Tag Archives: greece
- Report: Greek gov’t to cut casino slots, gaming table taxes
October 10, 2017
International casino investors could take another look at Greece’s gaming market if the government follows through with rumored plans to slash gaming taxes. On Monday, Greek news agency Ekathimerini reported that sources in the country's Economy Ministry say the government is preparing to table new gambling legislation in the next...
- OPAP profits fall one-third on costs of new product rollouts
September 14, 2017
Greek betting and lottery operator OPAP saw its net profit fall by more than one-third in the second quarter of 2017 as revenue declined and the cost of marketing new product rose. Figures released Wednesday show OPAP’s revenue hitting €330m in the three months ending June 30, 2.5% below the...
- Greece wants to slash OPAP VLTs to 25,000
August 7, 2017
Greek authorities are looking to cut the number of video lottery terminals (VLTs) that gaming monopoly OPAP operates in the country. On Friday, ekathimerini.com reported that the Finance Ministry has tabled a bill seeking to slash the number of VLTs to 25,000, so that there will be “a more effective...
- OPAP profit plunges one-fifth as Greek taxman takes bigger bite
March 29, 2017
Greek betting and lottery operator OPAP saw profits fall nearly one-fifth in 2016 thanks to the government taking a bigger tax bite. OPAP released its annual report on Wednesday, which showed Q4 and FY16 gross gaming revenue largely unchanged from the same periods one year earlier, but full-year earnings fell...
- OPAP announces trio of new gaming technology deals
February 1, 2017
Greek lottery and betting operator OPAP has announced a trio of new technology supplier deals as the company looks to upgrade its core services. On Wednesday, OPAP announced that it had selected sportsbook data and services outfit Betgenius as its new digital sportsbook platform provider and primary supplier of in-play data....
- Greek VLT rollout hits another snag as illegal gambling spikes
January 3, 2017
Greek authorities had their hands full policing unauthorized gambling operations in 2016, particularly those involving video lottery terminals (VLT). According to figures released by the Hellenic Gaming Commission (EEEP), local police raided 480 establishments suspected of running unauthorized gambling products last year, resulting in 1,513 arrests and the seizure of...
Greece’s new online gambling licenses to be made available in October
September 17, 2016
Six earnings reports, three beautiful women, one hedgehog
September 1, 2013
Greece wants to slash OPAP VLTs to 25,000
August 7, 2017