Tag Archives: greece

INTRALOT appoints ‘partnership pro’ Fernando Ors Villarejo as US sports betting lead

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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VLT upgrades see Greek OPAP ride out tough Q3 trading

Publishing its latest Q3 2018 trading statement, Athens-listed lottery and gambling group OPAP SA reports growth despite being impacted by unfavourable sporting results alongside Greek macroeconomic adjustments. An enhanced OPAP group withstands declines in 2018 wagering activities, as the firm maintains a positive gross-gaming-revenue (GGR) contribution of Q3 2018 – €369 million (+3.2%) running alongside a year-to-date GGR of €1.106 …

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Greek OPAP focuses on ‘future generations’ through legacy Athens Marathon sponsorship

Greek lottery and betting operator OPAP has outlined its social responsibility and fundraising initiatives, acting as the lead sponsor of the 36th ‘Athens Authentic Marathon’ (11 November 2018). Continuing its Athens Marathon legacy sponsorship, OPAP states that its underlining corporate vision is to ‘enhance Greek communities for the benefit of future generations’. Updating its stakeholders, OPAP governance has outlined three …

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Greek OPAP makes 50m euro stake in Stoiximan & Betano brands

Athens-listed  Greek gambling group OPAP has swooped to acquire a 36.75% stake in the holding company of Stoiximan Group, TCB Holdings Ltd for a consideration of €50 million. TCB operates online gaming services under its Stoiximan brand in Greece and Cyprus, and uses its Betano brand in Romania and Germany. In 2017, Stoiximan Group had revenues of 136 million euro and …

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OPAP points to a bright future with terminal upgrades & Hellas pick-up

Publishing its 2018 interim results (period ending 30 June), Athens-listed gambling operator OPAP details strong progress on its ‘2020 corporate vision‘ as the company begins to benefit from its systems and network upgrades. Entering 2018, OPAP would undertake a group-wide overhaul of legacy systems and terminals in partnership with industry technology group Playtech Plc. In its update, OPAP governance details …

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Greece proposes ‘underwhelming’ online gambling framework

Greek Finance Minister Euclid Tsakalotos has presented the initial framework for the nation’s new online gambling licensing regime, seeking to continue the overhaul of Greek-wide industry regulations. Since 2011, The Greek government has allowed 24 operators to operate online gambling services, sanctioned through ‘transitional permits’. The Ministry of Finance will allow these operators first right to secure its revamped online …

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Intralot secures one-year extension of Iddaa Turkey contract

Athens-listed gambling and lottery systems provider Intralot SPA has confirmed that its Turkish subsidiary INTELTEK will continue to act as lead ‘operations and technical support partner’ of Iddaa betting shop/points. Issuing a short market update, Intralot confirms that Turkish state-owned gambling enterprise SporToto has agreed to extend its Iddaa technology agreement with INTELTEK for a further year, commencing 29 August …

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Playtech BGT strengthens ‘OPAP legacy’ completing retail systems upgrade

FTSE-listed Playtech Plc has confirmed that its sports betting subsidiary Playtech BGT has successfully completed the roll-out and systems upgrade for OPAP, Greece’s largest gambling operator. Updating the market, Playtech BGT completes its OPAP terminal delivery and systems upgrade project first announced in September 2017. OPAP’s entire 4,000 Greek retail betting premises will be powered by Playtech BGT modules, supplying …

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Rightlander elevates reach with global expansion

InBet - Copyright: s4svisuals / 123RF Stock Photo

Affiliate compliance tool for the iGaming industry, Rightlander has announced the expansion of its scanning capabilities to 35 new territories. Until recently, Rightlander’s main focus was on the UK market where affiliate compliance has become the responsibility of operators to police. The scanning tool visits affiliate sites from within the UK and looks for specific words, phrases, T&Cs, images and …

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Stoiximan and Betano to provide DFS platform from Scout Gaming

Scout - Copyright: steevy84 / 123RF Stock Photo

Scout Gaming Group will deliver its complete daily fantasy sports (DFS) solution to customers on GML Interactive brands – Stoiximan and Betano. Stoiximan is a leading operator in Greece, a market with an annual turnover of €250-300 million, while Betano, a market leader in Romania, is preparing to enter Germany later this month. Both have been prominent in football sponsorship, …

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