Tag Archives: Damien Cope

Playtech BGT strengthens ‘OPAP legacy’ completing retail systems upgrade

OPAP Q3 bounce back hurt by continued lottery declines

FTSE-listed Playtech Plc has confirmed that its sports betting subsidiary Playtech BGT has successfully completed the roll-out and systems upgrade for OPAP, Greece’s largest gambling operator. Updating the market, Playtech BGT completes its OPAP terminal delivery and systems upgrade project first announced in September 2017. OPAP’s entire 4,000 Greek retail betting premises will be powered by Playtech BGT modules, supplying …

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Strengthened infrastructure delivers positive Q3 results for Greek OPAP

SBC News Strengthened infrastructure delivers positive Q3 results for Greek OPAP

Publishing its Q3 2017 trading update (period ending 30 September), Greek gambling group OPAP has detailed strong gains in its betting products and video lottery terminals (VLTs) as the firm homes in on full-year corporate targets and expectations. Updating the market, OPAP would detail group gross gaming revenues of €357 million up 12% on corresponding Q3 2016’s €319 million. Improved …

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Year of adjustments sees OPAP financials impacted by higher taxes and infrastructure costs

SBC News Year of adjustments sees OPAP financials impacted by higher taxes and infrastructure costs

Presenting its full-year 2016 results, Greek gambling operator OPAP details that its financial performance has been impacted by higher tax charges combined with a higher operational outlay as the firm prepares for significant operational changes in 2017 While OPAP sustained total group wagering at €4.2 billion and group gross gaming revenues at €1.39 billion, the firm’s earnings and profit metrics would …

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