Industry News
OPAP first-quarter profit rise, new video lotteries help

Greece-based OPAP on Wednesday posted a 20 per cent rise in first-quarter net profit, helped by its new video lottery business and lower taxation.
OPAP, Europe’s fifth-biggest betting firm by revenue, said net profit in the January-to-March period stood at 39.9 million euros, up from 33.2 million euros in the same period last year.
OPAP, which was sold by the state in 2013, launched a new business for video lottery terminals last year, which is seen as a key growth driver in coming years.
It said it operated 11,519 terminals at the end of March and still aimed for a total of about 20,000 machines in place by the end of the year.
This and increased sport betting more than offset a weak lottery business, boosting gross gaming revenue, which rose 5 percent to 377.3 million euros.
Source: Reuters
-
Africa6 days ago
EGT Digital continues to hit milestones in Africa
-
Asia6 days ago
Skyesports Pro League CS2 Playoffs Announced: Top Four Teams Set to Compete for the Title
-
Asia6 days ago
Parimatch Hosts Rooftop Meet & Greet with Sunil Narine
-
Interviews6 days ago
Irina Laivina, Media 24: “Our content is meant to educate and entertain”
-
Asia6 days ago
Asia Pioneer Entertainment’s Partners win industry awards at Asia Gaming Awards 2025
-
Asia4 days ago
Jetapult-backed UMX Studios launches DriftX, a mobile car racing game
-
Latest News6 days ago
BETBY LAUNCHES MOST COMPREHENSIVE VAQUEJADA BETTING OFFERING, PLACING EMPHASIS ON LOCAL APPROACH
-
Compliance Updates6 days ago
EGBA Backs CJEU Ruling in Gambling Law Case