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Olympic Entertainment Group Launches Malta’s Fourth Casino

Olympic Entertainment Group Launches Malta’s Fourth Casino

A casino that is fourth doorways in Malta after it absolutely was issued the mandatory license by the nation’s Gaming Authority. The gambling location has been developed and is become operated by Estonian gambling operator Olympic Entertainment Group and partner that is local Leisure Gaming.

Casino Malta by Olympic Casino, while the place is named, may be the Estonian company’s one that is largest and it is located in one of Malta’s preferred tourism destinations. The video gaming center spreads over 3,000 meters that are square is section of Malta InterContinental Hotel. Gambling customers can be found 285 slots, 2 electronic roulette tables, also 29 tables for poker and other popular casino games.

A spacious sports gambling club is also among the list of attractive amenities offered by the place. In addition, a large lounge area would offer visitors with regular entertainment that is live.

Currently, you can find 175 people employed 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 is the one that is largest on the island therefore the largest one operated by Olympic Entertainment. Developers invested the amount that is total of million in its establishment. They told media that the casino features the slot machines that are latest as well as the best dining table games and is aimed at attracting the interest of both local and international gambling customers.

Commenting in the casino opening, owners Ian and Kevin De Cesare commented that they’re exceptionally thrilled to finally introduce their location. They further noted that their partners that are experienced Olympic Entertainment can certainly make sure that the island’s gambling industry are expanded in the place of cannibalized by foreign operators.

The two owners also pointed out that the casino is situated in a well known hotel and that it’s managed by founded gambling and activity operators could be ‘a tremendous winning formula.’

In addition to 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 more than 3,000 individuals and it is among the list of biggest providers of land-based gambling options in European countries. It’s also crucial to note that the operator that is estonia-headquartered a full member of the European Casino Association.

IGT Launches Very First GTECH Game on Social Casino Site

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

Treasures associated with Pyramids is just a 5-reel, 40-payline Egyptian-themed slots game which includes already gathered a serious great deal of appeal in land-based casinos. Commenting in the latest announcement, DoubleDown Interactive Senior Vice President and General Manager Joe Sigrist stated that starting this very first GTECH title is an important milestone for IGT since it showcases IGT and GTECH’s blended strength.

Mr. Sigrist further noted that Treasures regarding the Pyramids is an already well-known game in brick-and-mortar casinos and leveraging its popularity through IGT’s social casino platform would provide players of those forms of games with a lot more content that is engaging. Thus, the video gaming developer would be able to further establish itself among the leaders within the creation and circulation of cross-platform content, the professional included.

Nevada-based International Game Technology 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 plus the Nevada Gaming Control Board gave their approval for the offer. The merger between your two gaming giants became effective as of 2015 april. Previous GTECH CEO Marco Sala had been appointed as CEO of International Game Technology PLC, while the merged entity ended up being called.

After the deal was completed, IGT further established its positions among the leaders within the manufacturing of lottery and gaming devices along with the provision of numerous solutions and alternatives for the gaming and lottery industries.

Throughout the third quarter of 2015, play and go mobile casinos the company posted considerable increases in a number of key performance indicators. As an example, it produced income of $1.2 billion, up 30% from the period that is same 2014. IGT’s adjusted EBITDA increased 21% to $414 million.

Adjusted operating income for the three months finished September 30 totaled $258 million, up 26% when compared with the figure posted for similar period a year ago. IGT CFO Alberto Fornaro said that the reported outcomes reflected the business’s ‘disciplined functional management’ and variety.

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