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OPAP shrugs off difficult Q4 to post full-year revenue increase

31st March 2016 9:55 am GMT

Greek gaming operator OPAP has posted an 8 per cent increase in net profit to €210.7m for the full 2015 year, despite fourth quarter results being impacted by a €15m impairment of the Hellenic Lotteries license relating to the underperformance of the business.

Gross gaming revenue (GGR) rose by 2 per cent to €1,399.7m in 2015, despite total wagers remaining at the same level as the previous year at €4.26bn. With a [...]

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