Tag Archives: greece

Betsson achieves record Q1 results reflecting new market make-up 

Betsson AB CEO Pontus Lindwall

Betsson AB has reported a ‘record strong start to 2023 trading’, as the Stockholm-listed gambling group celebrates its 60th year in business. Publishing its Q1 trading update, Betsson lauds bumper financial results as group revenues increased by 30% to €222m compared to Q1 2022 results of €170m. Headline growth accounted for a 37% increase in casino revenues to €152 and …

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Intralot 2022 dragged by Malta expiration as Nikos takes charge of US INC

SBC News Intralot 2022 dragged by Malta expiration as Nikos takes charge of US INC

Intralot SPA has cited a return to a ‘better operational efficiency’ as the Athens-listed gambling technology group delivers improved EBITDA results despite registering a decline  in headline revenues.     Publishing full-year 2022 results, Intralot registered group revenues of €392m, reflecting a 5.1% decrease compared to FY2021 results of €414m. The decline in headline revenues was primarily attributed to the license expiration …

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Kiron Interactive makes first mark in Greece following new legislation

SBC News Kiron Interactive makes first mark in Greece following new legislation

Kiron Interactive has announced that it has officially received a supplier licence from the Hellenic Gaming Commission (HGC). As the platform can now supply its virtual sports and instant games content to the regulated Greek market, the licence enables Kiron to maintain its growth trajectory, delivering its content to partners and players in the country. Steven Spartinos, Kiron Co-CEO, commented: …

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IMG Arena files against Stats Perform for alleged data rights breaches

SBC News IMG Arena files against Stats Perform for alleged data rights breaches

IMG Arena has filed against Stats Perform over alleged breaches of exclusive data collection rights during Austrian, Czech, German, Greek, and Swiss soccer matches.  In the claim, IMG Arena alleges: “At various times, Stats Perform has for the purposes of its businesses been operating a multijurisdictional, unauthorised ring of data collectors (or unofficial ‘scouts’), which it sends to matches at …

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OPAP doubles 2022 profits as units hit peak Q4 performance  

SBC News OPAP doubles 2022 profits as units hit peak Q4 performance  

OPAP SA reports on an outstanding 2022 financial performance, as the Athens-listed gambling group outperforms all corporate expectations.  Publishing its full-year 2022 results, the Greek gambling and lotteries group achieved record corporate revenues of €1.93bn, up 26% on FY2021 comparative results of €1.53bn. Peak revenues results were achieved off the back of a stellar Q4 trading that generated an all-time …

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OpenBet explores ‘most promising’ Greek market with OPAP

OpenBet

OpenBet has announced a long-term partnership with Greek gaming company, OPAP, concerning the latter’s online sportsbook. Entering the Greek sports betting market for the first time, OpenBet’s technology will power OPAP’s offering, scaling the company’s online betting business and providing a series of ‘competitive advantages’.  As part of the new partnership, the operator will also deliver the full suite of …

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Ringier Sports debuts Sportal in Greece

SBC News Ringier Sports debuts Sportal in Greece

Ringier Sports Media Group (RSMG) continues to expand its European sports betting presence launching its flagship Sportal domain in Greece. Recognised as the leading sports portal in the Balkans and Central Europe, the launch of Sportal.gr will provide Greek audiences with the most comprehensive news, live scores and analysis of sports coverage and betting markets. Greece becomes the sixth European …

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OPAP lauds Q3 sports betting performance ahead of World Cup closing 

OPAP Q3 bounce back hurt by continued lottery declines

OPAP SA looks forward to uninterrupted World Cup trading as the Greek firm continues its strong post-pandemic recovery, benefitting from new online and sports betting upgrades.  The Athens-listed gambling group reports a further consecutive quarter of growth, generating Q3 revenues of  €498m, up 6% on 2021 comparative results of €470m. Period trading saw OPAP’s lottery unit generate stable revenues of …

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Betsson pursues goal of supporting sports in Greece with Super League 2

SBC News Betsson pursues goal of supporting sports in Greece with Super League 2

Betsson has extended its sponsorship of the second division of Greek professional football, which will continue to be named the Betsson Super League 2. The operator has outlined that it will be present at the 30 team’s stadiums by offering ‘fun and entertainment’ to fans. Thanos Marinos, Managing Director for Betsson.gr, commented: “Betsson Super League 2 is one of our …

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Betsson hits peak sportsbook performance ahead of World Cup trading

Betsson AB CEO Pontus Lindwall

Betsson AB has reported consecutive ‘best ever’ quarters, as group leadership looks forward to the FIFA World Cup to close an anticipated record-breaking 2022.  Publishing its Q3 trading update, Betsson generated group revenues of €200m, up 18% on 2021 results of €170m. Headline growth sees year-to-date revenues stand at €556m (YTD2021: €500m). Period trading was bolstered by the early start …

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