Tag Archives: OPAP SA

Stoiximan retains independence despite OPAP equity increase

GML Interactive, the operating company of Greek online bookmaker Stoiximan, has disclosed that OPAP SA will increase its majority shareholding in the betting group to 84.5%. The transaction will see Athens-listed OPAP continue to increase its equity in Stoiximan’s Greek and Cypriot operations, having become the majority shareholder of the betting asset in 2019 after securing a 51% stake for …

Read More »

OPAP appeals Council of State decision to revoke licence

Greek gambling and lottery group OPAP SA has stressed that it is looking into appealing a recent decision made by the Greek Council of State to revoke its online sports betting licence. Judges of Greece’s highest-ranking administrative court upheld an appeal made by Austrian operator Goalbet, who challenged the Hellenic Gaming Commission’s (EEEP) licensing approval of OPAP online sportsbook subsidiary …

Read More »