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First half revenue drop impacts OPAP’s bottom line

2nd September 2013 8:05 am GMT

Greek gaming operator OPAP has seen its net profit for the first half of 2013 fall by 74 per cent to €67.3m, after the company posted a 15 per cent drop in revenues during the period.

Total revenues fell to €1,744.3m which the company attributed to the severe economic downturn in Greece, with declines across both the company’s sports betting and numerical games offerings.

H1 2013 Revenues

Sports betting revenues were down 26 per cent to €296.4m, mainly [...]

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