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OPAP net profit falls as 2012 revenues dwindle

12th March 2013 8:48 am GMT

Greek gaming operator OPAP has recorded a 6 per cent fall in net profit to €505.5m for 2012 following a 9 per cent drop in revenues during the year.

Despite revenues falling to €3,971.6m during the period, OPAP said that the results demonstrated “considerable resilience in a harsh macroeconomic environment.”

The company saw revenues fall across all of its sports betting and numerical games during the year, except for its Propo-Goal game.

2012 Revenues

Total sports betting revenues fell [...]

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