Olympic Entertainment Group Renews Partnership with CPI; new Casino Malta fitted with 100% SC Advance

Preferred supplier agreement with the Group specifies SC Advance as default note acceptor for three more years.The Olympic Entertainment Group, which operates nearly 120 casinos in 8 countries in Europe, has extended its preferred supplier agreement with Crane Payment Innovations (CPI), a Crane Co. Company. Under the agreement, Olympic will continue to specify SC Advance as its default note acceptor on both new and existing games for another three years.

 “Our customers associate the Olympic name with quality and excellence, so it is only natural that we should continue to specify the SC Advance” said Piret Barlo, purchasing manager for the Olympic Entertainment Group. “The product aligns perfectly with our value proposition and has proven its worth throughout the years by helping us to grow our business.”

Olympic first began specifying SC note acceptors in 2008 after they out-performed competitive products in a value-added trial.

“Since then, we have seen players return time and again to the games we equip with SC Advance,” said Barlo. “That’s because its acceptance and security – critical building blocks for a great gaming experience – are second to none. We are therefore pleased to renew our agreement with CPI for three more years.”

SC Advance belongs to the SC portfolio of note acceptors, of which more than 1.5 million units have been installed worldwide. Its enduring success underlines the importance operators place on the performance attributes that make a direct impact on player satisfaction and, ultimately, profitability – acceptance rates, jam rates, security and cost of ownership.

The most recent example of this successful partnership is at Casino Malta. Casino Malta from Olympic Casino opened on December 21, 2015 and has 303 slot machines —all of which are equipped with the SC Advance note acceptor.

“It is essential that note acceptors, as the point of entry to games, work each and every time someone sits down to play,” said Anette Jauch, CPI sales director of Gaming – EMEA. “This is exactly what SC Advance does so well, and we are delighted that its performance has contributed to the great reputation Olympic has with its customers. We wish to thank our friends at Olympic for their continued loyalty, and we look forward to supporting their goals well into the future.”

Crane Co. is a diversified manufacturer of engineered industrial products. Crane Co. is traded on the New York Stock Exchange (NYSE:CR).

About CPI

Crane Payment Innovations (CPI) is part of Crane Co., a diversified manufacturer of highly engineered industrial products (NYSE:CR). CPI provides a full range of unattended payment solutions for Gaming, Retail, Transportation, Vending and Financial Services applications. CPI is built upon the technological heritage and market expertise of the NRI, CashCode, Telequip, Money Controls and, most recently, MEI and Conlux brands.

CPI works in partnership with valued customers to enhance its portfolio of high-quality payment solutions – from coin and bill processing to cashless systems and asset management software.

CPI is headquartered in Malvern, PA with additional offices, manufacturing facilities, distribution and service centres worldwide. The company holds one of the world’s largest installed bases of unattended payment systems. For more information, visit www.CranePI.com.

About OEG

With more than 3,000 employees, Olympic Entertainment Group (OEG) is the largest provider of casino entertainment in its region. OEG is a full member of the European Casino Association (ECA). Today, the Group operates casinos in Estonia, Latvia, Lithuania, Poland, Slovakia, Belarus, Italy and Malta. OEG shares are traded on the main list of Tallinn Stock Exchange and Warsaw Stock Exchange. All casino operators of Olympic Entertainment Group are responsible enterprises that notify their clients of the dangers associated with gambling.