Olympic Entertainment Group Launches Malta’s Fourth Casino
A 4th casino exposed doorways in Malta after it was issued the necessary license by the country’s Gaming Authority. The gambling place was developed and it is to be operated by Estonian gambling operator Olympic Entertainment Group and local partner Eden Leisure Gaming.
Casino Malta by Olympic Casino, because the place is called, may be the Estonian business’s one that is largest and it is positioned in certainly one of Malta’s best tourism destinations. The video gaming facility spreads over 3,000 square meters and is part of Malta InterContinental Hotel. Gambling customers can be found 285 slots, 2 electronic roulette tables, along with 29 tables for poker and other popular casino games.
A spacious sports gambling bar is also among the appealing amenities offered by the place. In addition, a large lounge area would offer site visitors with regular entertainment that is live.
Currently, you will find 175 individuals used during the casino that is new. They have been trained both in Maltese and other European casinos for days gone by many months.
Casino Malta by Olympic Casino could be the largest one on the area as well as 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 latest slot machines plus the preferred table games and aims at attracting the interest of both local and worldwide gambling customers.
Commenting in the casino opening, owners Ian and Kevin De Cesare commented that they’re brand new mobile casinos exceptionally very happy to finally introduce their location. They further noted that their experienced lovers from Olympic Entertainment can certainly make sure that the area’s gambling industry is expanded instead of cannibalized by international operators.
The two owners additionally pointed out that the casino is located in a popular hotel and that it is handled by established gambling and entertainment operators could be ‘a tremendous winning formula.’
Independent of the recently launched casino in Malta, Olympic Entertainment runs gambling venues across Estonia, Lithuania, Poland, Latvia, Belarus, Slovakia, and Italy. The organization currently employs more than 3,000 individuals and it is on the list of biggest providers of land-based gambling options in Europe. It’s also important to see that the Estonia-headquartered operator is a full person in the European Casino Association.
IGT Launches First GTECH Game on Personal Casino Site
Internationally respected designer of gaming solutions International Game Technology PLC announced on Tuesday that the game that is first of legacy GTECH gaming catalog happens to be launched in the company’s social casino web site DoubleDown Casino and it is available these days for desktop and mobile.
Treasures of this Pyramids is really a 5-reel, 40-payline Egyptian-themed slots game which includes currently gathered a significant complete lot of popularity in land-based gambling enterprises. Commenting in the latest statement, DoubleDown Interactive Senior Vice President and General Manager Joe Sigrist stated that starting this very first GTECH name is an important milestone for IGT because it showcases IGT and GTECH’s blended strength.
Mr. Sigrist further noted that Treasures of the Pyramids is definitely 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 much more content that is engaging. Thus, the video gaming developer will be able to help expand establish it self as one of the leaders within the distribution and creation of cross-platform content, the executive added.
Nevada-based Overseas Game Technology and lottery that is italian and provider of video 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 involving the two gaming giants became effective as of April 2015. Former GTECH CEO Marco Sala had been appointed as CEO of Global Game Technology PLC, because the merged entity ended up being called.
After the deal had been finished, IGT further established its jobs among the leaders into the manufacturing of video gaming and lottery machines along with the supply of varied services and options for the gaming and lottery companies.
Through the quarter that is third of, the company posted considerable increases in many different key performance indicators. For example, it produced revenue 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 ended September 30 totaled $258 million, up 26% as compared to the figure posted for similar duration last year. IGT CFO Alberto Fornaro stated that the reported results reflected the company’s ‘disciplined functional management’ and diversity.