Olympic Entertainment Says Quarterly Revenue Rose in Baltics

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Olympic Entertainment Group AS, the only publicly traded casino operator in eastern Europe, said fourth-quarter revenue rose in Estonia, Latvia and Lithuania.

Revenue at Olympic Casino’s Estonian unit jumped 21 percent from a year earlier to 8.1 million euros ($10.3 million), the company said today in a statement to the Tallinn Stock Exchange. Revenue increased 19.4 percent to 8 million euros at Olympic’s Latvian unit and 19.5 percent to 4.9 million euros at the Lithuanian unit.