Tag Archives: greece

Greek gambling operator Intralot has become the latest industry enterprise to sign a cooperation agreement with FIFA’s Early Warning System (EWS). The partnership will see Intralot’s betting operations share information regarding its football markets with a view of further protecting the integrity of the sport and its competitions. FIFA’s EWS program pools match information from multiple stakeholders, be it betting …

Updating industry stakeholders, the Greek Syriza government has announced that it will implement its new gambling licensing regime by October, opening its market to foreign operators. This September, Deputy Finance Minister Trifon Alexiadis informed Greek news sources that regulatory and business provisions would be made available ‘within a month.’ Following amendments, the Syriza government is confident that its new licensing …

Updating the market on its H1 2016 performance (period ending 30 June), Athens-listed gambling systems provider Intralot has declared that a reorganisation of international portfolio has helped the company deliver top-line growth. Driven by growth in its markets of US, Turkey and Bulgaria, Intralot would record H1 2016 group revenues of €639 million (H1 2015: €618 million). The improved group …

Greek licensed operator Stoiximan has become the latest member of European sports betting integrity unit ESSA. Stoiximan becomes the 21st industry member to join the integrity unit, and will contribute to ESSA’s global alert and sports betting fraud detection system. ESSA governance welcomed the inclusion of Stoiximan one of the highest coverage betting operators in the Greek and Romanian markets. …

Greek licensed online betting operator Stoiximan furthers its Eastern European market presence by launching the services of its Betano (Betano.com) sportsbook for the Romanian market. Launching its Betano brand, Stoiximan governance stated that it saw great potential for its product in the recently regulated Romanian online betting market, with the bookmaker committed to adhering to new policies and regulations regarding …

Sportsbetting supplier SBTech is to showcase its cutting-edge product portfolio at the iGaming Super Show in Amsterdam June 7th – 10th at stand B60. SBTech believes combination of localised offerings, expert legal oversight, versatile tools and expert industry knowledge has positioned it as a ‘world-leading sportsbetting provider’. This is shown be the wide geographical spread of its operating partners, who are based in the …

Addressing shareholders at Intralot’s Annual General Meeting, group CEO Antonios Kerastaris detailed that in order to meet its future growth targets, the gambling technology provider would have to tackle new consumer demands and market conditions by delivering a ‘‘best-of- breed’ product portfolio. Kerastaris gave shareholders a breakdown of Intralot’s recent investment/transactional activity as the company expands its international services. In …

Seeking to meet the qualifying criteria for its next EU sanctioned loan tranche, the Greek Syriza government has approved a fixed 35% Gross Gaming Revenue duty on licensed online betting operators. Imposed loan sanctions by the EU require Greece to meet a surplus of 3.5% of its national budget, with the beleaguered country having to raise an additional €1.5 billion …

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 …

Posting its full-year 2015 corporate performance, Athens listed gambling and lottery technology provider Intralot SA declared a net earnings declined to €25.7 million, down 30% on FY 2014’s €36.5 million. Despite the decrease in group earnings, Intralot governance remained pleased with 2015 performance citing that the company had gained new contracts (US, Netherlands, Brazil and Morocco) in challenging market conditions. …