Tag Archives: OPAP

European Lotteries to descend on Betting on Football

Betting on Football

Major operators from 17 different jurisdictions are using next month’s Betting on Football conference as the perfect opportunity to meet and discuss the future of sports betting in their sector. The European Lotteries association (EL) will host a meeting for members of its Sport Working Group in London on Tuesday 19 March, which is part of the wider Betting on …

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Greek EEEP give clarity on responsibility code but Hellas remains an unattractive prospect

The Greek Gambling Commission (EEEP) has issued a ‘quick-fire’ response to its new draft laws on online gambling, giving national stakeholders just 10-days (deadline 25 January) to review and respond to its propositions. The EEEP is reported to have added a number of amendments and provisions to the Finance Ministry’s co-developed Greek online gambling framework, initially proposed last 11 September. …

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OPAP increases stake in Stoiximan assets

Expanding its digital presence, Athens-listed gambling group OPAP has confirmed that it has agreed to acquire a further 51% stake in Stoiximan Group for €95 million. Issuing a market filing, OPAP confirms that it will undertake the transaction through its ‘OPAP investments’ subsidiary which will acquire the Stoiximan equity from operating company GML Interactive. Gaining the majority shareholding in Stoiximan …

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TotalCasino launch sees Playtech up Polska profile with Totalizator Sportowy

FTSE-listed gambling technology group Playtech Plc has announced the launch of TotalCasino (TotalCasino.pl) – Poland’s first regulated online casino in partnership with state-owned national lottery operator Totalizator Sportowy. Entering 2018, Playtech had been selected by Totalizator Sportowy as its lead digital systems provider, with the legacy Polish operator seeking to expand its services. Totalizator Sportowy has run Poland’s lottery services for …

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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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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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Injuries take their toll on fantasy managers

Copyright: cepn / 123RF Stock Photo

It proved to be a frustrating week for fantasy managers, with a smattering of injuries ensuring a vast majority of scores failed to live up to the lofty expectations of recent weeks. With Manchester City’s Sergio Aguero already out injured many turned to Harry Kane to captain and earn double points, but disappointment followed as the England striker limped out …

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