Bookmakers
Utilization of assets to fetch 4.2 bln by the end of 2018
The utilization of state properties is supposed to fetch revenues of 2.15 billion euros this year and 2.07 billion euros next year according to the midterm fiscal plan being debated in Parliament. After that, revenues are slashed drastically to about 100 million euros per annum.
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.
Manhunt launched for masked gunman
Police in Athens on Tuesday were seeking the masked gunman who held up a betting shop in the northern suburb of Metamorfosi on Monday night, the fourth armed robbery of an OPAP agency in the Greek capital in a week.
The assailant threatened the store's manager with a gun and made off with an undisclosed amount of cash.
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Fourth Athens betting agency held up in a week
A masked gunman held up a betting shop in the northern Athens suburb of Metamorfosi on Monday night in what was the fourth armed robbery of an OPAP outlet in the Greek capital in a week.
The unidentified assailant threatened the store's manager and made off with an undisclosed amount of cash. He is being sought by authorities.
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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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Bet365 Gets Poker, Casino License by Bulgaria's Gambling Commission
Fans of casino and poker games in Bulgaria have an occasion to celebrate after the largest Internet site for gambling in the world Bet365 uploaded on its site the sections with casino and poker games having received a license for these from the State Commission on Gambling.
Greece's OPAP to revive plans for video lotto after new gaming rules
OPAP will revive plans to launch a video lottery terminals (VLTs) business, Europe's third largest betting firm said on Wednesday, after Greece's gaming commission approved new rules.
OPAP had planned to launch video lottery machines last year but halted the project after Greece introduced tougher betting rules.
ATHEX: Lamda, OPAP buoy bourse
Non-bank blue chips including Lamda Development, OTE and OPAP buoyed the benchmark of the Greek stock market on Wednesday, which only posted marginal gains despite the increase in trading volume. While a fourth consecutive session of decline was averted, it appears that reaping gains from the bourse in the medium term will demand patience.
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