Tag Archives: greece

Intralot continues unit turnaround benefiting from leaner global profile  

Intralot SPA reports a significant improvement in trading, delivering growth across all business units as the Athens listed gambling technology group moves to advance its US market profile.  Publishing its H1 2021 trading results (period ending 30 June), Intralot achieved group revenues of €202 million – up 34% on corresponding 2020 results of €150 million. Revenue growth was attributed to …

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SAZKA rides high off 68% EBITDA growth ahead of full unit comeback

SAZKA Group remains confident in its full-year financial outlook, as the enlarged Czech gambling conglomerate prepares for the full comeback of business units across European markets. Publishing its H1 2021 interim results (period ending 30 June), SAZKA recorded group revenues of €1.26 billion – up 96% on corresponding 2020 results of €652 million. Topline revenue growth was attributed to the …

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Stoiximan consolidation sees OPAP survive tough Greek winter

OPAP SA reveals solid progress for its business recording headline growth despite its lottery and VLT units being impacted by significant COVID-19 headwinds.  Publishing its H1 trading results (period ending 30 June), OPAP group revenues stood at €570 million, up 12% on corresponding 2020 results of €507 million. H1 growth was primarily attributed to the full consolidation of the Stoiximan …

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NetBet extends Sportnco platform duties to Greek market  

Sportnco has announced its entry into Greece’s regulated online gambling marketplace, having been tasked with migrating the sportsbook property of NetBet.gr.  The Toulouse-based sports betting systems provider has been selected by Pan-European operator NetBet to migrate its entire Greek sportsbook unit onto a new platform compliant with the Hellenic Gaming Commission (HGC) technical commands. The Greek project sees NetBet expand …

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Robert Chvátal: SAZKA’s transformation has pushed the static boundaries of European lotteries

Speaking exclusively to SBC Leaders, Robert Chvátal reflects on his eight tenure leading SAZKA Group, transforming the Czech operator into Europe’s dominant pan-national lottery operator that now targets winning the National Lottery’s 2023 stewardship by putting forward a generationally innovative bid to reinvigorate the UK’s lottery market.  ____________ SBC: Thanks for speaking with us. 2020 marked your eighth year of …

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Intralot completes US Inc focused capital restructuring 

Intralot SA has secured a final settlement on its debt-note and capital restructure, undertaken to deepen its financial resources and accelerate the growth of its North American Intralot Inc unit.       The Athens-listed gambling technology group reports that on 3 August it was allowed to issue new debt-notes totalling £242 million, which will be maintained under the Intralot Inc domain. …

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OPAP recruits James Curwen to lead new digital strategy

OPAP Q3 bounce back hurt by continued lottery declines

OPAP SA has confirmed the appointment of James Curwen as its new Chief Online Officer, leading the Athens-listed operator’s new digital strategy. Curwen will replace incumbent Petr Matejovsky, who is set to leave the company after seven years of service leading the Greek national lottery and sports betting operator’s online divisions. Curwen has over 30 years of career achievements within …

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Intralot points to stable 2021 outlook following positive Q1 results

Intralot SPA has detailed confidence in achieving its business recovery objectives as the firm declares a positive opening to 2021 trading. Publishing its Q1 2021 trading results (period ending 31 March), Intralot registered group revenues of €102 million – up 9% on corresponding 2020 results of €93 million. The Athens-listed gambling technology group highlighted the recovery of its lottery games …

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Intralot delivers stable 2020 earnings despite system shocks

Athens-listed Intralot SA has published its financial results for the 2020 fiscal year, prepared in accordance with IFRS, noting an almost 17% decline in revenue after its lottery and sports betting industries were significantly impacted by the COVID-19 pandemic. For the 12 month period which ended on December 31, 2020, Intralot declared a group revenue of €364.8m, a 16.6% decrease …

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SAZKA counts costs of volatile 2020 trading

SAZKA Group said that it will demonstrate the corporate benefits of its transformed group strategy, which saw its enlarged company units interrupted by the unprecedented events of a volatile 2020.   Publishing its full-year 2020 results, SAZKA group recorded ‘consolidated group revenues’ of €2 billion – up 6% on FY2019 corresponding results of €1.9 billion. However, excluding the performance of the …

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