International edition
June 14, 2021

Along with Eden Leisure Group

Olympic Entertainment Group to open largest casino at InterContinental Hotel

Olympic Entertainment Group to open largest casino at InterContinental Hotel
(Malta).- Olympic Entertainment Group plans to open its largest casino on Malta's most popular touristic area. OEG will begin operation of the casino under a management agreement at the Malta InterContinental Hotel.
Malta | 01/20/2015

(Malta).- Olympic Entertainment Group plans to open its largest casino on Malta's most popular touristic area. OEG will begin operation of the casino under a management agreement at the Malta InterContinental Hotel.

F

or the Malta operations, subsidiaries OEG Malta Holding Limited and OEG Malta Gaming Limited have been established in Malta. OEG owns directly or through subsidiaries 100% of the Maltese subsidiaries’ shares. OEG Malta subsidiary has concluded an agreement for the provision of casino management services and related service to Maltese company Casino Malta Ltd. and associated companies. 

As part of the transaction, OEG will acquire through the OEG Malta Holding Limited subsidiary one preferred share of Casino Malta Ltd. However, the preferred share does not confer the right to vote. OEG will invest up to €7 million in the establishment of the new casino. The Group’s largest casino, with nearly 2,700m² , will open in the second half of 2015 at the Malta InterContinental Hotel as the Casino Malta by Olympic Casino. The country’s newest gaming venue will feature more than 250 slots and nearly 30 casino and poker tables, as well as sports betting and bar area.

What is your opinion about this article?
  • I like it
    %
    0 votos
  • I don't like it
    %
    0 votos
  • I have not thought about it
    %
    0 votos
Leave your comment
Newsletter Subscription
Subscribe to receive the latest news and updates
Enter a valid email
Complete the captcha
Thank you for registering to our newsletter.
Follow us on Facebook