OPAP
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ATHEX: PPC, National, mid-caps buoy benchmark to small rise
After remaining in negative territory for most of Monday's session, the benchmark of the Greek bourse broke out of the red toward the end of trading and posted a small rise, helped mainly by mid-caps, which posted respectable gains of 1.76 percent.
Greece's OPAP to conclude video lotto roll-out next year, says CEO
Greece's OPAP, Europe's fourth-biggest betting firm, will conclude the roll-out of a new business of video lottery terminals (VLTs) next year, it said on Thursday.
OPAP's core earnings drop in fourth quarter
Greece's OPAP, Europe's fourth-biggest betting firm, on Wednesday posted a 19.2 percent drop in fourth-quarter core profit, hurt by an austerity tax.
OPAP, which was fully privatized in 2013, currently offers sports betting and lotteries through a network of about 5,750 outlets in Greece and Cyprus.
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ATHEX: Quiet end to a week of gains on the bourse
The anticipation of the start of talks between the government and the country's creditors next week, as well as the long weekend - that saw many traders cut their week short - resulted in a particularly quiet session on the local stock market on Friday, with a mixed picture dominated by sliding banks and rising small-caps.
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OPAP picks Betgenius, Novomatic, BGT Sports as partners
London-based gaming services provider Betgenius will supply Greece-based OPAP, Europe's fourth biggest betting firm, with a new sportsbook platform, OPAP said on Wednesday.
Betgenius will also become OPAP's primary provider of in-play data, delivering fully automated, real-time data for around 130,000 sports events annually for the next two years.
OPAP to launch VLTs by the end of March
OPAP, Europe's fourth-biggest betting firm, will launch video lottery terminals (VLTs) from the end of the first quarter next year, it said on Wednesday.
OPAP's profitability has been sapped in recent years by an austerity tax Greece imposed on its revenue to bolster state finances under the terms of international bailouts.
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OPAP posts drop in Q3 profit
OPAP, Europe's fourth-biggest betting firm, on Tuesday posted a 40 percent drop in third-quarter net profit, hurt by an austerity tax increase on its revenue.
Net profit came in at 29.3 million euros, down from 49.1 million euros in the same period a year ago.
[Reuters]
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ATHEX: Stocks index down 0.57 percent
The closing auctions sent the Greek bourse benchmark into the red on Thursday, while the OPAP gaming company dominated trading for the second day in a row.
The Athens Exchange (ATHEX) general index closed at 578.23 points, shedding 0.57 percent from Wednesday's 581.56 points. The large-cap FTSE 25 index fell 0.13 percent to 1,529.32 points.
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ATHEX: Late surge offsets day's loss on ATHEX
Having spent all day in the red, the benchmark of the Greek bourse received a late boost during the closing auctions on Tuesday, particularly from the stocks of OTE and OPAP, to finish the session marginally in the green, albeit with very thin trading volume.
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ATHEX: Bourse benchmark gains over 10 pct in May
The notable growth recorded during Tuesday's trading session, which saw the benchmark climb above the 650-point mark for a few hours, was reversed by a late selling spree in banks, although the main index still ended the session with gains. Trading volume was particularly high, mainly thanks to the MSCI index rebalancing.
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