Olybet continues to sponsor Zalgiris Kaunas

Olybet continues to sponsor Zalgiris KaunasReading Time: 1 minute


OlyBet, the premier online gaming and sports betting company in the Baltic region, will sponsor Lithuanian basketball club Zalgiris Kaunas, one of the foremost basketball clubs in Europe, for the fourth straight year. The team reached the EuroLeague Final Four last season.

According to Veiko Krünberg, Managing Director of OlyBet, the company knows the importance of basketball in Lithuania, where Olybet started the operations in 2015. He said the company was interested in the general sponsor position of Lithuania’s top club Zalgiris from the very start.

“We are proud to have contributed to the club’s success during the last three years and after they reached the EuroLeague Final Four last season we were even more excited to continue our support for the fourth year in a row,” Krünberg said.

Basketball is one of the most popular sports in the Baltics – Lithuania, Latvia and Estonia – and the announcement comes just a month after OlyBet became the title sponsor of the new Estonian-Latvian Basketball League. OlyBet Estonian Latvian Basketball League started its first season in September including a total of 15 top basketball clubs from both countries. OlyBet is currently also sponsoring Latvian and Estonian national basketball teams.


OlyBet is the online gaming brand of Olympic Entertainment Group, the leading casino entertainment provider in the Baltic States (Estonia, Latvia and Lithuania), operating land-based casinos also in Slovakia, Italy and Malta. The Group operates a total of 115 land-based casinos and 25 betting points and employs more than 3,000 people in six countries. OlyBet, previously Olympic-Online, was established in early 2010 and is committed to providing fun online gambling experience that is safe and secure. OlyBet is hosting a wide variety of industry leading casino, poker and sports betting platforms.

Source: European Gaming Industry News

After starting out as an affiliate in 2009 and developing some recognized review portals, I have moved deeper into journalism and media. My experience has lead me to move into the B2B sector and write about compliance updates and report around the happenings of the online and land based gaming sector.