Who owns OlyBet Lithuania?

As of 14 Oct 2026: OlyBet Lithuania is owned by Olympic Entertainment Group, private (bought out and delisted from Nasdaq Tallinn in 2018 by Odyssey Europe AS, a Novalpina Capital vehicle). The site runs under UAB Olympic Casino Group Baltija, Lithuania, with a licence from LPT (Lithuania). The same owner has 1 other casino.

Ultimate owner	Olympic Entertainment Group (private (bought out and delisted from Nasdaq Tallinn in 2018 by Odyssey Europe AS, a Novalpina Capital vehicle; remaining Novalpina holdings later placed with Berkeley Research Group))
Operating company	UAB Olympic Casino Group Baltija, Lithuania · reg. 211733760
Licences	Lithuania — LPT remote gaming permit 2016-DI-42
Products	Sports betting, Casino, Poker
Website	olybet.lt
Also runs as	olybet.ee, olybet.eu, olybet.lv, olybet.sk, olybet.fr
Companies of the other sites	OB Holding 1 OÜ (olybet.ee, olybet.eu) · Estonia — EMTA HKL000510 · Estonia — EMTA HKL000340 · Estonia — EMTA HKT000050 · Estonia — EMTA HKT000049 SIA "Olybet Latvia" (olybet.lv) · Latvia — IAUI E-06; TI-16 OLYMPIC CASINO SLOVAKIA s. r. o. (olybet.sk) · Slovakia — ÚRHH 00035/2020 FP Opérateur (olybet.fr) · France — ANJ
Sister casinos	1
Fines and actions	OlyBet Lithuania’s own company: 2 · whole Olympic Entertainment Group: 2
Owner proof	verified
Last checked	14 Oct 2026

In numbers

Olympic Entertainment Group owns 2 casino and betting brands (7 websites) in our data.
2 fines and regulator actions against the owner since 2019, about €8.9 million in total (converted to euros).

Licences

Regulator	Type	Valid	Check it
Lithuania — LPT remote gaming permit 2016-DI-42	—	active	register

About Olympic Entertainment Group

Tallinn-based casino group running Olympic Casino venues in the Baltics and the OlyBet online brand. Its Estonian online licence is held by OB Holding 1 OÜ.

Headquarters: Estonia · Founded: 1993 · Ownership: private (bought out and delisted from Nasdaq Tallinn in 2018 by Odyssey Europe AS, a Novalpina Capital vehicle; remaining Novalpina holdings later placed with Berkeley Research Group)

How we know, and what we could not confirm

How we know: Online arm of Olympic Casino in Lithuania; site states LPT supervision.

1 sister casino

Same owner often means the same terms, the same support team and the same payout rules. A self-exclusion at one brand may not cover its sister sites.

OlyBet Españaolybet.es

Does self-exclusion at OlyBet Lithuania cover its sister sites? · How national self-exclusion schemes work

Olympic Entertainment Group sister sites, fines and sources →

Fines and regulator actions

All 2 concern OlyBet Lithuania’s own company.

Fines from the 40 regulators, prosecutors and courts we track, online gambling only; fines against land-based casinos are out of scope. How we count fines.

Date	Company	Regulator / court	Amount	Reason
2025-03-06	UAB Olympic Casino Group Baltija	Lithuania — LPT	EUR 8,400,000	AML and gambling-law breaches: source of a high-loss player's funds was not checked and suspicious transactions were not reported. Operator said it would appeal. source
2019-04-04	UAB Olympic Casino Group Baltija	Lithuania — LPT	EUR 495,500	Failure to verify players when exchanging cash for chips (2018 breach), as reported in trade press. source

Ratings elsewhere

Trustpilot: read the reviews there

Ratings from other websites, with their source. We do not copy their reviews, and they do not change our facts.