Tag Archives: greece

OPAP nets positive H1 results via deeper online GGR contribution

SBC News OPAP nets positive H1 results via deeper online GGR contribution

OPAP SA cites confidence in achieving all corporate and commercial objectives for 2024. Publishing its H1 2024 consolidated accounts, the Athens-listed gambling group achieved a 5.5% increase in gross gaming revenues (GGR) to €1.08bn (H1 2023: €1.02bn). Leadership noted that OPAP continues to benefit from its enlarged digital profile, as online units account for 30% of total H1 GGR. Period …

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Intralot nets retail systems extensions for PLI & TOTO NL

SBC News Intralot nets retail systems extensions for PLI & TOTO NL

Intralot SA has announced the extension of two key European contracts for the Athens-listed gambling and lottery technology group. In the Netherlands, the Intralot Benelux subsidiary has secured a three-year extension as the principal retail wagering systems supplier for TOTO NL, the flagship sportsbook brand of Nederlandse Loterij BV. This three-year contract renewal will enable Intralot to continue providing TOTO …

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Nikos Olympitis on Kingbet Media’s Rise and Future Expansion Plans

SBC News Nikos Olympitis on Kingbet Media’s Rise and Future Expansion Plans

As the gaming industry looks forward to the SBC Summit in Lisbon this September, we had the opportunity to catch up with Nikos Olympitis, the CEO and Co-Founder of Kingbet Media. With over two decades of leadership, Olympitis has played a pivotal role in establishing his company as a dominant force, particularly in the Greek market. In this interview, Olympitis …

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OPAP nets exclusive games of chance concession for Cyprus

SBC News OPAP nets exclusive games of chance concession for Cyprus

OPAP SA is now the exclusive provider of games of chance in the Republic of Cyprus. The Athens-listed gambling group announced that its OPAP Cyprus subsidiary has signed an exclusive concession agreement to conduct and manage designated games of chance for the government of Cyprus. This agreement is part of the strategic alignment with Cyprus’ Law on Designated Games of …

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Allwyn nets solid Q1 as lottery group vows to improve UK results

SBC News Allwyn nets solid Q1 as lottery group vows to improve UK results

Allwyn International has vowed to improve the financial performance of its Allwyn UK subsidiary, having officially taken on the duties of operating steward of the National Lottery. In its Q1 trading update, Allwyn International reported that its global lottery brands achieved combined ‘unaudited revenues’ of €2bn-to-€2.05bn. This marks Allwyn’s first €2bn revenue quarter (Q1 2023: €1.59bn), mainly due to the …

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Kaizen and BVGroup partner to launch Betano as new UK challenger

SBC News Kaizen and BVGroup partner to launch Betano as new UK challenger

Kaizen Gaming has announced that it will launch its flagship Betano brand in the UK market in partnership with BVGroup. Betano’s imminent UK launch is deemed the “latest milestone for the sportsbook, solidifying its global brand presence as the Official Sponsor of both UEFA Euro 2024 and the CONMEBOL Copa America 2024”. As the pan-international brand of Greek online gambling …

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Allwyn maintains Euro growth as focus turns to revitalising National Lottery sales  

SBC News Allwyn maintains Euro growth as focus turns to revitalising National Lottery sales  

Allwyn International has marked 2023 as a transformative year for its business, which will now focus on revitalising the performance and sales of the UK National Lottery.  Upon publishing its unaudited full-year 2023 accounts, the company saw its corporate revenues double to €7.87bn. The year’s accounts detailed that National Lottery sales accounted for a revenue contribution of €3.9bn, down 4% …

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Novibet new market growth led by Greek Power & Intelligence…

SBC News Novibet new market growth led by Greek Power & Intelligence...

Novibet’s tech and product leadership team of Lambros Sialmas (COO) and Sotiris Haritos (CTO) have provided SBC an exclusive insight into the pan-European igaming group’s growth strategy driven by the fundamental pillars of consolidating leadership positions, enhancing product offerings and customer experience and maximising operational efficiencies.  To Novibet’s advantage, its strategy leverages  its ‘Greek-engineered’ GameTech platform to export domestic success …

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OPAP sets €2bn revenue record but tax burden dims profit results 

SBC News OPAP sets €2bn revenue record but tax burden dims profit results 

OPAP SA states that it has established a new benchmark for its business, generating more than €2bn in corporate revenues. The Athens-listed gambling group published its full-year 2023 accounts, in which revenue results amounted to €2.08bn, up 7% on FY2022 comparatives of €1.93bn. The record-breaking figure was achieved off the back of stellar Q4 trading, as OPAP’s “Q4 2023 GGR …

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Betsson rewards investors €89m dividends to celebrate Jubilee 2023 results 

Betsson AB CEO Pontus Lindwall

Betsson AB has proclaimed a second successive year of record-breaking financial results and KPIs as it celebrates its 60th year in business. Publishing its full-year 2023 results this morning, the Stockholm-listed gambling group’s corporate revenues stood at €948m, up 22% on FY2022 results of €777m. Year trading saw the firm register a 60% increase in EBITDA to €262m (FY2022: €173m) …

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