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 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 …
Read More »Novibet unveils new leadership and board make-up as Artemis SPAC merger looms
Novibet has notified investors of the composition of its executive leadership team and board of directors, should its planned merger with SPAC partner Artemis Strategic Investment Corporation (Artemis) reach fruition. Declared on 30 March, the Greek online gambling group had secured a strategic arrangement to merge with Artemis, a SPAC vehicle that plans to list Novibet on the Global Nasdaq …
Read More »GLMS signs up 3 new associate members in fight against sports corruption
The Global Lottery Monitoring System (GLMS) has added three new associate members in its fight against manipulation in sports betting. Following the launch of its updated statutes in September 2020, which permitted associate membership “to all entities engaged in enhancing sports integrity”, the CSCF Foundation for Sport Integrity, the Hungarian Supervisory Authority for Regulatory Affairs (SARA) and the Greek National Platform for Sports Integrity (EPATHLA) have all …
Read More »Greece lifts €2 cap on online casino wagers
The Greek government has confirmed that it will ease player wagering restrictions on online casino and poker verticals. Positive developments for market incumbents will see the government increase its €2 maximum wager on online casino (slots and table games) to €20. Announced by the Hellas government gazette, the increase on maximum wagers will be instantly effective from May 2022 onwards …
Read More »OPAP offloads Betano stake to Allwyn investment vehicle
OPAP SA has notified investors that it has divested its ‘minority interest’ in Betano, the Pan-European sportsbook subsidiary of Kaizen Gaming. Issuing a market filing, the Athens-listed gambling group disclosed that it had sold its 36.75% stake in Betano to Rubidium Holding – a fully owned ‘indirect’ investment vehicle of Allwyn Entertainment. Deal terms will see OPAP receive an upfront …
Read More »Intralot returns to black as Kokkalis transformation bears fruit
Intralot SA has branded 2021 as a breakthrough year for its business, as the Athens-listed gambling technology group accomplished its structural reorganizational directive, that secured financial benefits beyond previous expectations. Publishing its full-year 2021 financial report, Intralot declared a group underlying EBITDA of €110 million up 67% on comparative FY2020’s results of €66 million. Group earnings were bolstered by a …
Read More »Kaizen hires Stella Voulgaraki to lead Euro recruitment drive
Kaizen Gaming, the operating company of Stoiximan and Betano sportsbook brands, has confirmed the appointment of Stella Voulgaraki as Chief People Officer (CPO). An expert in developing human resources and talent development disciplines for tech-led businesses, Voulgaraki joins Kaizen Gaming’s senior executive leadership from pan-European IT conglomerate NetCompany IntraSoft. Voulgaraki was marked as a key C-level hire, who will work …
Read More »OPAP nets 26% profit jump as units return to full strength
OPAP SA has hailed its full-unit business recovery, as the company records a strong end of year performance to offset early 2021 COVID-19 headwinds. Publishing its full-year 2021 results, the Athens-listed gambling group reported corporate revenues of €1.58 billion, up 36% on FY2020 results of €1.13 billion. Headline growth was attributed to the full-strength return of its lottery unit during …
Read More »OPAP nets Gold Sponsorship of Greek Basketball
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 …
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