Tag Archives: greece

Presenting its Q3 2016 trading update (period ending 30 September), the governance of Athens-listed gambling systems provider Intralot has stated that the company is beginning to reap the benefit of its new products and projects. Intralot governance pointed to the firm’s marked improvement in group turnover, which had seen it post a 16% increase in Q3 2016 revenues to €320 …

Closing its Q3 2016 (period ending 30 September), Greek gambling operator OPAP has posted a 40% decline in net profits to €29 million (Q3 2015: €49 million). The operator informs its stakeholders that it is continuing to adapt to a ‘challenging environment’ in which it operating margin has been impacted by higher taxes of 35% by the Hellenic Republic. Adjusting …

Intralot showed its continued support for ‘KETHEA’ by participating in the 34th Athens Marathon on Sunday 13th November. ‘KETHEA’ is the largest rehabilitation and social reintegration network in Greece, and helps people suffering from major forms of addiction including gambling. It was the fifth consecutive year in which Intralot runners have completed the 5 km, 10 km and 42 km …

Inspired has announced that it will be soon be starting the rollout of its video lottery terminal (VLT) cabinets with Greek betting and lottery operator OPAP S.A (OPAP). Following the formal announcement of new VLT regulations by the Hellenic Gaming Commission, OPAP has deemed that all appropriate conditions are now in place to allow it to restart plans for the …

Updating the market on its year-to-date corporate performance (nine-month period ending 30 September) European sports betting operator Interwetten has reported a group revenue uplift of 27% to €50 million. Following strong consecutive quarter performances, Interwetten governance detailed that the company was targeting a ‘breakthrough of €1 billion turnover threshold’. For its YTD 2016 performance, the European operator has generated a …

Industry data and analytics provider Betradar has secured an extensive live betting solutions partnership with Greek licensed gambling operator OPAP. The partnership will see OPAP the biggest bookmaker in Greece integrate Betradar provisions for automated live betting markets and in-running trading services throughout the operator’s retail and online betting network. OPAP governance detailed that Betradar live betting services were needed …