Greek gaming operator Opap has reported a 4 per cent increase in gross gaming revenue to €1.46bn for 2017, with its newly established video lottery terminal (VLT) business contributing €57.6m.

Lottery represented more than half of Opap’s 2017 gross gaming revenue (GGR) at €818.0m, although this was down 3 per cent compared to the previous year.

This fall was offset by growth in sports betting GGR, up 6 per cent year-on-year to €421.1m, while GGR from Instant & Passives fell marginally year-on-year to €158.9m. The new VLT business contributed €57.6m in GGR during the year, with 10,007 machines rolled out by the end of 2017.

Premium subscribers continue here to the full article.