Tag Archives: greece

OPAP wins Greek horse racing tender

Greek state gaming and sports betting monopoly OPAP, has won the rights to operator horse racing betting in Greece. The decision to award OPAP was undertaken by the Hellenic Republic Asset Development Fund (HRADF), after it had opened Greek Horse Racing to a competitive tender. Greek news reports have stated that OPAP, had won the tender by submitting an offer …

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OPAP posts better than expected results for Q2 2014

Greek state owned gambling operator OPAP reported improved results in the second quarter of 2014. OPAP saw gaming revenues climb 8% to €947.3 million, as the operator posted an increase in EBITDA earnings of 50% to €68.6 million. The Greek operator, beat market forecasts which had expected a downturn in gaming revenues for OPAP. However OPAP’s net profit dropped 44.5 …

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Bwin sportsbook picks up the slack

Bwin.party has reported a mixed quarter, with sportsbook performance filling in for a drop in poker and casino business. The company revealed that, since the end of June, volumes and gross win margins from the FIFA World Cup have been strong and overall the tournament performance has been in-line with management’s expectations Bwin’s sports betting operation in Italy became the …

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Greek media groups join Oddslife network

While Greek football fans may have their attention focused on Brazil and the national team’s performance, closer to home three of the country’s biggest media brands have been making plans for the upcoming domestic season. A massive multi-media partnership between satellite TV broadcaster Novasports,gr, radio owner NOVASport-FM 94,6, sports newspaper SportDay and social betting platform provider Oddslife will see sports …

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INTRALOT signs four year IT contract with OPAP

INTRALOT has announced that it has signed a four-year  IT contract with Greek operator OPAP S.A. The company will undertake the implementation of the new Data Centres, will provide hardware and system software, as well as services for the operation, maintenance, technical support and system evolution. The contract includes the provision of the use of the hardware and system software of Data …

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INTRALOT awarded ‘Best Multinational Company’ title

INTRALOT has been awarded with the prestigious distinction ‘Best Multinational Company’ during the ‘Diamonds of the Hellenic Economy 2014’ awards’ ceremony organized by STATBANK in Athens. This distinction recognises and rewards INTRALOT’s successful ‘extrovert’ strategy, its commitment to excellence, its robust business growth, as well as its contribution to the Greek Economy. Elias Athanasiou, INTRALOT Group Investors Relations Director, stated: …

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INTRALOT boss recognised by Greek business

INTRALOT Group CEO Constantinos Antonopoulos has been announced ‘Manager of the Year 2013’ at a special ceremony in Athens, in the presence of politicians, prominent public figures, and members of the business community. “Manager of the Year” is an institution that was founded in 2002 by the Hellenic Management Association, in order to honour managers whose vision and outstanding performance …

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Turning point for Bwin.party after 19% drop in revenues

Bwin.party Chief Executive Officer Norbert Teufelberger believes that the group has reached a ‘turning point’ after suffering a ‘challenging year’. Total revenue for 2013 dropped by 19% from €801.6m (£671.5m) to €652.4m (£546.5m) which the company said reflected its shift in policy from ‘volume to value’, ISP blocking in Greece, migration losses and the full year impact of gaming taxes …

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