Oeg Sets Up In Netherlands And Jersey

OEG SETS UP IN NETHERLANDS AND JERSEY

13th March, 2013 at 15:38:40
Source: http://www.azonlinecasinos.com

Acquired and established with a view to expansion

Olympic Entertainment Group AS (OEG) subsidiary Olympic Casino Eesti AS has acquired a 100% share holding of Siquia Holding B.V., a holding company registered in the Netherlands with a share capital of Euro 21 101.

OEG additionally established and registered Gametech Services Limited and Gametech Licensing Limited in Jersey without making a share capital contribution, whereas the authorised capital of both companies is 200 000.

Madis J€€ger, chief executive officer of Olympic Entertainment Group said the subsidiaries will be utilised to create a legal platform for the expansion of OEG group's activities in markets related to the group's main business and in the business of remote gambling.

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