Tag Archives: emma delta
- Intralot seeks Greek national lottery
May 21, 2015
Greek gaming technology firm Intralot has made a proposal to Greece’s Finance Minister Yanis Varoufakis to create a national lottery in the country. Greek betting operator OPAP holds a monopoly on the Greek gambling market, and in 2013, the Greek government sold its 33% OPAP stake to investment group Emma...
- RGA members file suit against Greece for slowrolling online gambling applications
December 4, 2013
Two unidentified members of the Remote Gambling Association (RGA) have launched legal proceedings against the Greek government for allegedly slowrolling their online gambling license applications in order to ensure a decent price for the sale of the government’s stake in the OPAP betting monopoly. In July, the two unnamed companies...
- OPAP Sold to Emma Delta
August 13, 2013
The word 'delay' has been one of the most oft-used words when discussing the matters involving the sale of state-controlled gambling firm OPAP to Greek-Czech fund Emma Delta. There's been one after another over the past few months, and the way things were going, it appeared that a conclusion to...
- OPAP sale hits a snag as Betfair and William Hill call Greece’s bluff
July 2, 2013
Last week, the head of Greece’s privatization agency warned that the recent €652m sale of the Greek government’s 33% stake in gambling outfit OPAP was at risk of coming undone. Stelios Stavridis, head of the Hellenic Republic Asset Development Fund (HRADF), warned that the sale had yet to be finalized...
- OPAP deal could lead to improved outlook for Greece
May 21, 2013
It didn't come with the ease of a smooth transaction, but the recent sale of gambling monopoly OPAP to Czech-Greek consortium Emma Delta could pave the way for Greece to seriously start making reforms in an effort to turn its depleted economy around. At least that's the thought of Greece Prime...
- Lottomatica posts profit rise, confirms €30m Emma Delta stake
May 11, 2013
Italian gaming operator Lottomatica saw revenues rise 2.2% to €798m in Q1 2013, but profits rose nearly 30% to €74.7m in part due to strong video lottery terminal (VLT) sales in Canada via the Spielo International subsidiary. Lottomatica’s mainstay Italian operations saw revenue slip to €464m from €482m in Q1...
IGT shares may have topped last year
May 30, 2017
Six earnings reports, three beautiful women, one hedgehog
September 1, 2013
Greece wants to slash OPAP VLTs to 25,000
August 7, 2017