Tag Archives: Damian Cope

VLT upgrades deliver for Greek OPAP chasing its 2020 vision

The governance of Athens-listed gambling group OPAP SA publishes its 2019 interim results (period ending 30 June), confident of delivering on its future prospects, serving the mandate of its 2020 corporate vision. Updating the market, OPAP records a 6% increase in group gross gambling revenues (GGR) to €779 million (H1 2018: €737m), driven the significant improvement of its upgraded retail …

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Transformative 2018 sees OPAP confident of future prospects & identity

Athens-listed gambling group OPAP SA has published its full-year 2018 results, detailing a transformative year for its business, undertaking a number of critical upgrades and refinancing its operating structures. “2018 marked the 60th anniversary of OPAP’s foundation and the entire OPAP team is proud of what was achieved in this historic year. We successfully delivered all of our key business …

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VLT upgrades see Greek OPAP ride out tough Q3 trading

Publishing its latest Q3 2018 trading statement, Athens-listed lottery and gambling group OPAP SA reports growth despite being impacted by unfavourable sporting results alongside Greek macroeconomic adjustments. An enhanced OPAP group withstands declines in 2018 wagering activities, as the firm maintains a positive gross-gaming-revenue (GGR) contribution of Q3 2018 – €369 million (+3.2%) running alongside a year-to-date GGR of €1.106 …

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OPAP points to a bright future with terminal upgrades & Hellas pick-up

Publishing its 2018 interim results (period ending 30 June), Athens-listed gambling operator OPAP details strong progress on its ‘2020 corporate vision‘ as the company begins to benefit from its systems and network upgrades. Entering 2018, OPAP would undertake a group-wide overhaul of legacy systems and terminals in partnership with industry technology group Playtech Plc. In its update, OPAP governance details …

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Intralot secures further Greek OPAP lead lottery supplier extension

Updating the market, Athens-listed lottery and gaming systems provider Intralot has confirmed that it has secured a three-year extension to its lead lottery provisions arrangement with leading Greek market gambling operator OPAP. Intralot will continue to act as the main supplier of OPAP’s ‘numerical lottery products’ and related services. The partnership extensions will see Intralot upgrade OPAP’s lottery management platform, …

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Challenging environment hurts OPAP Greece profits as company prepares for VLT restart

Closing its Q3 2016 (period ending 30 September), Greek gambling operator OPAP has posted a 40% decline in net profits to €29 million (Q3 2015: €49 million). The operator informs its stakeholders that it is continuing to adapt to a ‘challenging environment’ in which it operating margin has been impacted by higher taxes of 35% by the Hellenic Republic. Adjusting …

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OPAP welcomes Damian Cope as new CEO following leadership responsibility split

Greek licensed gambling operator has announced the appointment of former Ladbrokes International MD Damian Cope as its new Chief Executive Officer. The appointment of Cope follows an internal review process of OPAP governance, which saw the operator split its corporate leadership roles of CEO & Chairman. The decision which will come into full effect on the 1 July, will see …

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Ladbrokes enters Mexican market with Sportium & Casino Life

Ladbrokes continues its strategic expansion into Spanish speaking markets through Sportium its joint venture with Spanish gambling operator Cirsa. This week the UK betting operator announced that it had launched Sportium sports betting and gaming products under Cirsa Mexican casino brand Casino Life. Mexican igaming consumers will be able to play Sportium betting products on the CasinoLife.com.mx website. Ladbrokes will …

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