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OPAP - Announcement of substantial
holdings L. 3556/2007 ATHENS, Greece (February 26, 2010) -
Pursuant to the provisions of Article 14 of L.3556/2007 and following a
disclosure submitted by Capital Research and Management Company to OPAP On
25/02/2010, it is announced that Capital Research and Management
Company...................Subscribers
OPAP Against Company's
Further Privatisation ATHENS, Greece (February 23, 2010) --
OPAP's management is against any further decrease of the state's participation
in the company, Europe's biggest betting firm....................Subscribers
OPAP Financial Calendar
for 2010 ATHENS, Greece (February 19, 2010) - In the
context of its obligations according to the Regulation of the Athens Exchanges
and pursuant to articles 4.1.2 & 4.1.4.3.1., OPAP S.A hereby announces its
Financial Calendar of the year 2010 which is as follows...................Subscribers
Opap Chief Spanoudakis
Sees Difficult 2010 Amid Recession ATHENS,
Greece (February 3, 2010) -- Opap SA, Europes biggest publicly traded
gambling company, will have a difficult 2010 as Greeks rein
in spending amid the recession, Chief Executive Officer Yiannis Spanoudakis
said.........................Subscribers
Tax Audit Conclusion For
Fiscal Year 2008 ATHENS, Greece (January 28, 2010) - OPAP
S.A., in accordance with article 4.1.3.1. of the ATHEX regulation, informs the
investment community that the tax audit for fiscal year 2008 has been
concluded........................Subscribers
Election of Members of
the Board in Replacement of the Resigned Members Redefinition of the
Status ATHENS, Greece (January 26, 2010) - OPAP S.A.,
pursuant to article 10 of Law 3340/2005 and resolution 3/347/12.7.2005 of the
Capital Market Commission, announces to the investors that OPAP`s BoD, during
its meeting on January 21st 2010, decided and approved the election and
appointment of Mrs. Panagiota Papadopoulou as temporary independent non
executive member........................Subscribers
Board of Directors
Assignements for the Supervision of the Companys Internal
Auditing ATHENS, Greece (January 26, 2010) - OPAP S.A.,
pursuant to Law 3340/2005 and resolution 3/347/12.7.05 of the Capital Market
Commissions Board of Directors (BoD), announce that OPAPs BoD
unanimously decided and approved the assignment.....................Subscribers
OPAP Sales Agents Oppose
Greek Government Stake Sale Plan ATHENS, Greece (January
18, 2009) Reuters reports that Greek betting monopoly the Greek
Organisation of Football Prognostics's (OPAP) sales agents on Monday threatened
to quit its network if the government further reduced its stake as part of the
country's moves to pay down public debt......................Subscribers
OPAP Government Stake
Sale Talk ATHENS, Greece (January 14, 2010) -- Shares in
Europe's biggest lottery and betting firm, OPAP rose with traders citing talk
that the Greek government may soon reduce its stake in the company to help
reduce its debt. OPAP is 34 percent-owned by the
state........................subscribers
OPAP Announcement
Concerning New Board of Directors ATHENS, Greece (December
30, 2009) -- The Greek Organization of Football Prognostics S.A. (OPAP S.A.)
announces that, pursuant to article 10 of Law 3340/2005 and resolution
3/347/12.7.2005 of the Capital Market Commission, announces to the shareholders
that, following the election of the Board Members by the Extraordinary General
Assembly of the shareholders on 16/11/2007, the Board of Directors convened on
21/11/2007 and defined their status as Executive and Non Executive Members, as
follows:......................Subscribers
New Management Team
Appointed to OPAP ATHENS, Greece (December 30, 2009) -
Greece appointed a new management team to OPAP, Europe's biggest betting firm,
and asked it to lower costs by cutting waste and excessive
salaries......................Subscribers
Lotto Frenzy Grips
Cyprus CYPRUS (December 28, 2009) - A total of 19
million in prize money will be paid by OPAP Cyprus, the company in charge of
betting games, in its three draws on New Year's Eve.......................Subscribers
OPAP To Hold EGM on
Management on December 30 ATHENS, Greece (December 21,
2009) - OPAP's extraordinary shareholders meeting on Friday, December 18, to
elect a new management.................Subscribers
Announcement of The 5th
Extraordinary General Meeting Of "OPAP S.A." On The 18th December
2009 ATHENS, Greece (December 18, 2009) - The Greek
Organization of Football Prognostics S.A. (OPAP S.A.) announces, according to
article 4.1.3.3. of the Athens Exchange Regulation,
that...........................Subscribers
OPAP To Boost Kino
Game ATHENS, Greece (December 2, 2009) -- Greek
Organisation of Football Prognostics' (OPAP S.A.) management has decided to
implement a two (2) month extended hours of operation for its Kino numerical
game..................Subscribers
OPAP S.A. Invites
Shareholders to Its Extraordinary General Assembly ATHENS,
Greece (November 24, 2009) -- The Board of Directors, pursuant to its
resolution dated 30/23.11.2009 (Item 2nd), invites its shareholders to the
Fifth (5th) Extraordinary General Assembly on Friday, December 18th 2009, at
12:00 pm at the Company's offices, 62, Kifissou Ave. in Peristeri, Athens,
Greece, in order to discuss and decide upon the following issues of the daily
agenda..................Subscribers
OPAP Updated Financial
Calendar For FY 2009 ATHENS, Greece (November 24, 2009) --
OPAP S.A., following the 23.11.2009 Board of Directors' resolution for the
distribution of interim dividend for the fiscal year 2009 and pursuant to
article 4.1.4.3.1 of the Athens Exchange regulation, announces the updated
intended corporate actions plan (Financial Calendar) for the FY 2009 as
follows.....................Subscribers
OPAP S.A. -- Interim
Consolidated Financial Results For the Nine Month Period ended September 30th,
2009 ATHENS, Greece (November 23, 2009) OPAP S.A.
(OPAr.AT), the leading gaming operator in Greece, announces its consolidated
financial results for the nine month period ended September 30th, 2009,
prepared in accordance with International Financial Reporting Standards
(IFRS)..................Subscribers
Greece Says To Further
Suspend Gaming Tax ATHENS, Greece (October 26, 2009) -
Greece said on Monday it will extend the suspension of a new tax on gaming
winnings and start talks on the measure, which had met strong opposition from
sales agents of the country's betting monopoly OPAP......................Subscribers
OPAP Resignation
Announcement ATHENS, Greece (October 20, 2009) - OPAP SA,
according to article 2 par. 2 of Capital Markets Commission BoD decision
3/347/12.7.2005, announces to the investing public the resignation of the
non-executive member of the BoD, Mr. Konstantinos K.
Koutroumbis.....................Subscribers
OPAP Agents Say Gaming
Tax Suspended Again ATHENS, Greece (October 21, 2009) -
Greece suspended a new tax on gaming winnings, reported sales agents of the
country's betting monopoly OPAP (OPAr.AT) said on
Wednesday......................Subscribers
Resignation
Announcement ATHENS, Greece (October 19, 2009) -- OPAP SA,
according to article 2 par. 2 of The Capital Markets Commission BoD
decision..................Subscribers
OPAP Announcement
Regarding Write-Off of Unclaimed Dividend for the Fiscal Year
2003 ATHENS, Greece (October 12, 2009) -- OPAP SA hereby
announces to its shareholders that the five year period for the collection of
the dividend for the financial year 2003, expires on December 31st, 2009. After
this date, dividend not collected from entitled parties will be written off, in
favour of the Hellenic State........................Subscribers
OPAP Signs Contract With
Network Agents ATHENS, Greece (September 30, 2009)
OPAP, Greece's lottery and gaming operator, on Tuesday signed a contract with
its 5,000 agents, referring to what it calls strict adherence to the principles
of respecting consumers, gaming services and combating money
laundering...................Subscribers
OPAP Agents Call for
Reforms of the Pame Stihima Game
ATHENS, Greece (September 24, 2009) -- The Pame Stihima
game was launched in 2000 and has been a stable source of profit for OPAP, the
state run gambling monopoly in Greece. In 2008 the game generated total
turnover of 2.21 billion euro.......................Subscribers
OPAP: Press Articles
Clarifications In reply to the Capital Market
Commission΄s letter Nr. 3991/17-9-09, the President and CEO of OPAP S.A.
Mr Christos Hadjiemmanuil has sent the following
letter.......................Subscribers
OPAP CEO Turns Down Job
At IMF ATHENS, Greece (September 18, 2009) - The chief
executive of Greek gaming firm OPAP said on Friday he had turned down his
appointment by Greece's outgoing conservative government to the International
Monetary Fund (IMF) for political reasons......................Subscribers
OPAP CEO To Step Down
For IMF Job- Sources ATHENS, Greece (September 17, 2009) -
Greek gaming firm OPAP's (OPAr.AT) chief executive will step down to take a job
at the International Monetary Fund (IMF).................Subscribers
OPAP Agents Eye New
Walkout Over Gaming Tax-Union ATHENS, Greece (September 14,
2009) - Sales agents for Greek betting monopoly OPAP (OPAr.AT) said last week
they may call a strike to push the government to suspend a new gaming tax law
until after the October 4 general election................Subscribers
OPAP CEO Expects Gaming
Tax To Be Delayed ATHENS, Greece (September 7, 2009) -
OPAP's CEO Christos Hadjiemmanouil expects a ministerial decision to tax
betting games winnings on September 21 to either postpone the implementation of
the tax until after the elections or to be in line with the company's
recommendation...............Subscribers
OPAP Mulls Offering
In-Play Betting Next Year ATHENS, Greece (August 26, 2009)
- Greece's OPAP, Europe's biggest betting firm, was considering offering
in-play betting on its fixed-odds Stihima game next year..............Subscribers
OPAP S.A. Interim
Consolidated Financial Results For the Six Months ended June 30th,
2009 ATHENS, Greece (August 25, 2009) OPAP S.A.
(OPAr.AT), the leading gaming operator in Greece, announces its consolidated
financial results for the six month period ended June 30th, 2009, prepared in
accordance with International Financial Reporting Standards
(IFRS)..............Subscribers
Scratch Lottery Relaunch
ATHENS, Greece (August 7, 2009) - The Economy and Finance
Ministry said yesterday it will revive a scratch-ticket lottery to boost
revenues for public coffers and is to award licenses to two
operators...................Subscribers
OPAP Seen Showing 7.9%
Profit Drop in Second Quarter ATHENS, Greece (August 20,
2009) -- OPAP of Greece, Europe's largest betting firm, is expected to report a
7.9% decline in second-quarter net profit as competition from foreign online
bookmakers hurts sales and a key lottery game loses some of its
novelty......................Subscribers
Announcement Date Of
OPAP H1 2009 Financial Results, HSBC Pantelakis Sees OPAP Q2 Net Income Down
9% ATHENS, Greece (August 19, 2009) -- HSBC Pantelakis
forecasts that OPAP Q2 net income will drop 9% yoy to 161 million euro with
weakness in Stihima gross win ...................Subscribers
OPAP Agents Call For
Improvement of Pame Stoixima ATHENS, Greece
(August 17, 2009) -- The Association of OPAP's Agents (POEPPP) will form a
special committee that will come up with measures and propose to OPAP's
management..................Subscribers
OPAP Agents Ready to
Continue Mobilizations ATHENS, Greece (August 17, 2009) --
At a press interview, the president of OPAP agents union Kyriakos
Toptsidis states he is confident that the recent agents proposals to the
government will be taken into account, while the agents remain ready for new
mobilizations to support their positions..............Subscribers
OPAP and Greek State May
Reach An Agreement On Tax ATEHNS, Greece (August 10, 2009)
- The Ministry of Economy and Finance , OPAP and its agent are close to finding
a common acceptable solution on the taxing of lotteries and the Pame
Stoixima game.....................Subscribers
Union Agents Not To
Conclude Talks With OPAP ATHENS, Greece (August 4, 2009) -
The union of OPAPs agents said that it does not intend to conclude its
negations with OPAP regarding its contractual agreement with the
company.................Subscribers
OPAP Mulls International
Online Betting Expansion - CEO ATHENS, Greece (July 22,
2009) - Europe's biggest betting firm the Greek Organisation of Football
Prognostics (OPAP) is looking into online betting operations outside its Greek
home market to fend off competitors and secure future growth..............Subscribers
Lottery Agents Halt
Strike; State Considers Reducing the Tax Burden on Gambling
Winnings ATHENS, Greece (July 18, 2009) - Sales agents at
Greek Organisation of Football Prognostics (OPAP), Europe's biggest betting
firm, have suspended a strike against a new government tax on players'
winnings....................Subscribers
OPAP Agents Strike, Say
Smoking Ban Hitting Sales ATHENS, Greece (July 16, 2000)
-- Agents for betting firm Greek Organisation of Football Prognostics (OPAP),
Europe's biggest, went on strike on Thursday over a tax on winnings and said a
new smoking ban in public places in Greece had added to a fall in
sales......................Subscribers
OPAP May Miss 2009
Profit Target on Greek Games Tax ATHENS, Greece (July 15,
2009) -- OPAP SA, Europes largest publicly traded gambling company, may
miss its full-year profit target after Greece imposed new taxes on games, Chief
Executive Officer Christos Hadjiemmanuil said.....................Subscribers
OPAP Lottery Agents Plan
Indefinite Strike Over Gaming Tax ATHENS, Greece (July 10,
2009) - Greek sales agents of Europe's biggest betting firm the Greek
Organisation of Football Prognostics (OPAP) plan to go on an indefinite strike
as of next week after Greece raised the tax on winnings.............Subscribers
OPAP in Negotiations
with State Over Tax Elimination ATHENS, Greece (July 8,
2009) - According to sources close to the matter, Greek Organisation of
Football Prognostics (OPAP) is in talks with the ministry of finance over the
new tax regulation on gambling winnings. OPAP asks the State not to eliminate
the tax free amount on Kino winnings and to include in the law that online
betting is illegal......................Subscribers
OPAP Announce
Replacement of Resigned Member of the Board of Directors
ATHENS, Greece (July 3, 2009) -- OPAP SA according to article 2 par. 2 of
the Capital Markets Commission decision 3/347/12.07.2005, announces to the
investing public that, OPAP΄s BoD, on its 17th/29-06-09
session.....................Subscribers
Lottery Giants Eye
Italian Scratch Card Business ATHENS, Greece (June 30,
2009) - The Italian government will launch a public tender for the assignment
of the scratch card concession, probably within this summer, OPAP and
INTRALOT have officially
expressed their interest to bid for the Italian instant lottery
games...................Subscribers
OPAP Agrees New Sales
Deal With Lottery Agents ATHENS, Greece (June 30, 2009)
(Reuters) - Europe's biggest betting firm, OPAP, said on Tuesday it had
renegotiated a binding sales agreement with sales agents in Greece, a move that
will help shield it from any possible deregulation of the Greek gaming
market..................Subscribers
OPAP Interested In
Possible Tender For Italian Lottery ATHENS, Greece (June
12, 2009) OPAP of Greece, Europe's largest gaming company, would be
interested in a possible Italian instant lottery tender if the terms are
attractive................Subscribers
Facelift for 5,000
Lottery Outlets CYPRUS (June 5, 2009) -- OPAP Cyprus
chairman Christos Hadjiemmanouil said that sponsorship is part of the gaming
giants corporate social responsibility, with donations and aid given to
sports, culture, education, the environment and welfare
groups.......................Subscribers
Citi Deems OPAP Q1 as
Solid; Fine-Tunes EPS Estimates ATHENS, Greece (May 27,
2009) -- Citi finds OPAP first quarter performance as solid while it sees
further improvement on distribution costs in the second half of the
year.................Subscribers
Europe's Biggest Betting
Firm Looks to Gaming Opportunities Abroad ATHENS, Greece
(May 27, 2009) - Europe's biggest betting firm, OPAP, is exploring several
opportunities in the gaming sector around the world after the cancellation of a
Turkish tender for its State
Lottery......................Subscribers
OPAP
S.A. Interim Consolidated Financial Results For the Three Months ended March
31st, 2009 OPAPs revenue for the first quarter 2009
increased by 6.0% and reached 1,462.7m compared to 1,379.6m in Q1
2008, primarily due to KINOs continuing satisfactory performance but also
due to the upturn of the numerical games LOTTO and
JOKER..............................Subscribers
Citi Concerned with
OPAP's Beta; Sees Q1 Sales +2%, Profit Flat ATHENS, Greece
(May 21, 2009) -- Citi in a report entitled Allergic to market
Beta goes through OPAPs first quarter performance and sees 2%
sales growth and but sees flat growth sales........................Subscribers
OPAP - Q1 2009 Financial
Results Announcement Date ATHENS, Greece (May 18, 2009) --
OPAP S.A. will announce the Q1 2009 results on Tuesday 26.05.2009, according to
the following schedule.................Subscribers
Agents To Give Green
Light For New Agreement With OPAP ATHENS, Greece (April 15,
2009) -- The association of OPAP's (OPAr.AT) agents is expected to approve the
signing of a new agreement with the betting firm's management, financial daily
Naftemporiki reported...................Subscribers
OPAP Announce Payment of
the Remaining Dividend for Fiscal Year 2008 ATHENS, Greece
(May 7, 2009) -- According to article 4.1.3.4. of the Athens Exchange
Regulation, OPAP S.A. announces to its shareholders that, during the Annual
Ordinary General Assembly of its shareholders on May 6th, 2009 resolved the
distribution to shareholders of the total dividend for the fiscal year 2008 of
2.20 Euro per share.................Subscribers
Turkey Scraps National
Lottery Tender, OPAP Irate ANKARA, Turkey (May 7, 2009) -
Turkey scrapped a tender for the sale of its national lottery after two
bidders, including Europe's largest betting firm, OPAP, failed to meet the
$1.622 billion minimum price, the privatization board is reported to have
said......................Subscribers
Lottery Privatization
Talks Set For Thursday ANKARA, Turkey (May 6, 2009) - Final
talks on the privatisation of Turkey's
National Lottery will be held on Thursday, the state Privatisation
Administration said on Wednesday, after OPAP and Turkcell submitted bids last
month...................Subscribers
OPAP, Turkcell Bid For
Turkey's State Lottery Two Groups Submit Official
Bids For Turkish National Lottery ANKARA, Turkey (April 15, 2009)
- OPAP (OPAr.AT), Europe's biggest betting firm, and Turkcell (TCELL.IS),
Turkey's largest mobile-phone operator, submitted official bids with their
partners on Wednesday in a tender for Turkey's national
lottery..................Subscribers
OPAP Reports Replacement
of Resigned Member of the Board of Directors ATHENS,
Greece (April 14, 2009) -- According to reports, OPAP's Board of Directors, on
its 11th/10-04-09 session, unanimously decided upon the election of the
independent, non-executive member of the Board...................Subscribers
OPAP to Submit Binding
Bid For Turkish Lottery - CEO ATHENS, Greece (April 14,
2009) - Europe's biggest betting firm OPAP will submit a binding bid for a
licence to operate Turkish national lottery,
Milli Piyango, OPAP's CEO
said...................Subscribers
OPAP, INTRALOT Up On
Turkish Tender News ATHENS, Greece (April 9, 2009) --
Shares in Greece's OPAP (OPAr.AT), Europe's biggest betting firm, and
INTRALOT (INLr.AT), the world's
second-largest lottery systems supplier, rise about 5 percent each after one of
their competitors in a Turkish lottery privatisation tender pulls
out.........................Subscribers
OPAP
- Annual Analyst Briefing on the FY08 Results ATHENS, Greece
(March 17, 2009) -- As part of the obligations of the Company, pursuant to
Article 4.1.4.3.2 of the ATHEX regulation, OPAP S.A. announces that a
conference call took place on March 17th, 2009 whereby the Management informed
the analysts and institutional investors on the Group financial results for the
fiscal year 2008. The major figures of the FY08 financial statements were
presented while reference was made on the companys targets and priorities
for 2009....................Subscribers
OPAP
S.A. -- Consolidated Financial Results For The Three and Twelve Months Ended
December 31, 2008 ATHENS, Greece (March 16, 2009)
OPAP announce its consolidated financial results for the three- and
twelve-month periods ended December 31, 2008, prepared in accordance with
International Financial Reporting Standards................Subscribers
OPAP Provides Investor
Update ATHENS, Greece (February 24, 2009) -- OPAP SA
announces that, its Cyprus based, 100% owned subsidiaries, OPAP International
and OPAP Glory, acquired..................Subscribers
EU
Asks Greece to Explain Contract Award to OPAP BRUSSELS
(February 19, 2009) - Greece must explain how domestic gaming monopoly
OPAP was awarded a technology contract
without a public tender, the European Commission (EU) said on
Thursday.....................Subscribers
Turkey Says All Lottery Sale Bidders Fit For
Tender ANKARA, Turkey (February 19, 2009) - Turkey's
Privatization Administration said on Thursday five companies and consortia
which had applied for pre-qualifications met the criteria to join tender for
selling the national lottery company.
UK
Betting Company Says Greek Court Shuts Outlet Again ATHENS,
Greece (February 13, 2009) - UK-based fixed-odds betting company Stanleybet
said on Friday a court ordered its outlet in Athens to be shut again while a
higher tribunal considered its right to compete with Greek gambling monopoly
OPAP...................Subscribers
Greece to Ask Euro-Court for Opinion on UK Gaming Operators vs
Monopoly ATHENS, Greece (February 9, 2009) -- Greece's high
court will seek the opinion of the European Court of Justice over a case
involving UK-based gaming operators Stanleybet (www.stanleyint.com) and William Hill (www.williamhill.com) versus OPAP, a
domestic gaming monopoly (www.opap.gr),
sources told...................Subscribers
OPAP
Announce the Resignation of Two Non-Executive Members of the Board and
Appointment of Executives ATHENS, Greece (February 6, 2009)
-- OPAP SA Board of Directors unanimously approved the resignation
of.....................Subscribers
OPAP
Confident on Turkish Tender ATHENS, Greece (January 24,
2009) - Europe's biggest lottery OPAP is confident it will take part in the
final stage of a tender selling Turkish lottery
Milli Piyango, its chief executive
was quoted on Saturday as saying...............Subscribers
Alarko to Work with
Dogus, OPAP on Turkish National Lottery Tender ISTANBUL,
Turkey (January 20, 2009) - Turkey's Alarko Holding is reported to have said it
signed an agreement with Greek firm OPAP,
Dogus Holding, and Fina Holding to participate together in Turkish national
lottery tender.
OPAP
Monopoly Again Under Pressure ATHENS, Greece (January 15,
2009) - An Athens administrative court temporarily ruled UK-based fixed-odds
betting company Stanleybet can reopen its outlet in the city, the company said
on Thursday, challenging OPAP's betting monopoly in the
country..................Subscribers
OPAP
to Explore Acquisition Opportunities Abroad Despite the Global
Crisis ATHENS, Greece (November 25, 2008) -- OPAP,
Europes biggest betting company, reported better-than-expected
third-quarter earnings yesterday and said it is ready to explore acquisition
opportunities abroad despite the global crisis...................Subscribers
OPAP
Announcement Regarding Interim Dividend Payment For The Fiscal Year
2008 ATHENS, Greece (November 24, 2008) -- OPAP S.A.
announces to the shareholders that the companys Board of Directors during
its on November 24th, 2008 session, resolved the distribution of interim
dividend of euro 0.80 per share against dividend payment for the fiscal year
2008...............Subscribers
OPAP
S.A. Interim Consolidated Financial Results For the Nine Month Period ended
September 30th, 2008- Revenues up 12.2% ATHENS, Greece
(November 24, 2008) OPAP, Europe's biggest betting firm, on Monday
posted a better-than-expected 46 percent rise in third-quarter net profit,
thanks to lower payouts and reduced operating expenses...............Subscribers
CEO
Upbeat on OPAPs Chances for Turkish National
Lottery ATHENS, Greece (November 17, 2008) OPAP plans
to tender for the Turkish government's National Lottery organization Milli
Piyango which is being privatized. OPAP's chief, Christos Hadjiemmanouil,
said.............Subscribers
Investors Find Reasons to Try Their Luck With
OPAP ATHENS, Greece (November 11, 2008) -- OPAP, Europe's
biggest betting firm, seems to have come under the spotlight with many market
gurus predicting tough times ahead, Greeks should continue to fork out lots of
money on bets and lotteries....................Subscribers
Greece Shuts Down UK Betting Firm
Outlets ATHENS, Greece (November 10, 2008) - Greece has shut
down UK-based fixed-odds betting firm Stanleybet's two shops in the country for
violating a law that protects Greek OPAP's betting monopoly.............Subscribers
OPAP
to Challenge Stanleybet's Expansion in Greece ATHENS, Greece
(October 29, 2008) - Greek betting monopoly OPAP said it would take legal
action against UK-based fixed-odds betting firm Stanleybet, after it moved to
enter the Greek market by opening two retail outlets..................Subscribers
OPAP
Has Good Chances To Win Turkish National Lottery-
CEO RHODES, Greece (October 23, 2008) -- Greeces
gaming company OPAP Chairman and CEO Mr. Hadjiemmanouil speaking the media on
the occasion of the World Lottery
Association 2008 Convention and Trade Show that takes place in
Athens, Greece, stated that OPAP has good chances to win the Turkish
National lottery tender Milli Piyango.................Subscribers
OPAP
Announcement of Substantial Holdings L. 3556/2007 ATHENS,
Greece (October 17, 2008) -- Pursuant to the provisions of L.3556/2007, OPAP
S.A. announces, following relevant notification submitted
by..................Subscribers
Lottery Operator Eyes Price Hikes ATHENS,
Greece (October 8, 2008) -- Europes biggest lottery and gaming company
OPAP said it plans to reform its numerical games (including the game KINO)
including a 40%-100% increase in the prices as of November................Subscribers
OPAP
Says Not Eyeing Stake in Spanish Gaming Firm ATHENS, Greece
(October 1, 2008) - Greece's lottery and betting monopoly OPAP has dismissed
reports it is eyeing stakes in Spanish gaming peer Codere and compatriot gaming
systems provider INTRALOT..............Subscribers
OPAP
Response to Hellenic Capital Markets Commission
Letter ATHENS, Greece (September 30, 2008) -- In response to
the letter of the Capital Markets Commission, OPAP S.A. announces the
following...............Subscribers
OPAP
and Super League in a 3-Year Sponsoring Deal of
EUR73m ATHENS, Greece (September 25, 2008) -- Lottery and
gaming operator OPAP and Greek Super league signed a 3-year sponsoring
agreement of EUR 73m, which set strict limitations on the promotion of online
gambling companies at the football stadiums..................Subscribers
OPAP,
to Partner Turkish Business Groups To Bid For Milli Piyango Lottery
-CEO ATHENS, Greece (August 31, 2008) - Europes
biggest betting firm OPAP plans to bid for
Turkeys national lottery Milli
Piyango in a joint venture with Turkish business groups, its chief
executive said in a newspaper interview published on
Sunday.................Subscribers
OPAP
to Bid in Turkish Lottery Tender, more Confident on Monopoly
Franchise ATHENS. Greece (August 28, 2008) - Greek lottery
operator OPAP SA said that it will be joining a consortium to bid for the
Turkish Milli Biyango sports betting
lottery tender because it needs to internationalise and cannot sustain its
national champion position past 2020 when its local monopoly franchise
expires.................Subscribers
OPAP
S.A. Announce Interim Consolidated Financial Results For the Six Months ended
June 30th, 2008 ATHENS, Greece (August 26, 2008) -- OPAP
S.A. (OPAr.AT), the leading gaming operator in Greece, announces its
consolidated financial results for the six month period ended June 30th, 2008,
prepared in accordance with International Financial Reporting Standards
(IFRS).................Subscribers
OPAP
Signs Three-Year, 65m Agreement with Super League -
Sources ATHENS, Greece (July 25, 2008) - OPAP SA has signed
a 3-year sponsorship agreement worth a total of 65 million euros, with the
organizers of Greece's..................Subscribers
OPAP
Eyes Turkish Sport Betting Game and National Lottery
-Sources GREECE / TURKEY (July 16, 2008) -- Greek gaming
company OPAP President & CEO Christos Hadjiemmanouil visits Turkey to
discuss the upcoming tender for sports betting game
"Iddaa"................Subscribers
OPAP
to Introduce New Game ATHENS, Greece (July 7, 2008) -- OPAP
plans to introduce Stihimas variation FlexBet. The game combines on a
single coupon different game categories..................Subscribers
OPAP
- Euro 2008 Sales Seen At 200 Million -
Sources ATHENS, Greece (June 30, 2008) -- Greek betting
monopoly OPAP's revenue from Euro 2008 soccer championship betting will reach
about 200 million euros (US$316 million), meeting market
expectations...................Subscribers
Announcement -- Transfer to OPAP S.A the Ownership of
Technological Infrastructure ATHENS, Greece (June 30, 2008)
-- OPAP S.A. announces to the shareholders that, pursuant to article 13.1 of
the Agreement dated 31.07.2007 between OPAP SA and the consortium
INTRALOT SA INTRALOT INTERNATIONAL
LTD and Betting Company SA, the latter
exercised in writing its put option right whereby it is entitled
to..................Subscribers
Shareholders Approve OPAP Charter Amendments Ahead of
Deregulation ATHENS, Greece (June 25, 2008) - Greek betting
monopoly OPAP got shareholder approval on Wednesday to amend part of its
corporate charter as it prepares for a possible opening of the country's gaming
market.................Subscribers
EU to
Examine OPAP-INTRALOT Procurement Deal ATHENS, Greece (June
23, 2008) -- The European Commission (EC) is examining the OPAP-INTRALOT agreement signed in July 2007,
investigating a potential conflict of interest with EU law for public
procurements.................Subscribers
Brokers Positive on OPAP's New Structure An
Undisputed Market Leader says Beta;
Overweight Broker Sees Stihima Sales at 300
Million ATHENS, Greece (June 19, 2008) -- Eurobank Securities
commenting on OPAP's announcement of its new organisational structure, believes
the new structure supports OPAPs already positive outlook. Eurobank
analysts think...............Subscribers
OPAP
Unveils New Organizational Structure ATHENS, Greece (June
18, 2008) OPAP SA on Wednesday unveiled its new organisational
structure, a move completing a restructuring of OPAP Group, which began in
November 2007................Subscribers
Lottery Company to Expand Product Range and Alleviate
Dependence on State Granted Monopoly ATHENS, Greece (June
11, 2008) - Greek lottery operator OPAP SA said it will try to expand its
product offering and will try to alleviate its dependence on the Greek state to
which it is the exclusive contractor for the domestic gaming
monopoly.................Subscribers
Lottery Employees Give Green Light to Restructuring
Plan - Sources ATHENS, Greece (June 5, 2008)
OPAP employees have reportedly given the green light to the
business restructuring plan, suggested by independent consultant AT
Kearney...................Subscribers
OPAP
Q1 Pleases Brokers; EPS Under Review ATHENS, Greece (May 27,
2008) -- OPAP first quarter came in better than expected and pleased
analysts...............Subscribers
OPAP
Offers Details on Agents Contract, Self-Service Terminals and New
Games ATHENS, Greece (May 27, 2008) - Lottery operator OPAP
SA revealed details of its agreement with agents and offered an update on the
status of its self-service terminals roll-out as well as the likelihood of the
addition of any new games, all in an analysts' conference call held as it
revealed first quarter results on..............Subscribers
OPAP
S.A. Interim Consolidated Financial Results For the Three Months ended March
31st, 2008 ATHENS, Greece (May 26, 2008) OPAP
announces its consolidated financial results for the three month period ended
March 31st, 2008, prepared in accordance with International Financial Reporting
Standards (IFRS).............Subscribers
Credit Suisse Sees OPAP Q1 Net Profit Up 21.2% to 173.8
M ATHENS, Greece (May 22, 2008) -- Credit Suisse expects
OPAP Q1 net income to rise by 21.2% Y-o-Y to 173.8 million, EBITDA of
241.1 million, up 26.7% Y-o-Y and sales of 1.333 million, up 15.8
Y-o-Y on the back of.............Subscribers
OPAP
to Prioritize M&A, Expansion Over Shareholder Payout After
Revamp ATHENS, Greece (May 19, 2008) - OPAP SA will look to
invest its cash pile on acquisitions and other expansion projects, possibly in
South Eastern Europe, once it completes its................Subscribers
OPAP
is a Strong Buy for Citi, Sees Greece Protecting Companys Monopoly
Status ATHENS, Greece (May 19, 2008) -- Citi looks for
OPAPs first quarter net profits of EUR 194 million, up 36% with sales
growing 15%. The broker sees organic growth of................Subscribers
Greece is Not Considering Opening Up Gaming
Market-Sources ATHENS, Greece (May 19, 2008) -- The Greek
Government does not consider opening up the countrys gaming market to
competition............Subscribers
Minister to Meet with EU Commissioner on OPAP
Monopoly ATHENS, Greece (May 8, 2008) -- According to
sources, OPAP's monopoly status is once again on the
spotlight................Subscribers
OPAP
Agents Disagreement Drags On ATHENS, Greece (May 2, 2008) --
According to Greek news sources OPAPs agents disagree with the agreement
OPAPs management announced last Tuesday and they do not intend to sign
it............Subscribers
Final
Agreement Reached Between OPAP and Agents Federation ATHENS,
Greece (April 29, 2008) -- A new age for OPAP and its more than 5000 Agents
begins with a new contractual agreement that defines the relationship between
the two parties. Under this agreement both parties' mutual long term interests
are protected under any circumstances................Subscribers
OPAP
Seeks Expansion Abroad Ahead of Deregulation, Says CEO
ATHENS, Greece (April 17, 2008) --
OPAP's CEO said in an interview that the
company will seek expansion abroad to support profit growth ahead of a possible
deregulation that would end its monopoly in Greece...............Subscribers
Annual Analyst Briefing
On FY07 Results ATHENS, Greece (March 27, 2008) -- As part
of the obligations of the Company, according to par. 4 of Article 292 of the
ATHEX regulation, OPAP S.A. announces that a conference call took place on
27/03/2008 whereby the Management informed the analysts and institutional
investors on the Group financial results for the fiscal year
2007...............Subscribers
OPAP- Agents Close To
Agreement (sources) ATHENS, Greece (April 3, 2008)
Local media source quoted sources close to the company as saying OPAP and its
agents are close to an agreement.............Subscribers
OPAP
"Overweight," Target Price Reduced LONDON, UK (March
31, 2008) - Analyst George Vitorakis of National P&K Securities reiterates
his "overweight" rating on OPAP (OPAr.AT). The target price has been
reduced from..............Subscribers
Gaming Giants Prepare to
do Battle for Turkish Lottery ATHENS, Greece (April 1,
2008) Greek news source quoting what it said was reliable sources from
Turkey reported, many local and foreign companies are interested in state-owned
lottery company Milli Piyango, among them the Greek gaming
operators.................Subscribers
Future Changes in OPAP
Status Not Ruled Out, Says CEO ATHENS, Greece (March 28,
2008) -- OPAP CEO Mr. Chatziemmanouil, said during a conference call that he
does not rule out future changes in the company's monopoly status, due to the
pressure exercised by the European Commission to bend OPAP's status in
Greece..................Subscribers
Merrill Lynch Remains
Neutral on OPAP ATHENS, Greece (March 27, 2008) -- Merrill
Lynch analysts remain Neutral on OPAP. Goldman Sachs analysts think the shares
are fairly valued, trading on a 2008e PER of 10.5x and EV/EBITDA of 7.2x,
broadly in-line with its European gaming peer group...............Subscribers
Goldman Sachs Reiterates
BUY on OPAP ATHENS, Greece (March 27, 2008) -- Goldman
Sachs analysts Karen Hooi and Patrick Hargreaves believe OPAP set of results
confirms the view of OPAPs resilent revenue stream............Subscribers
OPAP Consolidated
Financial Results For The Three and Twelve Months Ended December 31,
2007 ATHENS, Greece (March 26, 2008) OPAP (OPAr.AT),
the leading gaming operator in Greece, announces its consolidated financial
results for the three- and twelve-month periods ended December 31, 2007,
prepared in accordance with International Financial Reporting
Standards..............Subscribers
OPAP 2007 Net Rises 19%
Beats Forecast ATHENS, Greece (March 26, 2008) - OPAP said
on Wednesday 2007 net profit rose 19 percent, beating analysts' forecasts,
boosted by higher revenue from its Kino lottery..................Subscribers
OPAP May Buy Companies
Outside Greece Amid Threat to Monopoly ATHENS, Greece
(March 25, 2008) -- OPAP SA, the only publicly traded gaming company in Greece,
may make acquisitions outside the country as European Union regulators seek to
end the company's domestic monopoly on sports betting and
lotteries..............Subscribers
OPAP Q4:07 Profit Seen
at EUR577.9m Up 13.4% Y-o-Y ATHENS, Greece (March 20, 2008)
-- Marfin analysts expect Q4:07 to be a strong quarter for OPAP lifted by
increased revenues for Stihima and Kino helped also by the new and additional
main terminals that were installed during this period.................Subscribers
OPAP - 2007 Annual
Results Announcement ATHENS, Greece (March 18, 2008) --
OPAP S.A. will announce its 2007 annual results
accordingly................Subscribers
Citigroup Maintains
BUY on OPAP, Lowers PT to 29.5 ATHENS,
Greece (March 13, 2008) -- Citigroup analyst Lambros Papadopoulos Maintains the
Buy rating on Greek Gaming company OPAP, but lowers the price target to
29.5 to factor in deregulation risks.................Subscribers
OPAP to Protect Monopoly
Status, Reiterates CEO ATHENS, Greece (March 12, 2008) --
OPAPs President & CEO Hadjiemmanuil stated in an interview that the
organisation will decide later this year whether to expand in
Greece..............Subscribers
OPAP Announce Plan of
Intended Corporate Actions for 2008 ATHENS, Greece (March
4, 2008) -- OPAP S.A. according to its obligations, as stated in article 292 of
the Regulatory Decisions of the Athens Stock Exchange S.A. announces its
corporate actions plan for 2008................Read the full story at: Vol.42 No.11
OPAP Says it Will Defend
Monopoly Position ATHENS, Greece (February 28, 2008) -
Greek gaming group OPAP will defend its monopoly position in the Greek betting
market after an EU Commission final warning against Greece over restrictions to
competition.............Subscribers
Goldman Sachs Sets BUY
on OPAP, Price Target to 32.6 Euro ATHENS, Greece (February
26, 2008) -- Goldman Sachs sets 12-month, DCF-based price target is 32.6.
This is based on an assumption of a 30% decline in revenue in 2021 (which
implies that OPAP loses 60% of its sports betting revenues) following the end
of the current monopoly rights.............Subscribers
Morgan Stanley Cuts OPAP
Price Target to EUR 25 ATHENS, Greece (February 26, 2008)
-- Morgan Stanley analysts Vaughan Lewis, Jamie Rollo, David Khaw and Audrey
Boriusare cut the price target of OPAP from 30 to
25...............Subscribers
OPAP CEO Defends
Monopoly Status ATHENS, Greece (February 25, 2008) -- Greek
gaming operator OPAP aims to curb spending for 2008, mainly by reducing the
companys sponsorship program by around 10%, according to the CEO Mr.
Chatziemmanouil............Subscribers
OPAP Talks With Agents
Proceed Positively ATHENS, Greece (February 5, 2008) --
According to local media reports sources [unnamed] claim the talks between OPAP
and its agents continue in positive climate..............Subscribers
OPAP Close to New
Agreement With Agents (Sources) ATHENS, Greece (February 4,
2008) Greek news services said that according to sources, OPAP and its
agents will formulate their preliminary new agreement within the week and
expect to finalise it within the next 2 months.....................Subscribers
OPAP in Talks with
Agents Over Increased Fees, Bonus ATHENS, Greece (January
25, 2008) -- Reportedly, talks between OPAP's management and its agents are due
to start at the end of next week.................Subscribers
OPAP Press Articles
Clarifications ATHENS, Greece (January 25, 2008) -- On
January 23rd 2008, commenting on the potential acquisition of the gaming
company William Hill by OPAP SA..............Subscribers
OPAP Announcement of
Substantial Holdings L. 3556/2007 Update ATHENS, Greece
(January 23, 2008) -- Following OPAP's announcement on 22.01.2008 and an
amended disclosure by Capital World Growth and Income Fund, Inc dated
22.01.2008, OPAP S.A. announces that...................Subscribers
OPAP Shortlists Three
Bidders ATHENS, Greece (January 24, 2008) -- Greek lottery
and gaming monopoly OPAP on Thursday short-listed three companies in its tender
to pick a consultant to review operations in a bid to boost
efficiency..............Subscribers
OPAP Announcement of
Substantial Holdings L. 3556/2007 Capital World
Growth increased its stake in OPAP to 5.017% from 4.99% previously
ATHENS, Greece (January 22, 2008) -- Pursuant to the provisions of
L.3556/2007, OPAP S.A. announces following relevant notification submitted,
that the company "Capital World Growth and Income Fund, Inc" holds
16,004,410 shares (direct: 0, indirect: 16,004,410), namely percentage 5.0171%
over the total share capital of OPAP S.A..............Subscribers
Nine Companies Express
Interest in Strategic Reorganization of OPAP (Sources)
ATHENS, Greece (January 23, 2008) -- According to sources, more than nine
companies have expressed interest in the procedures for the strategic
reorganisation of OPAP.............Subscribers
Cost of IT Support
System Cannot be Determined, Says OPAP, INTRALOT ATHENS,
Greece (December 5, 2007) -- OPAP and INTRALOT in separate statements clarified
that the maintenance fee and the cost for the IT support of the new systems is
not easily determined as it has to do with timing and the type of
terminals...........Subscribers
OPAP Announce Press
Articles Clarification ATHENS, Greece ((December 3, 2007)
-- OPAP S.A. in response to the letter of the Capital Markets Commission (ref.
5316/30.11.2007), following an article in Eleftherotypia newspaper and the
previous corporate announcements ......Subscribers
Announcement of Changes
in OPAP Board of Directors ATHENS, Greece (November 22,
2007) -- OPAP S.A., pursuant to article 10 of Law 3340/2005 and resolution
3/347/12.7.2005 of the Capital Market Commission, announces to the shareholders
that.........Subscribers
OPAP Announce Updated
Financial Calendar for FY 2007 ATHENS, Greece (November 22,
2007) -- OPAP S.A., following the Board of Directors resolution for the
distribution of Interim dividend for the fiscal year 2007 and pursuant to
article 292 par.............Subscribers
OPAP Announcement
Regarding Interim Dividend payment for the Fiscal Year 2007
ATHENS, Greece (November 22, 2007) -- According to article
279 of the Athens Exchange Regulation, OPAP S.A. announces to the shareholders
that the companys Board of Directors during its session on
.................Subscribers
Citigroup Maintains
BUY on OPAP, Laudes New CEO ATHENS, Greece
(November 23, 2007) -- Citigroup analysts maintain their Buy Rating on OPAP as
its analysts believe they have seen enough positive pointers to cheer
............Subscribers
OPAP to Streamline
Decision Making, Accountability to Shareholders ATHENS,
Greece (November 22, 2007) - Greek lottery operator OPAP's new CEO, Christos
Hatziemmanouil, said that he intends to streamline decision making, avoid
protracted legal disputes for tenders, and focus on new accountability
structure emphasizing responsibility to shareholders..................Subscribers
New Lottery CEO Talks
About Expansion Plans, Monopoly Status OPAP Wants
Smooth Operations Before Expansion -CEO ATHENS, Greece (November
22, 2007) - Europe's biggest lottery and betting firm, OPAP, wants to ensure
its operations run smoothly after it clinched a crucial IT deal earlier this
year and before it seeks expansion abroad...................Subscribers
OPAP S.A. Interim
Financial Results for the Nine Month Period Ended Sept. 30,
2007 ATHENS, Greece (November 21, 2007) -- OPAP S.A.
(OPAr.AT), the leading gaming operator in Greece, announced today its interim
financial results for the nine-month period ended September 30,
2007..........Subscribers
Goldman Sachs Sets OPAP
PT to 33 Euros ATHENS, Greece (November 19, 2007) --
According to Goldman Sachs research note on OPAP, the 12-month DCF-based price
target is 33 euros per share..............Subscribers
OPAP Announce
Resolutions of the Extraordinary General Assembly 16/11/2007
ATHENS, Greece (November 16, 2007) -- The Societe Anonyme Company, Greek
Organization of Football Prognostics S.A. (OPAP S.A.) announces, pursuant to
article 278 of the ATHEX regulation.................Subscribers
OPAP's New CEO Doesn't
See New Gaming Licenses Anytime Soon ATHENS, Greece
(November 17, 2007) -- The new chief executive of Europe's biggest betting firm
OPAP said he didn't see Greece issuing new licenses anytime soon, securing its
domestic legal betting monopoly for the immediate future...............Subscribers
State Examines
Possibility of Offering Two Gaming Licenses For Tender
(Sources) ATHENS, Greece (November 14, 2007) -- According
to sources close to the government, the Greek State is examining the
possibility of offering two (2) gaming licenses for tender.........Subscribers
OPAP S.A. Announcement
of Substantial Holdings ATHENS, Greece November 9, 2007) --
OPAP S.A. announces, pursuant to the provisions of article 27 par.3 of
L.3556/2007..............Subscribers
Announcement Date of
OPAP Nine Month 2007 Financial Results ATHENS, Greece
(November 7, 2007) -- OPAP S.A. will announce the Nine Month 2007 financial
results on Wednesday 21 November, 2007, accordingly..............Subscribers
Announcement Regarding
Write-Off of Unclaimed Dividend for the Fiscal Year 2001
ATHENS, Greece (November 1, 2007) -- OPAP SA hereby announces to its
shareholders that the five year period for the collection of the dividend for
the financial year 2001....................Subscribers
OPAP Should Continue Its
Monopoly Status ATHENS, Greece (October 29, 2007)
Back in June the European Commission (EC) issued a first formal notice to
Greece for protecting domestic gambling companies.............Subscribers
OPAP Announce Date and
Agenda for Extraordinary General Assembly ATHENS, Greece
(October 24, 2007) -- The Board of Directors of the Societe Anonyme Greek
Organization of Football Prognostics invites its
shareholders..........Read the full story at:
Vol.41 No.6
OPAP Announces
Replacement of a Member of Board of Directors - Election of new Chairman and
Chief Executive Officer ATHENS, Greece (October 23, 2007)
-- OPAP S.A., announces to the shareholders in two consecutive sessions
unanimously decided upon the following............Subscribers
OPAP Reconfirms Three
Years Agreement Signed With INTRALOT ATHENS, Greece October
23, 2007) -- Following today's written & electronic press articles and in
response to the letter of the Capital Markets Commission (ref.
4456/23.10.2007), OPAP S.A. reconfirms the accuracy of the corporate
announcement................Subscribers
OPAP Appoints New
Chairman and CEO ATHENS, Greece (October 2007)
According to Greek news source on Thursday afternoon, the Minister of Finances
G. Alogoskoufis met with OPAP President Mr. S. Kostakos and the CEO Mr. Vasilis
Niadas and asked for Mr. Christos Hadjiemanouil appointment in the position of
Chairman and CEO....................Subscribers
OPAP Management
Reshuffling to Take Place Soon ATHENS, Greece (October 5,
2007) Greek news sources said that according to sources close to OPAP,
next week a management reshuffling in OPAP will be
announced...................Subscribers
OPAP Invites You to
WLA2008 Convention, Rhodes, Greece, October 19-24,
2008 ATHENS, Greece (October 2, 2007) -- OPAP S.A, the
National Lottery Organization of Greece, is honored to invite you to the island
of Rhodes for the 2008 World Lottery
Association Convention...........Subscribers
OPAP,
GTECH Hearing -- Ruling Expected Within Two Months ATHENS,
Greece (September 12, 2007) -- The hearing concerning
GTECHs injunction against OPAP took
place yesterday. A ruling is expected within 2 months...............Subscribers
Eurobank Securities
Upgrades OPAP to Outperform ATHENS, Greece (August 28,
2007) -- According to Eurobank Securities, OPAP stock has recently been under
significant pressure, which Eurobank analysts believe is an
exaggeration....................Subscribers
Lottery Operator Sees
Payout Falling in Q3, INTRALOT to Provide IT Systems, Terminals
ATHENS, Greece (August 24, 2007) -- Greek lottery operator OPAP said that
its payout ratio, which was high in the second quarter, will fall in the next
quarter and its new agreement with local betting technology company INTRALOT is
for the provision of IT systems and terminals.............Subscribers
OPAP Releases Interim
Results for the Six-Month Period Ended June 30, 2007; H1 Net Profit Up 25% to
285.3 million, Above Expectations ATHENS (August 23,
2007) -- Greek lottery operator OPAP said its first-half year group net profits
rose ................Subscribers
OPAP S.A. Announces
Date of H1 2007 Financial Results and Release of regulated information, law
3556/2007 ATHENS, Greece (August 1, 2007) -- OPAP will
announce the H1 2007 financial results, on Thursday 23 August, 2007,
accordingly..........Subscribers
OPAP Could Face Legal
Challenges From Lottery Vendors Over System Upgrade Contract --
Sources ATHENS, Greece (August 1, 2008) -
GTECH and Scientific Games will reportedly be
launching a legal challenge in Greece and in European courts against the
contract that lottery operator OPAP has awarded to
INTRALOT.............Subscribers
OPAP S.A. Announcement
Concerning INTRALOT Agreement ATHENS, Greece (August 1,
2007) -- OPAP is announcing a three year agreement with
INTRALOT starting 31st July
2007.............Subscribers
OPAP, INTRALOT
Finalizing IT Deal- Source ATHENS, Greece (July 31, 2007) -
Europe's biggest lottery and betting firm OPAP is close to finalizing a new IT
deal with Greek lottery systems provider INTRALOT...........Subscribers
OPAP Might Be
Interested In Casino Mont Parnes (EFG Eurobank) ATHENS,
Greece (July 23, 2007) -- Lottery operator OPAP rose 0.5 pct to 26.38
Euro on the ASE general index today reportedly on press reports that said it is
considering competing against Regency Casino........Subscribers
Senior Management
Changes Tipped At Lottery ATHENS, Greece (July 20, 2007) --
The Ministry of Finance (MoF) is dissatisfied with the senior management of
state lottery company OPAP S.A. and is examining the possibility of changing
the management during the summer......Subscribers
Possible Renewal of
OPAP's Agreement With INTRALOT - Reports ATHENS, Greece
(July 12, 2007) - Greece's Minister of Sports met with lottery operator OPAP's
management yesterday to discuss the possible renewal of OPAP's current
agreement with betting technology INTRALOT....................Subscribers
OPAP Cancels IT Tender
Due to Resignation of Committee Members ATHENS, Greece
(July 10, 2007) -- The Board of Directors of OPAP S.A., during its 9.7.07
Meeting, after taking into consideration the Opinion of its Legal Department
concerning the cancellation or not of the results of the Public International
Tender............Subscribers
Lotterys IT Tender
Reportedly on the Verge of Being Cancelled ATHENS, Greece
(July 9, 2007) A number of news sources claim the Board of Directors of
OPAP will continue their meeting today to decide the cancellation of the IT
tender.........Subscribers
EC's Intensions on OPAP
Not Surprising Says Citigroup ATHENS, Greece (June 28,
2007) -- "If confirmed this will not come as a complete surprise to the
market considering the recent actions that have been taken in other European
markets as well" , says Labros Papadopoulos of Citigroup regarding European
Commissions intensions to .....Subscribers
Cooperation Between
Lottery and Betting Company Could Deliver Significant Synergies
ATHENS, Greece (June 19, 2007) -- Reportedly, the CEO of ODIE (the
state-run horse race bets organization) stated that the organization is in
exploratory talks with OPAP for possible co-operation.............Subscribers
Failure to Resolve IT
Tender Will Not Affect Operations ATHENS, Greece (June 14,
2007) -- Europe's biggest betting firm OPAP said it would continue operating
normally even if a key tender to upgrade its IT unit, a key issue for the
lottery's future, failed............Subscribers
OPAP Presenting at the
Association of Greek Institutional Investors ATHENS, Greece
(June 13, 2007) -- On Wednesday, 13 June, OPAP made a presentation at the
Association of Greek Institutional Investors. The company was represented by
.........Subscribers
Resolutions of OPAP 7th
Annual Ordinary General Meeting ATHENS, Greece (June 6,
2007) -- Greek Organization of Football Prognostics S.A. (OPAP S.A.) announces,
according to the ATHEX regulation, that the 7th Annual Ordinary General Meeting
of the Company's Shareholders was held on ..........Subscribers
Lottery Operator
Considering Interesting Proposals for Overseas Expansion
ATHENS, Greece (June 5, 2007) - Greek lottery operator OPAP's CEO, Basilis
Neiadas, said at the companys AGM that it is planning on cautious
overseas expansion after the summer.............Subscribers
World Lottery Business
and OPAPs Role Within it -- A Presentation from the President of the
W.L.A. ATHENS, Greece (June 1, 2007) -- Greece's state-run
lottery and betting pools organisation, OPAP, has a leading role in the world
market of lottery games, Arthur L. Gleason Jr., president and CEO of the World
Lottery Association.........Subscribers
OPAP to Conclude
Negotiations with INTRALOT Soon ATHENS, Greece (June 1,
2007) -- During yesterdays conference call, OPAPs CEO stated that
negotiations with INTRALOT for the
extension part of the six month agreement (lease of 3.5k terminals and
maintenance) are expected to be concluded in few days............Subscribers
OPAP Says Some Aspects
of Contract With INTRALOT May be Extended ATHENS, Greece
(May 31, 2007) - Greek lottery operator OPAPs CEO Basile Neiadas has been
reported by the media as saying that some aspects of their contract with
betting technology company INTRALOT for
the provision of software and terminals may be extended..........Subscribers
OPAP S.A. Interim
Financial Results For The Three Month Period Ended March 31, 2007; Net Profit
Rises 16.9% to 143.4 Million, Beats Expectations
ATHENS, Greece (May 30, 2007) - Greek lottery operator OPAP said that 2007
first-quarter group net profit rose 16.9 pct to 143.4 million, on rising
Kino game sales...........Subscribers
Lottery Appoints New
Internal Auditor ATHENS, Greece (May 22, 2007) -- The OPAP
Board of Directors on May 16, apointed Mr. Paschalis Gkikoudis of Dimitrios
(BSc Mathematics, University of Napoli, Italy) as Internal Auditor replacing Ms
Vasiliki Moulaki who has retired.............Subscribers
Lottery Operator
Confident of Retaining Exclusivity ATHENS, Greece (may 19,
2007) -- Lottery operator OPAP reportedly said yesterday that EU law was in its
favor over its stand to prevent British bookmakers from setting up shop in
Greece.......................Subscribers
OPAP S.A. Issues
Invitation of The Shareholders of the Societe Anonyme With the Title
Greek Organization Of Football Prognostics S.A. to the 7th Annual
Ordinary General Assembly ATHENS, Greece (may 14, 2007) --
The Board of Directors of the societe anonyme, with the title Greek
Organization Of Football Prognostics S.A., with registered offices in
Peristeri of Attika, 62 Kifissou street, according to the Law and the Articles
of Incorporation of the company........Subscribers
OPAP CEO Expects to See
Report on IT Technical Bids This Week ATHENS, Greece (May
14, 2007) - Europe's biggest lottery and gaming monopoly OPAP expects its
evaluation committee to decide this week on the technical bids submitted by
three firms for its IT unit........Subscribers
OPAP IT Tender Results
Due May 9 ATHENS, Greece (April 30, 2007) -- OPAP's IT
evaluation committee will announce the results of the technical evaluation of
OPAPs IT tender on May 9..........Subscribers
Credit Suisse Upgrades
OPAP, Raises Target Price, Monopoly Status Not At Risk
ATHENS, Greece (April 26, 2007) -- Credit Suisse First Boston analysts are
upgrading the rating on Greek lottery operator OPAP to Outperform and raising
the TP from 29 to 33.........Subscribers
UBS Sees OPAP at
33.7 Euros ATHENS, Greece (April 20, 2007) --
According to news sources, OPAP had a mixed
feedback from yesterday's lunch. Good news on Stihima's and Kino's momentum and
OPAP's success in bringing the Stihima game in-house............Subscribers
OPAP to Name IT Tender
Winner By Mid-July - CEO ATHENS, Greece (April 26, 2007)
OPAP will name a winner for a technology upgrade tender by
mid-July..........Subscribers
Lottery Companys
Presentation to Investors ATHENS, Greece (April 23, 2007)
-- OPAP S.A. announces that, according to the article 286 of the regulation of
the Athens Stock Exchange, the company Roadshow to investors, which took place
in London and in Milan between 17 to 20 April 2007, followed ............Subscribers
British Firm Says Its
Time to End OPAP Gaming Monopoly LONDON, UK (April 14,
2007) -- William Hill yesterday launched a fresh challenge against gambling
monopolies in Europe by requesting a licence to open betting shops in
Greece.........Subscribers
Lottery Operator Issues
Analysts' and Institutional Investors' Annual Briefing on the Results for the
Fiscal Year 2006 ATHENS, Greece (March 22, 2007) -- As part
of the obligations of the Company according to article 292 of the ATHEX
regulation, OPAP S.A. announces that a conference call.........Subscribers
Lottery Operator Says
Legal Challenge Will Not Delay IT Tender ATHENS, Greece
(March 22, 2007) - The CEO of Greek lottery operator OPAP, Basile Neiadas, said
at an analysts conference call that betting technology company
Intralot's legal challenge against other
bidders in OPAPs IT and terminals tender is a normal ..............Subscribers
Lottery Operator
Expected to Make Decision on Key Aspect of IT, Terminal Tender Today -
Sources ATHENS, Greece (March 14, 2007) According to
local news agencies, quoting unnamed sources which they claim are close to the
matter, Greek lottery operator OPAP is expected to make a key decision today on
a tender to supply it with IT and terminals.........Subscribers
Lottery Operator Facing
New Delays for IT Tender, IT Tender Evaluation Member May
Resign ATHENS, Greece (March 13, 2007) - Greek lottery
operator OPAP may face new delays to the drawn-out process of its IT tender
because another member of the tender committee is due to resign.........Subscribers
Lottery Operator Nears
Completion of Agency's Network Renovation ATHENS, Greece
(March 5, 2007) -- OPAP has reportedly announced that it will conclude the
renovation of OPAP agency network (that will participate in the renovation
program) during 3Q07. According to Greek news sources the average refurbishment
cost is EUR 600-700 per sq.m., while the renovation of its PoS will be
concluded in 15-days. OPAP has a network of 5.5k agents around the
country.
OPAP S.A. Presentation
at the Association of Members Listed to the Athens Exchange
ATHENS, Greece (February 23, 2007) -- On February 22, the presentation of
OPAP S.A. at the Association of Members Listed to the Athens Exchange took
place............Read the full story at: Vol.38
No.10
Lottery Company To
Announce Technical Evaluation Winner Earlier Than Expected
ATHENS, Greece (February 6, 2007) A local news service reported
today, quoting unnamed sources close to the matter, that the preferred bidder
of the technical evaluation of OPAPs IT tender will be announced within
15-days.........Subscribers
OPAP Chief Outlines
Stihima Risk Management Plan ATHENS, Greece (January 30,
2007) -- In an interview, OPAP's CEO , Mr. Neiadas, said fourth quarter
06 Stihima sales was slightly changed from a year earlier..........Subscribers
Greeks Set To Bet
8.5 billion In Year ATHENS, Greece (January 22, 2006)
-- Greeks are reported to have gambled around 8.5 billion in 2006 with
growing amounts being spent in casinos, on OPAP lotteries and on illegal online
games........Subscribers
Winner of IT Tender to
be Named in June, Says OPAP CEO ATHENS, Greece (January 11,
2007) OPAP CEO Neiadas has reportedly advised that the winner of the
organisations ongoing IT tender should be named by June...........Subscribers
Lottery Players Forgo
Millions in Unclaimed Prize Money ATHENS, Greece (January
10, 2007) -- According to local media reports Greek lottery players failed to
collect some 32 million euros from betting company OPAP in
2005........Subscribers

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