Czech gambling conglomerate SAZKA Group has clarified its intentions to secure ‘full control’ of Athens-listed OPAP SA, Greece’s largest lottery and sports betting operator. On Monday, the Athens Securities Exchange temporarily suspended OPAP’s listing, announcing that the gambling group anticipated a ‘major imminent corporate event’. This morning, Reuters disclosed that SAZKA governance had submitted a formal Athens Exchange filing detailing …
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The Athens Securities & Exchange Commission has this morning moved to temporarily suspend the listing of OPAP SA, in light of speculation of a ‘major imminent corporate event’. Greek business news sources this morning report that Czech gambling conglomerate SAZKA Group seeks to significantly expand its holdings in OPAP, the former state-owned enterprise and Greece’s largest lottery and sports betting …
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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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Greek gambling technology and lottery systems provider Intralot SPA has denied rumours that it will be absorbed by Athens-listed IT solutions provider Intracom Holdings. Last week, Greek business news sources reported that Sokratis Kokkalis, founder and majority shareholder of Intracom, was evaluating forming a new Athens conglomerate merging the Intracom assets of Intrakat (construction), Intralot (lottery/gambling) and Intrasoft (logistics technologies). …
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This week’s 6 of the Best comes from Alex Windsor, founder of Apps4 web media. Keep reading to discover a sporting VIP experience that left Windsor hooked, a Premier League flop who proved to be an unlikely scorer in a winning wager and wide musical taste. Best Album I love listening to music, be it in the car, in the office or when I …
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This week’s 6 of the Best comes from Panos Konstantopoulos, Chief Marketing Officer at Betano and Stoiximan. Keep reading to discover the joys of a Madrid derby gracing the Champions League final, an oldie but a goodie of a movie choice and best bet difficulties. Best Holiday: It will have to be the very first holidays with our newborn twins, …
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FTSE100 betting group Paddy Power Betfair (PPB) has confirmed that it will appeal its €55 million European tax charge imposed by the authorities of Germany and Greece. The first charge of €40 million relates to Germany’s Hessen Fiscal Court rejecting PPB’s 2012 Betfair Exchange tax assessment. The Hessen Court supports the German tax authority’s backdated review of Betfair Exchange transactions …
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An established provider of free betting tips and valuable sports information, all created by a team of talented journalists, Betarades – part of the growing stable of Better Collective brands – has taken its output to the next level by converting some of the content into video. For the latest instalment in the Better Collective Spotlight series, the Greek firm’s …
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The Greek Gambling Commission (EEEP) has issued a ‘quick-fire’ response to its new draft laws on online gambling, giving national stakeholders just 10-days (deadline 25 January) to review and respond to its propositions. The EEEP is reported to have added a number of amendments and provisions to the Finance Ministry’s co-developed Greek online gambling framework, initially proposed last 11 September. …
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Athens-listed gambling and lottery systems provider INTRALOT SA has this morning confirmed the appointment of Fernando Ors Villarejo as new President of Sports Betting at INTRALOT Inc – the firm’s North American division. A twenty-year industry veteran, Villarejo joins INTRALOT’s US executive from Bolsa Madrid gambling firm Grupo Codere, where he led new market initiatives as joint Chief Development and …
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