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Revenue decline impacts OPAP’s bottom line in Q3

21st November 2012 8:58 am GMT

Greek gaming operator OPAP has reported a 12 per cent drop in total net revenues to €291.9m for the third quarter of 2012, with year-on-year declines posted across all of the company’s product offerings.

OPAP said that its results continued to be impacted by the harsh macroeconomic environment in its home market of Greece, with total gross revenues falling 11 per cent to €891.3m.

“Q3 2012 was decisive for OPAP, as it clarified the tax framework for [...]

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