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OPAP profits in Q3 despite revenue decline

23rd November 2010 9:03 am GMT

Greek gaming monopoly operator OPAP said Monday that it is well positioned to take advantage of the impending regulation of the Greek gaming market, which the company expects to include provisions for online gaming and video lottery terminals (VLTs), despite posting a 6 per cent drop in third quarter revenues to €1,134.6m.

OPAP reported revenue declines across all of its products during the quarter, with total sports betting revenues falling 6 per cent to €439.7m. Revenues [...]

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