The subsidiary of Olympic Entertainment Group in Slovakia has obtained an activity license that allows the company to launch casino operations on the Slovakian gaming market. This is the first new license that has been issued to casino operators in Slovakia in the last ten years. The company plans to invest EUR 5 million in its first Olympic Casino. The volume of the casino market of Slovakia was EUR 204 million in 2006, an increase of 25 percent from 2005. The first Olympic Casino in Slovakia is scheduled to be opened in the summer 2008. The flagship casino will be opened in the Radisson SAS Carlton Hotel in the centre of Bratislava. The casino will have approximately 1,000 square metres of floor space and it will be equipped with 61 modern slot machines and 11 gaming tables. Olympic Entertainment Group start preparations to enter Slovakia's gaming market at the end of April 2007 by setting up a local subsidiary that operates under the name of Olympic Entertainment Slovakia. For additional information please contact: Andri Avila Member of the Management Board Olympic Entertainment Group Phone + 372 667 1250 E-mail: andri.avila@oc.eu http://www.olympic-casino.com