Tag Archives: OPAP

Allwyn sets course on $9.3bn NYSE listing captained by Cohn & Robbins SPAC

Allwyn confirms recent news speculation, disclosing this morning that it has agreed to merge with SPAC vehicle Cohn Robbins Holdings Corp (CRHC)– a transaction that will see the multinational lottery operator list on the New York Stock Exchange (NYSE).  Issuing a joint statement this morning, Allwyn and CRHC dealmakers pursue an NYSE listing that will value the lottery group at $9.3 billion (€8.25bn) – representing …

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Stoiximan growth helps OPAP offset retail blues 

OPAP SA has reported a ‘further solid trading period’, as online growth credited to its newly integrated Stoiximan assets have offset continued lottery and VLTs declines.  Publishing its nine-month management performance statement, the Athens-listed gambling group registered a 16% increase in corporate revenues to €1.04 billion (YTD2020: €898m).  A breakdown of unit performance saw OPAP’s betting division achieve a 55% …

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Kaizen appoints proven talent Pablo Puertas as Marketing Director

Kaizen Gaming, the online gambling subsidiary of OPAP SA, has confirmed the appointment of Pablo Puertas as Group Marketing Director.  The executive will form part of Kaizen’s new marketing leadership team, led by Chief Marketing Officer (CMO) Panos Konstantopoulos, that is charged with leading the strategic oversight and performance of Kaizen’s flagship Stoiximan and Betano brands   Puertas joins Kaizen from …

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European Lotteries & ESNGO unite to promote sport for mental health week

STS - European Union flag on blue sky background

Lottery trade associations The European Lotteries (EL) and The European Sports NGO (ENGSO) recently collaborated for a joint webinar during European Week of Sport (23-30 September) to highlight the importance of sport, mental health and well-being. EL noted that it shares the same core values alongside ESNGO of responsibility, sustainability and integrity and is united in its efforts to promote mental health and well-being through …

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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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