Betsson has extended its sponsorship of Greek Basketball League team, AEK BC, in a further expansion of its sports marketing efforts in the country. As the collaboration enters its third consecutive season, the Nasdaq-listed online gambling company will remain on the front of the team’s kit as the club marks 100 years of activity. Significantly, AEK BC has also revealed …
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OPAP has vowed to challenge a €24.5m fine imposed on its business for violating the competition terms of Greece and the European Union (EU). The fine was imposed by the Hellenic Gaming Commission (HGC) siding with a challenge made against OPAP, which deemed that the Athens-listed gambling group had violated rules applied by Greece and the EU on fair competition …
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Allwyn International cites confidence in achieving its full-year 2023 corporate objectives as group subsidiaries (legacy and acquired) maintain ‘organic growth’. Publishing its Q2 ‘preliminary results’, an enlarged Allwyn sees its lottery portfolio generate consolidated revenues of €2bn for the first time and adjusted EBITDA of €381m (+35%). Headline growth reflects a 115% year-on-year increase, primarily driven by the recent acquisition …
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The last year has been a busy one for Soft2Bet, with the igaming and sportsbook solution provider entering several new markets in the first half of the year alone. But according to David Yatom Hay (pictured, right), Soft2Bet’s General Counsel, this is just the tip of the iceberg, with big plans already in motion to pursue new, promising opportunities around …
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The Hellenic Gaming Commission (EEEP) has launched a consultation seeking stakeholder feedback and opinion on proposed changes to Greece’s gambling laws. The consultation will review the ‘draft gaming regulation’ aimed at modernizing practices in the regulatory, supervisory, and auditing functions of the country’s gambling sector. In addition, the draft proposal has recommended new ‘administrative controls’ to be imposed on casino …
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Soft2Bet has continued to expand its footprint in the Greek market after receiving a B2B (A1) licence from the Hellenic Gaming Commission. The A1 licence is in addition to the Greek B2C licence received back in May and will enable Soft2Bet to offer its gaming, sports betting and game development services to licensed operators across Greece. David Yatom, Soft2Bet’s General …
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Greece has been in the spotlight over the last few years, with numerous igaming and sports betting companies eyeing up new opportunities within the market. In its latest report, titled Greek Betting Focus, BtoBet analyses the changing regulatory landscape and the factors contributing to the market’s “promising outlook”. The report begins: “The Greek betting and gambling market has a rich …
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The Greek market has long been one to watch, with many sports betting and casino companies expanding their footprint into this region as of late. Soft2Bet has been no exception. Entering the market in May, Soft2Bet is already making its mark on the Greek sports betting and casino market – with plans already in place to take its partners’ gaming …
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Intralot SPA cites confidence in achieving its headline 2023 objectives of improving profitability and reducing long-term debt. The Athens-listed gambling technology group maintains its full-year expectations as Q1 revenues stand at €83.4m, a 4.5% increase from the same period in the previous year, despite encountering an 8.4% decrease in turnover to €89.5m. The decrease in turnover was attributed to the …
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OPAP SPA has cited a strong start to year trading, registering growth across all business units. Publishing its Q1 update, the Athens listed gambling group registered gross gaming revenues (GGR) of €527m, up 15% on 2022 comparative results of €458m. The upswing was attributed to the continued successful implementation of OPAP’s commercial strategy, which boosted growth across both its online …
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