OPAP Q3 bounce back hurt by continued lottery declines

Inspired announces Greek VLT rollout with OPAP in 2017

opapInspired has announced that it will be soon be starting the rollout of its video lottery terminal (VLT) cabinets with Greek betting and lottery operator OPAP S.A (OPAP).

Following the formal announcement of new VLT regulations by the Hellenic Gaming Commission, OPAP has deemed that all appropriate conditions are now in place to allow it to restart plans for the operation of VLT products in Greece.

The new regulations have established a comprehensive institutional framework that secures public interest and public revenues, and at the same time allows the economic viability of the VLT business for OPAP and its partners.

As one of only four VLT suppliers to OPAP, Inspired Gaming Group will provide 3,960 VLT cabinets across the extensive OPAP retail network in 2017. OPAP holds an exclusive 10-year license to operate in the country, which started in 2011.

Luke Alvarez, CEO of Inspired Gaming Group, commented: “Inspired is delighted by this week’s announcement that a fully regulated VLT operation is now in place in Greece. This news will enable us to commence the rollout of our VLT cabinets in 2017; a significant and exciting moment both for the landscape of the gaming market in Greece, and for Inspired.

“We are proud to be one of only four suppliers to OPAP, one of Europe’s most established and respected operators, and look forward to a successful and long-term business partnership.”

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