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Business
March 14, 2024
OPAP Posts Record-Breaking FY 2023 Results
OPAP, the leading gaming company in Greece, has published its financial results for 2023, reporting record-breaking revenue levels. According to the company, the strong figure was underpinned by the solid growth of both digital and land-based operations. Gross gaming revenue (GGR) for the period hit EUR 2.08 billion ($2.27 billion), an increase of 7.7% year-on-year. […]
Legal
October 2, 2023
OPAP Plans to Challenge “Unfair” HGC Fine
Greek gambling operator OPAP was recently accused of violating Greece and the European Union’s competition laws and handed a €24.5 million fine. However, the company plans to challenge the decision, believing it to be unfair. The fine was imposed on the operator by Greece’s gambling regulator, the Hellenic Gaming Commission (HGC) following an alleged competition […]
Sports
March 15, 2023
OpenBet Signs Long-Term Collaboration with OPAP in Greece
Moving forward, OpenBet has been confirmed as the long-term partner for OPAP’s online sportsbook. OpenBet has already been working with a number of tier-one operators and World Lottery Association members to supply them with outstanding content and betting fixtures, which is precisely what OPAP will benefit from as well moving forward. OpenBet Leverages Its Full […]
Business
November 23, 2022
OPAP Reports Growth in Q3 Boosted by Online Segment
The leading gaming operator in Greece, OPAP, released its latest financial results Tuesday. The company reported strong growth in gross gaming revenue (GGR) for the third quarter and the first nine months of 2022. OPAP Releases Third Quarter Results, GGR up 6.1% In total, OPAP’s GGR for the third quarter this year hit €498.8 million […]
Business
January 16, 2021
OPAP’s Contract with Intralot Extended by 2 More Years
National lottery operator in Greece OPAP SA extended its contract with Intralot SPA, having exercised a 2-year extension option available in the agreement with the technology services provider. As per the contract extension, Intralot will continue to serve as OPAP’s lead systems provider for numerical lottery products and services. Extension Option Exercised The technology and […]
Casino
December 20, 2020
OPAP Interim CEO Jan Karas to Take Over Full-Time
OPAP has appointed former Chief Commercial Officer Jan Karas as full-time CEO. Karas is stepping into the position effective January 1, 2021. Jan Karas Appointed As Permanent CEO Greek gambling operator OPAP has announced that former Chief Commercial Officer Jan Karas will take over as full-time CEO from the beginning of next year. Mr. Karas […]
Business
November 28, 2020
OPAP Reported Stable Q3 2020, Revenues Decrease 0.7%
Athens-headquartered lottery and sports betting monopoly OPAP SA issued its third quarter earnings report posting a relatively stable quarter with a marginal decrease in revenues. The sport betting operator posted 0.7% decrease in group’s revenues year-over year, to €391 million mainly due to its cautious approach to slowly move its operating units towards business normality. […]
Sports
October 24, 2020
Inspired Launches Its Virtual Basketball Game in Greece
The supplier of content, technology, hardware and services for the gaming industry Inspired Entertainment announced the launch of its virtual basketball game in Greece. V-Play Basketball is set to become the third channel of virtual sports, alongside V-Play Soccer 3.0 and Matchday, as it is already available across the entire OPAP retail estate of nearly […]