Olympic Entertainment Group: who it is and what it owns

Tallinn-based casino group running Olympic Casino venues in the Baltics and the OlyBet online brand. Its Estonian online licence is held by OB Holding 1 OÜ.

Ownershipprivate (bought out and delisted from Nasdaq Tallinn in 2018 by Odyssey Europe AS, a Novalpina Capital vehicle; remaining Novalpina holdings later placed with Berkeley Research Group)
HeadquartersEstonia
Gambling brands1 gambling brand · 6 websites in total
Operating companies6
Regulator fines2
Last checked14 Oct 2026

Gambling brands of Olympic Entertainment Group

NameWebsiteLicensesOwner proof
OlyBetolybet.eeEstonia — EMTA, Estonia — EMTA, Estonia — EMTA, Estonia — EMTAverified
OlyBet EUolybet.euEstonia — EMTA, Estonia — EMTA, Estonia — EMTA, Estonia — EMTAverified
OlyBet Lithuaniaolybet.ltLithuania — LPTverified
OlyBet Latviaolybet.lvLatvia — IAUIverified
OlyBet Slovakiaolybet.skSlovakia — ÚRHHverified
OlyBet FRolybet.frFrance — ANJreported

Operating companies and licenses

CompanyWhereLicenses
OB Holding 1 OÜEstoniaEstonia — EMTA HKL000510
Estonia — EMTA HKL000340
Estonia — EMTA HKT000050
Estonia — EMTA HKT000049
UAB Olympic Casino Group BaltijaLithuaniaLithuania — LPT remote gaming permit 2016-DI-42
SIA "OLYMPIC CASINO LATVIA"LatviaLatvia — IAUI A-55
SIA "Olybet Latvia"LatviaLatvia — IAUI E-06; TI-16
OLYMPIC CASINO SLOVAKIA s. r. o.SlovakiaSlovakia — ÚRHH 00035/2020
FP OpérateurFranceFrance — ANJ

Regulator fines

DateRegulator / courtAmountReason
2025-03-06Lithuania — LPTEUR 8,400,000AML and gambling-law breaches: source of a high-loss player's funds was not checked and suspicious transactions were not reported. Operator said it would appeal. source
2019-04-04Lithuania — LPTEUR 495,500Failure to verify players when exchanging cash for chips (2018 breach), as reported in trade press. source

Sources