The Baltics' largest gaming group online, genuinely Estonian-licensed and NBA's regional betting partner
Visit OlyBet →OlyBet welcome bonus in Latvia
Here is the current OlyBet welcome offer for players in Latvia, where OlyBet is licensed to operate. Bonus terms change and are set by OlyBet for each market — always confirm the live offer on its own site. See every licensed betting site in Latvia →
Pros
- Genuine Estonian licensing covering Estonia, Latvia, Lithuania and Finland
- Backed by the Baltics' largest gaming group, with land-based roots since 1993
- Official NBA betting partner for the Baltics and Slovakia
- Unified sportsbook, casino and poker product
- Strong regional retail network of 90+ physical points
Cons
- Core focus limited to the Baltics and Finland, plus Slovakia
- Bonus terms and product availability vary by country
- Less global brand recognition than larger international operators
- Payment method details vary by regulated market
Our verdict
OlyBet is the online arm of Olympic Entertainment Group, the largest gaming group in the Baltics with land-based casino roots dating back to 1993. Launched online in 2010 and operated by OB Holding 1 OU, it holds genuine Estonian Tax and Customs Board licences that legally cover Estonia, Latvia, Lithuania and Finland — a real regional trust advantage over single-market operators. OlyBet's profile got a further boost from becoming the official NBA betting partner for the Baltics and Slovakia, and the brand benefits from OEG's network of over 90 physical casino and betting points across the region. If you're a bettor in the Baltics or Finland looking for a genuinely regionally-licensed, well-established operator with deep local roots, OlyBet is a solid, credible choice.
How we rated it
Trust & licensing (20%)8.6
Genuine Estonian Tax and Customs Board licences (HKL000339, HKL000340, HKT000050, HKT000049), backed by Olympic Entertainment Group — the Baltics' largest gaming group with land-based operations since 1993.
Sportsbook & odds (25%)7.7
Unified sportsbook covering major sports, reinforced by an official NBA betting partnership for the Baltics and Slovakia.
Mobile & UX (10%)7.5
Unified sportsbook, casino and poker product (Microgaming/GG Network skin) across a well-established platform.
Customer support (10%)7.5
Backed by Olympic Entertainment Group's 90+ physical casino/betting point network across the Baltics.
Payments & payouts (20%)7.4
Reliable regulated-market payment processing backed by a large, established parent company with decades of gaming operations.
Bonuses & value (15%)7.3
Regulated-market welcome offers, varying by country under Estonian licensing requirements.
Quick facts
| Founded | 2010 (online); parent OEG's land-based casinos since 1993 |
| Owner | OB Holding 1 OU, part of Olympic Entertainment Group (Odyssey Europe AS / Novalpina Capital since 2018) |
| Licensing | Estonian Tax and Customs Board (HKL000339, HKL000340, HKT000050, HKT000049) — covers Estonia, Latvia, Lithuania, Finland |
| Sports | Unified sportsbook; official NBA betting partner for the Baltics and Slovakia |
| Casino | Casino and poker (Microgaming/GG Network skin) |
| Markets | Estonia, Latvia, Lithuania, Finland; presence in Slovakia |
| Retail network | 90+ physical casino/betting points via parent Olympic Entertainment Group |
| Recognition | Official NBA betting partner for the Baltics and Slovakia since 2020 |
Where OlyBet is licensed
OlyBet appears on the official register in 6 countries. Highlighted countries have a full local review — pick yours for its welcome bonus and licence details.
About OlyBet
OlyBet is the online sportsbook, casino and poker platform of Olympic Entertainment Group, the largest gaming group in the Baltics, whose land-based casino operations date back to 1993. Launched online in 2010 and operated by OB Holding 1 OU, OlyBet holds genuine Estonian Tax and Customs Board licences that legally cover Estonia, Latvia, Lithuania and Finland. Olympic Entertainment Group was acquired in 2018 by Odyssey Europe AS, backed by Novalpina Capital. OlyBet became the official NBA betting partner for the Baltics and Slovakia in 2020, and benefits from OEG's network of over 90 physical casino and betting points across the region.
OlyBet FAQ
Is OlyBet safe and legit?
Yes — OlyBet operates under genuine Estonian Tax and Customs Board licences (HKL000339, HKL000340, HKT000050, HKT000049), backed by Olympic Entertainment Group, the largest gaming group in the Baltics with land-based operations since 1993.
Which countries does OlyBet operate in?
OlyBet's Estonian licence legally covers Estonia, Latvia, Lithuania and Finland, with further presence in Slovakia.
Who owns OlyBet?
OlyBet is operated by OB Holding 1 OU, part of Olympic Entertainment Group, which was acquired in 2018 by Odyssey Europe AS, backed by Novalpina Capital.
Is OlyBet connected to the NBA?
Yes, OlyBet became the official NBA betting partner for the Baltics and Slovakia in 2020.
What is the OlyBet welcome bonus?
OlyBet offers a new-customer welcome bonus that varies by country and currency under its Estonian licensing requirements. Always check the current offer on OlyBet's own local site.