Tag Archives: OPAP

SAZKA counts costs of volatile 2020 trading

SAZKA Group said that it will demonstrate the corporate benefits of its transformed group strategy, which saw its enlarged company units interrupted by the unprecedented events of a volatile 2020.   Publishing its full-year 2020 results, SAZKA group recorded ‘consolidated group revenues’ of €2 billion – up 6% on FY2019 corresponding results of €1.9 billion. However, excluding the performance of the …

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Stoiximan consolidation saves OPAP from year of COVID shocks

OPAP SA holds confidence in its growth strategy and future prospects, despite a tough end-of-year closing derailing its return towards financial stability.  Publishing its full-year 2020 financial results, the Athens-listed gambling group recorded a 30% revenue slump to €1.12 billion (FY2019: €1.61bn) attributed to Greece enforcing its second national lockdown during Q4, which forced OPAP to close 2/3 of its …

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Denmark’s Danske Spil integrates Playtech products

Denmark’s national lottery Danske Spil has become the latest operator to integrate gambling software developer Playtech’s virtual sports betting products. Danske Spil has selected eight of Playtech’s virtual sports titles, covering football, basketball, tennis, greyhound racing, horse racing, speedway, cycling and trotting.  Odds for the virtual betting markets are based on the simulations themselves, enabling Danske Spil’s customers to study …

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OPAP renews Intralot as lead lottery systems supplier

OPAP Q3 bounce back hurt by continued lottery declines

OPAP SA, Greece’s national lottery operator has exercised its two-year extension option on its existing technology services agreement with Intralot SPA who will continue to serve as its lead systems provider for numerical lotteries provisions. Updating stakeholders, OPAP confirms that it has extended its supplier contract from August 2021 to July 2023. This extension will allow Intralot to continue providing …

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OPAP Q3 bounce back hurt by continued lottery declines

OPAP Q3 bounce back hurt by continued lottery declines

OPAP SA has recorded a stable Q3 2020 trading period, as the Athens-listed gambling group continues to side with caution in steering all operating units ‘towards business normality’.   Publishing its Q3 2020 trading update for the three-month period ending 30 September, OPAP recorded a marginal 0.7% decrease in group revenues to €391 million, driven by the strong comeback of its …

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SAZKA moves full steam ahead on National Lottery tender

Czech gambling conglomerate SAZKA Group has officially confirmed that it has entered the UK Gambling Commission’s (UKGC) competition for the 4th licence to operate the National Lottery. Since the UKGC published its competition timetable at the start of the year, SAZKA has long been viewed as a ‘National Lottery suitor’ seeking to win the multi £ billion operating contract from …

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SBC Summit Barcelona – Digital: Innovating user experience is crucial for fixed odds

Innovation in the betting industry remains a prominent discussion, however, since the start of the global health pandemic the topic has risen in significance to ensure that new solutions keep customers engaged. On day two of SBC Summit Barcelona – Digital trading experts sat down to discuss what new innovations are being created for fixed odds solutions. A variety of …

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SBC Summit Barcelona – Digital: A new reality for omnichannel

omnichannel

In principle, the challenges for delivering an effective omnichannel strategy remain the same across all gambling territories, but in some cases regulations dictate that this is now more about recreating the same user experience than it is syncing up distribution channels. That was one of the main takeaways from the ‘Creating an omnichannel experience’ panel, sponsored by Italy-based B2B service …

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OPAP delivers on Athens children’s hospital CSR projects

OPAP has completed a major corporate social responsibility initiative after announcing the renovation of Athens’ Aghia Sofia children’s general hospital.  The modernisation of Aghia Sofia’s children’s ward was first announced as a core CSR project by OPAP in 2018, with the betting group taking full responsibility for the funding of the renovation of Athens largest paediatric unit from Athens municipal …

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SAZKA confident of European comeback as assets weather COVID-19 storm

Citing novel coronavirus impacts across its European network, Czech gambling and lottery conglomerate SAZKA Group saw its consolidated Q1 revenues decline by 11% to €405m (Q1 2019: €458m). In an overview of Q1 performance, the group cited trading under unprecedented circumstances, in which subsidiaries OPAP Greece, Casinos Austria and LOTTO Italia have been forced to suspend their entire retail presence …

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