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OPAP results hit by higher taxes and decline in instant win games

31st August 2016 12:54 pm GMT
OPAP

Greek gaming operator OPAP has reported an 18 per cent drop in net gaming revenue to €125.5m for the second quarter of 2016, following increased tax contributions and a decline in instant win games during the period.

Total amounts wagered fell by 2 per cent to €1.02bn during the quarter, with gross gaming revenue (GGR) declining by 1 per cent to €338.1m.

Sports betting GGR increased by 1 per cent to €94.3m as a result of Euro [...]

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