Tag Archives: OPAP

OPAP SA, the operator of the Greek national lottery and retail sportsbook franchises, has become the principal sponsor of the Hellenic Basketball Federation (EEC).  At a press conference hosted at the Athens Olympic Gymnasium, OPAP was announced as the ‘Gold Sponsor’ of EEC Greek men’s and Women’s basketball teams.  The partnership will span a period of 3-years and will see …

The board of Allwyn Entertainment has confirmed an increase in its shareholding in Greek gambling group OPAP SA from 41.2% to 48.1%.  An agreement was reached with Yeonama Holdings Co, enabling Allwyn to acquire the ‘remaining minority interest’ in SAZKA Delta Investments – an entity that held 6.9% of OPAP shareholders. The transaction will cost Allwyn Entertainment €327 million and …

Allwyn confirms recent news speculation, disclosing this morning that it has agreed to merge with SPAC vehicle Cohn Robbins Holdings Corp (CRHC)– a transaction that will see the multinational lottery operator list on the New York Stock Exchange (NYSE).  Issuing a joint statement this morning, Allwyn and CRHC dealmakers pursue an NYSE listing that will value the lottery group at $9.3 billion (€8.25bn) – representing …

OPAP SA has reported a ‘further solid trading period’, as online growth credited to its newly integrated Stoiximan assets have offset continued lottery and VLTs declines.  Publishing its nine-month management performance statement, the Athens-listed gambling group registered a 16% increase in corporate revenues to €1.04 billion (YTD2020: €898m).  A breakdown of unit performance saw OPAP’s betting division achieve a 55% …

Kaizen Gaming, the online gambling subsidiary of OPAP SA, has confirmed the appointment of Pablo Puertas as Group Marketing Director.  The executive will form part of Kaizen’s new marketing leadership team, led by Chief Marketing Officer (CMO) Panos Konstantopoulos, that is charged with leading the strategic oversight and performance of Kaizen’s flagship Stoiximan and Betano brands   Puertas joins Kaizen from …

Lottery trade associations The European Lotteries (EL) and The European Sports NGO (ENGSO) recently collaborated for a joint webinar during European Week of Sport (23-30 September) to highlight the importance of sport, mental health and well-being. EL noted that it shares the same core values alongside ESNGO of responsibility, sustainability and integrity and is united in its efforts to promote mental health and well-being through …

SAZKA Group remains confident in its full-year financial outlook, as the enlarged Czech gambling conglomerate prepares for the full comeback of business units across European markets. Publishing its H1 2021 interim results (period ending 30 June), SAZKA recorded group revenues of €1.26 billion – up 96% on corresponding 2020 results of €652 million. Topline revenue growth was attributed to the …

OPAP SA reveals solid progress for its business recording headline growth despite its lottery and VLT units being impacted by significant COVID-19 headwinds.  Publishing its H1 trading results (period ending 30 June), OPAP group revenues stood at €570 million, up 12% on corresponding 2020 results of €507 million. H1 growth was primarily attributed to the full consolidation of the Stoiximan …

Speaking exclusively to SBC Leaders, Robert Chvátal reflects on his eight tenure leading SAZKA Group, transforming the Czech operator into Europe’s dominant pan-national lottery operator that now targets winning the National Lottery’s 2023 stewardship by putting forward a generationally innovative bid to reinvigorate the UK’s lottery market.  ____________ SBC: Thanks for speaking with us. 2020 marked your eighth year of …

SAZKA Group has reported a robust opening to its 2021 trading, despite the Czech gambling conglomerate continuing to observe COVID-19 headwinds across its European market profile.  Publishing its Q1 trading results (period ending 31 March), SAZKA registered group gaming revenues (GGR) of €526 million – up 30% on corresponding 2020 results of €405 million. The firm’s improved GGR performance was …