Tag Archives: OPAP

European Lotteries to talk sports betting at Betting on Football

European Lotteries

The European Lotteries Association (EL) will host a meeting for members of its Sport Working Group in London on Tuesday 20 March, the registration and networking day for the Betting on Football Conference at Stamford Bridge (20-23 March). EL is the umbrella organisation of national lotteries operating games of chance for the public benefit, which brings together both state-owned and …

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Theo Walcott hits form to light up League of Legends

Copyright: charnsitr / 123RF Stock Photo

Gameweek 25 of the Premier League saw another raft of midweek fixtures thrown into the mix, providing a number of eye catching results. Swansea kicked things off with a 3-1 victory over Arsenal, following up on their 1-0 triumph of Liverpool, at the Liberty Stadium. Bournemouth’s thumping 3-0 win at Stamford Bridge was the pick of Wednesday’s results, while Tottenham …

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Intralot secures further Greek OPAP lead lottery supplier extension

SBC News Intralot secures further Greek OPAP lead lottery supplier extension

Updating the market, Athens-listed lottery and gaming systems provider Intralot has confirmed that it has secured a three-year extension to its lead lottery provisions arrangement with leading Greek market gambling operator OPAP. Intralot will continue to act as the main supplier of OPAP’s ‘numerical lottery products’ and related services. The partnership extensions will see Intralot upgrade OPAP’s lottery management platform, …

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Nick Tofiluk departs UKGC to lead The Cyprus National Gaming Commission

SBC News Nick Tofiluk departs UKGC to lead The Cyprus National Gaming Commission

The UK Gambling Commission (UKGC) has informed that Executive Director and Regulatory Operations lead Nick Tofiluk has departed the organisation to become the Chief Executive of Cyprus’ National Gaming & Casino Supervision Commission. As a UKGC executive, Tofiluk has led the UK governing body’s regulatory operations since 2007, overseeing the implementation of a number of industry-wide UK mandates, regulations and …

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Strengthened infrastructure delivers positive Q3 results for Greek OPAP

SBC News Strengthened infrastructure delivers positive Q3 results for Greek OPAP

Publishing its Q3 2017 trading update (period ending 30 September), Greek gambling group OPAP has detailed strong gains in its betting products and video lottery terminals (VLTs) as the firm homes in on full-year corporate targets and expectations. Updating the market, OPAP would detail group gross gaming revenues of €357 million up 12% on corresponding Q3 2016’s €319 million. Improved …

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Big Delivery…Playtech BGT begins full rollout of OPAP Self-Service Terminals

OPAP Q3 bounce back hurt by continued lottery declines

Playtech Plc sports betting division Playtech BGT (PBS) has detailed that it has begun its rollout of software and systems provisions of Self-Service Betting Terminals (SSBTs) for OPAP, Greece’s largest betting/gambling operator. Having secured its OPAP partnership in February of this year, PBS acts as the exclusive supplier of SSBTs provisions for the operator which currently services + 4,500 betting …

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Year of adjustments sees OPAP financials impacted by higher taxes and infrastructure costs

SBC News Year of adjustments sees OPAP financials impacted by higher taxes and infrastructure costs

Presenting its full-year 2016 results, Greek gambling operator OPAP details that its financial performance has been impacted by higher tax charges combined with a higher operational outlay as the firm prepares for significant operational changes in 2017 While OPAP sustained total group wagering at €4.2 billion and group gross gaming revenues at €1.39 billion, the firm’s earnings and profit metrics would …

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OPAP Greece speeds up infrastructure plan with €200 million bond issue

OPAP Q3 bounce back hurt by continued lottery declines

Greek gambling operator OPAP, will speed up its internal investment plans having secured a €200 million bond issue, through Greek and foreign investors.  The bond will provide the company with the funds needed to carry out its ambitious video lottery terminals (VLT) expansion and upgrade its lottery and gambling networks. OPAP governance detailed that its gained investment would be split into …

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