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Sorainen Assists With Lithuanian Casino Merger

Sorainen Assists With Lithuanian Casino Merger

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Sorainen has advised Olympic Entertainment Group on the merger of Orakulas, including its assets, obligations and rights, into the Olympic Casino Group Baltija.

According to Sorainen, "Olympic Entertainment Group is a leading group of gambling companies, with operations in the Baltic States, Slovakia, Italy, and Malta. After the merger, Olympic Casino Group Baltija became one of the biggest gambling services providers in Lithuania, uniting brands such as Casino Olympic, OlyBet and Orakulas."

Sorainen's team was led by Partner Sergej Butov, supported by Senior Associate Evaldas Dudonis and Associate Laura Matuizaite.