OPAP Q2 revenues up 6.5% as VLTs and lottery rescue sports betting decline

Operator confirms key focus on online segment despite increased revenues from retail machines

Greek gambling giant OPAP has reported a 6.5% year-on-year rise in gross gaming revenue (GGR) for the second quarter of 2019, with revenues increasing to €383.6m (£342m). Overall gross profits from gaming operations rose by 8.6% to €152.3m (£136m), while company EBITDA rose by 24% during the same period to €87m (£77m). Revenues from the…

Damian Cope | Finance | Greece | Lottery | OPAP | Sports betting