on January 15, 2020

Olympic Entertainment Group Launches Malta’s 4th Casino

A casino that is fourth doors in Malta after it absolutely was provided the necessary license by the nation’s Gaming Authority. The gambling location happens to be developed and is to be operated by Estonian gambling operator Olympic Entertainment Group and regional partner Eden Leisure Gaming.

Casino Malta by Olympic Casino, once the venue is known as, is the Estonian company’s one that is largest and it is based in one of Malta’s most widely used tourism locations. The video gaming facility spreads over 3,000 meters that are square is part of Malta InterContinental Hotel. Gambling customers can be found 285 slots, 2 electronic roulette tables, in addition to 29 tables for poker and other popular casino games.

A roomy activities bar that is betting additionally among the list of attractive amenities provided by the venue. In addition, a big lounge area would offer visitors with weekly entertainment that is live.

Currently, there are 175 individuals used during the casino that is new. They’ve been trained both in Maltese along with other European casinos for the last months that are several.

Casino Malta by Olympic Casino is the largest one on the island and also the largest one operated by Olympic Entertainment. Developers invested the amount that is total of million in its establishment. They told news that the casino features the latest slot machines while the best table games and aims at attracting the attention of both neighborhood and international gambling customers.

Commenting regarding the casino opening, owners Ian and Kevin De Cesare commented that they are acutely very happy to finally introduce their venue. They further noted that their experienced lovers from Olympic Entertainment can make certain the area’s gambling industry will be expanded instead of cannibalized by international operators.

The two owners also pointed out that the casino is situated in a well known resort and it is managed by established gambling and entertainment operators will be ‘a tremendous winning formula.’

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

IGT Launches First GTECH Game on Social Casino Site

Internationally respected designer of gaming solutions International Game Technology PLC announced on Tuesday that the game that is first of legacy GTECH video gaming catalog happens to be launched on the business’s social casino site DoubleDown Casino and it is available these days for desktop and mobile.

Treasures associated with the Pyramids is a 5-reel, 40-payline Egyptian-themed slots game which has already collected a significant great deal of popularity in land-based gambling enterprises. Commenting in the announcement that is latest, DoubleDown Interactive Senior Vice President and General Manager Joe Sigrist said that releasing this first GTECH name is a significant milestone for IGT as it showcases IGT and GTECH’s combined energy.

Mr. Sigrist further noted that Treasures regarding the 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 the kinds of games with a lot more engaging content. Hence, the video gaming designer will be able to help expand establish it self as one of the leaders into the distribution and creation of cross-platform content, the administrator added.

Nevada-based International Game Technology and lottery that is italian 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 and also the Nevada Gaming Control Board offered their approval for the offer. The merger between the two gaming leaders became effective as of 2015 april. Previous GTECH CEO Marco Sala was appointed as CEO of International Game tech PLC, as the entity that is merged called.

After the deal was finished, IGT further established its jobs as one of the leaders within the production of lottery and gaming machines plus the provision of numerous solutions and choices for the gaming and lottery companies.

Throughout the quarter that is third of, the company posted considerable increases in a number of key performance indicators. For example, it created income of $1.2 billion, up 30% through the same duration 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% as compared to the figure posted for similar period last year. IGT CFO Alberto Fornaro said that the reported results reflected the company’s ‘disciplined operational management’ and variety.