Estonian internet casino operator leaves Romania
The latest industry reports informed the public of the decision made by the Playtech-powered Estonian online casino operator Olympic Entertainment Group, to cease its Romanian activities. It was specified by the company that it has sold its unprofitable Romanian subsidiaries, Olympic Casino Bucharest S.R.L, Mutenia Food and Beverage S.R.L. and Olympic Exchange S.R.L. to an unidentified Israeli entrepreneur, but it did not reveal the sum.
Olympic first came to Romania four years ago, but here it did not find the market to be very lucrative, so “with little promise for acceptable future business levels in the immediate future,” the group decided to withdraw from the market, specified the company spokesman.