Market announcement

Olympic Entertainment Group AS

LEI code

097900BHBZ0000064366

General information

Categories

Other price sensitive information

Unique data record identifier

6643

Submission date and time

07.05.2018 16:30:00

Content of announcement in Estonian

Title

OEG sai kätte kohtuotsuse seoses ühe Riia kasiino tegevusloa lõpetamise otsusega

Message

Seoses OEG 18.10.2017 ja 13.11.2017 avaldatud börsiteadetega, et OEG vaidlustas
vastavalt kahe ja viie Riia kasiino tegevusloa lõpetamise otsused kohtus, teatab
OEG, et on kätte saanud Riia piirkonnakohtu otsuse seoses ühe Riias asuva
kasiinoga (Raina bulvar 15). Kohus otsustas Riia linnavolikogu kasuks. Vastavalt
Riia linnavolikogu otsusele tuleb antud kasiino sulgeda oktoobris 2022. OEG
kaebab otsuse edasi järgmise astme kohtusse.

Madis Jääger
Juhatuse esimees
Olympic Entertainment Group AS
Tel + 372 667 1250
E-post [email protected]
(https://www.globenewswire.com/Tracker?data=aEcIaccJiu0LjB8j99UjdWPlLde-hWnrnuz-
hPXiOGbcz4bGPQMAFOA0My9Hwos3RkokJvX2wyP1x7xfp-x4GAnAYwThfq9DH0YobL079a4=)
http://www.olympic-casino.com
(https://www.globenewswire.com/Tracker?data=w2evVJor5LbsL3tAJA60QeLC5EuS47TswxGc
92otJwgS-QzbOCkoql7FCaDHcRPzfgmxeoyT6Q5FaKIZoJ-
FoR09BG9kaXBpt9P3b_bB9SIdICKd1NRacHi09xpcVv8k)

Content of announcement in English

Title

OEG received court decision regarding cancellation of a permit to organise gambling activities in one casino located in Riga

Message

Further to OEG's announcements published on 18.10.2017 and 13.11.2017 that OEG
filed an action with a court regarding the decisions of cancellation of a permit
to organise gambling activities in respectively two and five casinos located in
Riga, OEG announces that it has received the decision of the District
Administrative Court in Riga regarding one of the casinos located in Riga (Raina
boulevard 15). The court ruled in favour of Riga City Council. According to the
Riga City Council decision the casino has to be closed in October 2022. OEG will
appeal the decision to higher level court.

Madis Jääger
CEO
Olympic Entertainment Group AS
Tel + 372 667 1250
E-mail [email protected]
(https://www.globenewswire.com/Tracker?data=aEcIaccJiu0LjB8j99UjdWPlLde-hWnrnuz-
hPXiOGaMS6v8MczojTaNTdshkskM0pDY6EoDToeFQIYfKPcWOoSHzAGS_jjQq4p1gOnOiQc=)
http://www.olympic-casino.com
(https://www.globenewswire.com/Tracker?data=w2evVJor5LbsL3tAJA60QeLC5EuS47TswxGc
92otJwgKFTQlrlEuTwGvyesDETy-
FPHlc84j7q1k0W3tT5p3obegR6k3SkLngmGO_hobVr9BqPLLoEi3807SR4wUCtXD)