Tag Archives: greece

Kokkalis ends INTRALOT CEO tenure transferring control to Christos Dimitriadis

Issuing a market filing, Athens-listed gambling and lottery systems supplier INTRALOT SPA has confirmed that Chairman Sokratis Kokkalis has ended his interim CEO tenure, confirming Christos Dimitriadis as new company leader. Effective immediate, Kokkalis has transferred day-to-day control of INTRALOT ’s executive team to Dimitriadis who takes the position of Group Chief Executive and is further promoted to serve as …

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New look OPAP bolsters its executive management team

Athens-listed Greek gambling group OPAP SA has announced a series of executive C-level appointments to strengthen its commercial development and leadership capacities. Long-term executive Jan Karas has been promoted to the leadership position of Group Chief Commercial Officer (CCO) having previously served as Chief Operations Officer of OPAP’s retail division. Karas retail responsibilities have been transferred to OPAP Group Chief Operations Officer …

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Stoiximan dominates first-ever Betarades Greek Bookmaker Awards

TCB Holdings‘ flagship sportsbook property Stoiximan took home an unprecedented seven awards at the inaugural ‘Betarades – 2020 Greek Bookmaker Awards’. Stoiximan was crowned ‘Best Greek Sportsbook’ by Betarades judges, and also claimed the marquee title of ‘Players Choice’ for best Greek market bookmaker. In 2019, Stockholm-listed industry publisher Better Collective announced that it would be hosting a gala event for …

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Greek Ministry of Finance submits draft legislation to European Commission

The Greek Ministry of Finance has confirmed that online sports betting and other games will be subject to different licences as shown in the draft gambling regulations submitted to the European Commission. The draft legislation comes as the Ministry of Finance seeks to implement further controls on the gambling industry. As confirmed in the legislation, online sports betting licences will …

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INTRALOT expands US leadership through Klironomos promotion

Athens-listed gambling technology group INTRALOT SPA has moved to restructure the leadership of its corporate accounting and auditing units. Updating investors, INTRALOT governance confirms the promotion of current Internal Audit Officer Lampros Klironomos to the executive position of Chief Financial Officer (CFO) of the group’s ‘INTRALOT INC’ US division wagering and lottery systems division. Klironomos has served as group auditing …

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Intralot focuses on group transitions as dire results continue

Athens-listed gambling technology group Intralot SPA has posted a further quarter of negative declines across its core business metrics and KPIs as it continues to focus on a business transformation programme to counter corporate headwinds for its operating markets. Publishing its latest Q3 2019 trading statement (period ending 30 September), Intralot reports a 6% decrease in year-to-date revenues of €555 million …

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Smooth VLT upgrade sees OPAP confident of delivering on all 2019 targets

Athens-listed gambling group OPAP SA is confident it will deliver on its full-year corporate expectations after recording a strong Q3 2019 performance including growth across all core metrics. Continuing to reap the benefits of its VLT and systems upgrade, OPAP maintains year-to-date revenues of €1.173 billion – up 6% on year-to-date (YTD) 2018 comparatives of €1.106 billion. Publishing its latest …

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Better Collective Spotlight: Early signs of success for first Greek Bookmaker Awards

Greece

This month’s Better Collective Spotlight explores the “excellent opportunity” for Better Collective to build on the relationship it has with online bettors in Greece through launching the Greek Bookmaker Awards in partnership with Betarades. The 12-category awards night (23 January 2020) will be hosted by Betarades, a Better Collective-owned provider of sports insights and free betting tips in Greece. Better …

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OPAP secures Greek market clearance on Stoiximan investment

Greece’s markets & competition authority HCC has granted its approval for market leader OPAP to acquire a majority stake in online bookmaker Stoiximan Group. The transaction initiated at the start of 2019, sees OPAP agree to acquire a 51% stake in Stoiximan for €95 million, a Greek and Cypriot online sportsbook property operated by Malta-based European online gambling group GML …

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Greece sets affiliate licensing conditions for revamped gambling market

Further requirements published in Greece’s approved new gambling bill, will require affiliate marketing partners to register and pay a €1,000 licensing fee with the Hellenic Gaming Commission (HGC). This October, following a year of deliberation, the Greek Parliament progressed final amendments of its new gambling bill, which will introduce a modern regulatory framework for online gambling services. Serving as lead …

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