Tag Archives: VLTs
- 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...
- The new gaming segment at the Belgrade Future Gaming 2017
June 20, 2017
The sophisticated and very successfully elaborated gaming system on the VLT tablets– MLT one™ platform, has became the most discussed project at this year’s Belgrade exhibition grounds. The MLT exposition has significantly differed from the others …. After a long period of time a product has arrived, which fits into...
- PlanetWin365 new #2 in Italy’s online sports betting market
June 15, 2017
The SKS365 Group’s PlanetWin365 betting brand held on to second place in Italy’s online revenue charts for the second straight month. Figures compiled by Italian gaming news agency Agimeg.it show Italian-licensed online sports betting sites handling total wagers of €486.6m in the month of May, down roughly 10% from April’s...
- VLT rollout costs drag OPAP Q1 net profit down by 8.7%
June 13, 2017
Hurt by costs of rolling out a new video lottery business, Greek betting and lottery operator OPAP reported an 8.7 percent in net profit for the first quarter of 2017. The Greek-based operator said its net profit for the first three months of the year came in at €39 million...
- Lawsuit accusing Atlantic Lottery VLTs of ‘deceptive’ practices gets green light
January 5, 2017
Two video lottery terminal (VLT) users have cleared a hurdle in their legal fight against Canada's Atlantic Lottery Corporation (ALC) over practices that they claimed are deceptive, dangerous and illegal. The legal battle dates back to 20017, when lead plaintiff Douglas Babstock and Fred Small filed a lawsuit accusing ALC...
- 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