Tag Archives: OPAP

SAZKA rides high off 68% EBITDA growth ahead of full unit comeback

SAZKA Group remains confident in its full-year financial outlook, as the enlarged Czech gambling conglomerate prepares for the full comeback of business units across European markets. Publishing its H1 2021 interim results (period ending 30 June), SAZKA recorded group revenues of €1.26 billion – up 96% on corresponding 2020 results of €652 million. Topline revenue growth was attributed to the …

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Stoiximan consolidation sees OPAP survive tough Greek winter

OPAP SA reveals solid progress for its business recording headline growth despite its lottery and VLT units being impacted by significant COVID-19 headwinds.  Publishing its H1 trading results (period ending 30 June), OPAP group revenues stood at €570 million, up 12% on corresponding 2020 results of €507 million. H1 growth was primarily attributed to the full consolidation of the Stoiximan …

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Robert Chvátal: SAZKA’s transformation has pushed the static boundaries of European lotteries

Speaking exclusively to SBC Leaders, Robert Chvátal reflects on his eight tenure leading SAZKA Group, transforming the Czech operator into Europe’s dominant pan-national lottery operator that now targets winning the National Lottery’s 2023 stewardship by putting forward a generationally innovative bid to reinvigorate the UK’s lottery market.  ____________ SBC: Thanks for speaking with us. 2020 marked your eighth year of …

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SAZKA buoyed by record European lottery sales to sooth Greek headaches 

SAZKA Group has reported a robust opening to its 2021 trading, despite the Czech gambling conglomerate continuing to observe COVID-19 headwinds across its European market profile.  Publishing its Q1 trading results (period ending 31 March), SAZKA registered group gaming revenues (GGR) of €526 million – up 30% on corresponding 2020 results of €405 million. The firm’s improved GGR performance was …

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OPAP recruits James Curwen to lead new digital strategy

OPAP Q3 bounce back hurt by continued lottery declines

OPAP SA has confirmed the appointment of James Curwen as its new Chief Online Officer, leading the Athens-listed operator’s new digital strategy. Curwen will replace incumbent Petr Matejovsky, who is set to leave the company after seven years of service leading the Greek national lottery and sports betting operator’s online divisions. Curwen has over 30 years of career achievements within …

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OPAP diversifies commercial make-up against continued pandemic headwinds

OPAP Q3 bounce back hurt by continued lottery declines

OPAP has reported a ‘record quarter’ for online revenue in its Q1 2021 report, offsetting significant revenue reductions in the retail sector as a consequence of continued pandemic-related lockdowns. The Athens-listed group’s online verticals ‘demonstrated significant growth’, attributed by the company to to both the COVID-19 pandemic in addition to the increased contribution made by Kaizen Gaming – the operating …

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SAZKA counts costs of volatile 2020 trading

SAZKA Group said that it will demonstrate the corporate benefits of its transformed group strategy, which saw its enlarged company units interrupted by the unprecedented events of a volatile 2020.   Publishing its full-year 2020 results, SAZKA group recorded ‘consolidated group revenues’ of €2 billion – up 6% on FY2019 corresponding results of €1.9 billion. However, excluding the performance of the …

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Stoiximan consolidation saves OPAP from year of COVID shocks

OPAP SA holds confidence in its growth strategy and future prospects, despite a tough end-of-year closing derailing its return towards financial stability.  Publishing its full-year 2020 financial results, the Athens-listed gambling group recorded a 30% revenue slump to €1.12 billion (FY2019: €1.61bn) attributed to Greece enforcing its second national lockdown during Q4, which forced OPAP to close 2/3 of its …

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Denmark’s Danske Spil integrates Playtech products

Denmark’s national lottery Danske Spil has become the latest operator to integrate gambling software developer Playtech’s virtual sports betting products. Danske Spil has selected eight of Playtech’s virtual sports titles, covering football, basketball, tennis, greyhound racing, horse racing, speedway, cycling and trotting.  Odds for the virtual betting markets are based on the simulations themselves, enabling Danske Spil’s customers to study …

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OPAP renews Intralot as lead lottery systems supplier

OPAP Q3 bounce back hurt by continued lottery declines

OPAP SA, Greece’s national lottery operator has exercised its two-year extension option on its existing technology services agreement with Intralot SPA who will continue to serve as its lead systems provider for numerical lotteries provisions. Updating stakeholders, OPAP confirms that it has extended its supplier contract from August 2021 to July 2023. This extension will allow Intralot to continue providing …

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