Tag Archives: greece

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

OPAP Q3 bounce back hurt by continued lottery declines

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

OPAP Q3 bounce back hurt by continued lottery declines

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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6 of the Best – Favbet’s Nikos Chalikias

10Bet - Oshri Kostiner

This week’s 6 of the Best gives our readers an insight into the life of “true working-day routine lover” Nikos Chalikias, the CEO at Favbet. Keep reading to find out about his crazy 10-day trip to Bangkok, the sporting comeback which served as a pre-cursor to Liverpool’s Miracle of Istanbul, and a Netflix series where every episode feels like a …

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Tipbet expands Greek coverage with Iraklis 1908 sponsorship

European betting group Tipbet continues to expand its profile and coverage within the Greek market, confirming that it has become the lead sponsor of football club Iraklis 1908. Based in the city of Thessaloniki (Macedonia), Iraklis 1908 is one of Greek football’s oldest professional clubs. Securing its lead partnership with Iraklis 1908, Tipbet becomes the official shirt sponsor of the …

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Winning Post – Opportunity for US sportsbetting begins to emerge

Regulus Partners, the strategic consultancy focused on international gambling and related industries, gives an insight into some of the key developments in the gambling industry as part of its ‘Winning Post’ column. US: sportsbetting regulation – slam dunk or airball? The nature of any US sportsbetting opportunity ‘post PASPA’ is now starting to take shape, with a number of states …

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