Greek operator enjoys major positive shift

Greece’s OPAP gaming operator has reported a positive set of figures for its half-year to end June.

The company saw GGR up by 57.7 per cent to €899.2m with lottery providing a much-needed boost as shops reopened. Sports betting also contributed strongly with a near-40 per cent rise to €286.6m.

Another positive came from VLTs that almost increased fourfold to €143.9m compared with just €36.1m in the comparative half-year.

Said CEO Jan Karas: “The half-year was beyond any doubt coloured by the lifting of the remaining Covid-related restrictions in retail, while at the same time we faced softer consumer spending arising from the increasing macro turbulence.”

EBITDA reached €335.7m, up from €204.8m and net profit was €167.2m against €78.9m.