The Baltic states’ casino industry expands, but regulatory concerns could undermine growth.
THE casino industry in the Baltic states is experiencing a rapid growth, as Estonia’s Olympic Entertainment Group, the largest industry player in the region, is increasing its revenues and expanding to further foreign markets.
However, new stringent regulations imposed by local authorities have the potential to undermine the industry’s growth, as indicated by the recent move by the Lithuanian government to amend the country’s gambling law.
