Sergei Kislinskii Wins PGT Sprint Event No. 4, Earns $91,200
1 min read
NewsDecember 13, 2021·1 min read
Entain Bids $1 Billion for Olympic Entertainment Group
Entain has placed a $1 billion bid to takeover Baltic gambling company Olympic Entertainment Group. The offer from Entain includes an upfront payment to immediately take control of OEG’s online businesses in Lithuania and Croatia, with a performance related payment possible in 2023.
OEG is currently a partner for the NBA and runs operations under the OlyBet and MaxBet brands and claims to run more than 100 casinos including the Olympic Voodoo Casino in Riga, Latvia.
Entain is proving that it is business as usual with its strategy of acquiring businesses in the gambling world.
Share this article
By
Argus RivenI've spent years at the tables — cash and tournaments — and just as long shaping poker copy behind the scenes: room reviews, bonus fine print, tournament notes. At PokerInsider I write the way I wish more sites would: clear structure, honest trade-offs, no hype. Whether you're new or already grinding, I care about what the offer actually costs you — rake, variance, and the fine print — and I treat responsible play as part of the job, not a footnote.
♠More in News
North Carolina Woman Wins $2M Jackpot with $1 Bet on Digital Instant Game
1 min read
CT Interactive's Monika Zlateva Honored at Malta Business Excellence Awards
1 min read
←All Articles♠ PokerInsider