Tag Archives: greece

Having completed its takeover bwin.party Entertainment , Scott Longley asses the betting operators next steps as the new merged outfit targets a FTSE 250 listing. As the firm’s governance and leadership begins to execute the first steps of its integration plan, Longley details what may be the betting sectors most interesting merger.  ________________________ It didn’t take long for GVC to …

European online betting operator Interwetten Sports has reported its most successful year in business, recording 2015 net revenues (period ending 31 December) of €50.2 million (£38 million), representing a 21% increase on 2014 performance. The Malta licensed bookmaker reported a record breaking turnover of €951 million (Up 20% on 2014), which had been driven by increased player activity on its …

The Greek Syriza government are reported to want to introduce a new licensing regime for online gambling operators, in a bid to restructure the country’s failed industry framework. Last week Greek Deputy Finance Minister Tryfon Alexiadis informed the Hellenic Parliament that Syriza would proceed with reforming Greece’s licensing regime aiming to offer new licenses to international gambling operators seeking to enter …

Updating the market Athens listed lottery and gaming systems provider INTRALOT Group reported a 3.8% increase in consolidated revenues to €1.38 billion for its year to date (Q1-Q3 2015 – period ending 30 September) corporate performance. Like many European listed operators, INTRALOT 2015 performance has been impacted by weakening € exchange rate. The firm would report EBITDA earnings of €132 …

International lottery supplier INTRALOT has announced that it has been awarded for its global lottery operations with the prestigious WLA Responsible Gaming Framework Certification for associate members by the World Lottery Association (WLA). As a leader of the gaming sector and a Platinum Contributor of WLA, in 2012 INTRALOT received an invitation to participate in a Responsible Gaming (RG) pilot …

GVC Holdings subsidiary Sportingbet has furthered its presence in Greece, by becoming the official betting partner of Euroleague Basketball coverage for the Greek market. Sportingbet marketing agreed terms with Turkish Airlines Euroleague, governing body of Europe’s biggest basketball championship. By becoming Greek betting partner, the Sportingbet brand will be displayed on multi-content throughout Euroleague game highlights for the Final Four …

Greek licensed online betting operator Stoiximan has announced it has secured its biggest marketing partnership to date, by officially announcing that it has become shirt sponsor of Olympiacos FC (Athens). Stoiximan management confirmed that it had agreed a two season shirt sponsorship with Olympiacos FC, its biggest sports marketing deal to date. The bookmaker was unveiled as new shirt sponsor …

Having announced record corporate revenues in its H1 2015 trading update of + €800 million, sports betting group GVC Holdings issued an activity warning regarding its Greek market operations. GVC which has a Greek market presence through its partnership with Centric Multimedia SA, stated that following imposed government controls of monetary restrictions on movements of funds within Greece, its operations …

Ladbrokes has surprised political commentators by announcing that the UK is more likely to leave the European Union than Greece. The bookmaker has placed Greece at 2/5 to remain a Eurozone member in 2015, while cutting the odds on a ‘Brexit’ from 7/2 to 3/1. Following last Sunday’s Greek Euro Referendum which saw the beleaguered nation vote NO to further …

2015 has not been kind to UK bookmaker’s ambitions to be the best political indicator, as for the second time this year betting markets have failed to call a political outcome correctly. Last week UK bookmakers favoured a YES verdict on Sunday’s Greek referendum. A confident Paddy Power who had offered 2/7 for a Greek Yes, announced that it paid …