Tag Archives: Greece online gambling regulation
- OPAP net profit takes 13 percent Q1 slump
May 24, 2011
At 34 percent state-owned, OPAP is one of Greece’s most valuable assets, but the gaming monopoly which holds the exclusive rights to offer sports betting and lotteries has posted 13 percent drop in first-quarter net profit. Contributing factors to the drop in first quarter net profit were chiefly attributed to...
- OPAP CEO optimistic about future regulation
November 27, 2010
Ioannis Spanoudakis, Chief Executive Officer for OPAP is rather confident about the future of gaming regulation in Greece. The company recently released it's financial results for the quarter in which Spanoudakis said, "We will continue to grow market penetration for key games and aggressively manage our costs. I am confident...
- Greece feeling pressure for gambling regulation
September 23, 2010
Right about now, Greece should be wishing they didn't take monopolistic stance on gambling and an ill-fated ban on gaming machines that resulted in police raids on Internet cafes, confiscations and operator arrests just over five years ago. Raids and bans, confiscations, arrests and seizures, sounds like another country I...