Launches Optibet in Lithuania

2018-10-01

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Nordic Leisure, further "NLAB or "the group", announces that the group has launched the online gaming brand Optibet on the regulated market Lithuania.

Optibet is launching on NLAB's new cutting edge platform and is available in Lithuanian, English and Russian languages and welcomes all players from around the world.

The launch of Optibet online is an important addition to the current network of betting shops, which NLAB operates in Lithuania after the acquisition of UAB Baltic Bet in September 2017.

"From the early beginning we were aiming to build the very best and largest online casino in Lithuania. Even though the technical compliance demanded hard work and time, we are very satisfied to be live on a new market with great potential." said Vilte Sabaliene, Country Manager Lithuania.

Robert Andersson, CEO of Nordic Leisure continues. "This is a milestone for the group and the team has done a tremendous job adding yet another licensed market to our portfolio. Now the focus will be on profitable growth and expand on the service's offered on the fast growing market in Lithuania."

Ahead of the launch NLAB's technical platform underwent an extensive certification process by the British company NMI Gaming, on request by the Lithuanian Gaming Control Authority. "It's proof that out technical platform and organisation are of high standards." says Robert Andersson.

Optibet.lt offers a world-class experience from innovative casino suppliers as EGT, NYX Interactive, Microgaming, Play'n Go, and also two exclusive partnerships with Pragmatic play and Playson.

NLAB is a multi-brand online gaming company with around 190 employees working with online gaming from six offices across Europe. What started as just an idea back in 2002 has grown into an international organisation with the passion and skills to lead the online gaming space by creating the most innovative and entertaining experiences to anyone, anywhere, on any device.

For more information please contact:

Robert Andersson, CEO [email protected] / +371 2 7327810

About Nordic Leisure

Nordic Leisure AB is the parent company in a group which operates within two business areas: Online gaming and Media. The group has offices in Tallinn, Riga, Vilnius, Malta, Marbella and Stockholm. The operational companies hold national licenses and permits for their operations and the group has around 190 employees. Nordic Leisure is listed on NASDAQ First North in Stockholm. The company's Certified Adviser is Redeye, +46 8 545 01330.

For more information, visit nordicleisure.se

Nordic Leisure AB is obliged to publish the above information in accordance with the EU's Market Abuse Regulation. The information was provided by the above contact person for publication at 08:45 CET on 1 October 2018.

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