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Sports betting and VLTs drive first quarter growth for Opap

31st May 2018 7:50 am GMT
OPAP

Greek gaming operator Opap has reported a 5 per cent increase in gross gaming revenue (GGR) to €377.2m for the first quarter of 2018, following a strong performance from sports betting and increased contribution from video lottery terminals (VLTs).

Revenue from the company’s core lottery product declined by 15 per cent to €188.7m, mostly due to unfavourable Joker jackpot rollovers.

This was offset by a 13 per cent increase in sports betting GGR to €107.4m, following growth [...]

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