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OPAP profits increase in third quarter

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6 years ago

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OPAP profits increase in third quarter
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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.

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Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.

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