Olympic Entertainment Outlines International Ambitions

Principal objective in setting up Malta subsidiary is to enter new online gambling markets, says Estonian firm

Estonia-headquartered online gambling group Olympic Entertainment Group (OEG) has given local reporters a glimpse of it international ambitions, with company CEO Madis Jaager revealing Thursday that the main objective of the company's setting up a Malta subsidiary is to prepare for an expansion into new online gambling markets.
However, Jaager was cagey on which jurisidictions are in his sights, commenting that as a listed company he is restrained from imparting such important developmental news in more detail.
Jaager pointed out that most of OEG's European Union based competition is registered and licensed in Malta, taking advantage of a benevolent tax and legal environment. OEG's Malta subsidiary, Olybet Malta Limited was established this week with share capital of Euro 5,000.

Online Casino News Courtesy of Infopowa

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The man with the plan here at Casinomeister. Bryan Bailey has been running Casinomeister since its launch in June of 1998. He has watched the industry grow from its primeval stage to what it is now. The Meister has attended nearly 100 conferences in the past 20 years and has either been a speaker or a panel moderator for at least 60 events. He has always been an advocate of fairness and reason and is known to like German beer, a good Scotch, and astrophography.
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