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OPAP profits increase in third quarter

OPAP profits increase in third quarterReading Time: 1 minute

 

OPAP, the gambling monopoly in Greece, has seen a surge in profit in the third quarter. The profits zoomed by 18.5 per cent to €39 million, thanks mainly to its burgeoning video lottery business.

OPAP is Europe’s fifth-biggest betting firm in terms of revenue. The company’s gross gaming revenue (GGR) increased by 3 per cent to reach €368.9 million. It operates 16,000 video lottery terminals, with 3,000 terminals being in the pipeline.

OPAP had been state-owned till 2013, when it was sold by the state.


Source: Latest News on European Gaming Media Network

George Miller began his career in content marketing before joining the HIPTHER team in 2016 as an Editor and Content Manager. His ability to distill complex regulatory data into newsworthy B2B content led to his appointment as Head of Content in 2017.…

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