Olympic Casino Coming to Malta

Eden Leisure has signed a management agreement with Olympic Casino to operate Malta’s biggest casino. The gaming arm of Olympic Entertainment and Chairman Armen Karu (l.) is a leading provider of gaming services in the Baltic states and operates casinos in Poland, Slovakia, Belarus and Italy.

Opening set for late 2015

Eden Leisure, recently granted a concession to operate a casino in Malta, will partner in the deal with Olympic Casino, the largest provider of gaming services in the Baltics. Olympic operates 97 sites in seven countries, reported the Times of Malta.

“We negotiated with several of the top European management companies and settled on Olympic as the preferred operator for our casino,” said Eden Executive Chairman Ian De Cesare. “We found that our companies had a similar ethos in that they provide a focus on customer service, entertainment and the overall experience of the customer. They were clearly highly experienced in the field and had a wealth of experience, and they believed in the project.”

Casino Malta by Olympic will be the largest casino in Malta with some 2,700 square meters (29,000 square feet) The project is expected to cost about €10 million (US$11.4 million) and will open by the end of this year. It will have more than 250 slot machines, about 30 table games and a sports betting section.

Armin Karu, chairman of the board of Olympic, said the expansion into Malta is important to the company. “We have been looking for good opportunities to expand to popular holiday destinations for several years now and today we took a large step forward in making our expansion plans come true,” Karu said.

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