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The World-Wide Lottery Guide is brought to you with the compliments of


OPAP S.A.
(Greek Organisation of Football Prognostics)
Address: Kifisou 62 Av. GR-121 32 Peristeri, Athens
Postal/Postboks Address: As above
Internet: http://www.opap.gr
E-mail Address: opap@otenet.gr
Phone: + 30 210 5798000
Fax: + 30 210 5798342
Population: 10.7 million (est. 2007)
CEO: Mr. Christos Hadjiemmanouil
Year Lottery Founded: 1959
Sales FY 2006: € 4.6 Billion
Number of Employees: 234
On-line Vendor: INTRALOT
Internet Gaming System: N/A
Instant Ticket Vendor: N/A
ITVMs: N/A
Games Offered: Lotto 6/49, Toto, TotoGoal, Joker 5/45 and 1/20, Proto, Extra5, Super3, Kino, and Sports Betting.
Beneficiaries: Football
Jurisdiction: Greece

 

Lottery News 2010

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, Europe’s 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 Company’s 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 Commission’s Board of Directors (BoD), announce that OPAP’s 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

Lottery News 2009

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 OPAP’s 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, Europe’s 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 giant’s 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
OPAP’s 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 KINO’s 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 OPAP’s 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 company’s 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

Lottery News 2008

OPAP to Explore Acquisition Opportunities Abroad Despite the Global Crisis
ATHENS, Greece (November 25, 2008) -- OPAP, Europe’s 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 company’s 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 OPAP’s 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) -- Greece’s 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) -- Europe’s 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) - Europe’s biggest betting firm OPAP plans to bid for Turkey’s 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 Stihima’s 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

Shareholder’s 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 OPAP’s 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 Company’s Monopoly Status
ATHENS, Greece (May 19, 2008) -- Citi looks for OPAP’s 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 country’s 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 OPAP’s agents disagree with the agreement OPAP’s 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 OPAP’s 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) -- OPAP’s 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 company’s 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

Lottery News 2007

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 company’s 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 GTECH’s 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

Lottery’s 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 Commission’s 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 company’s AGM that it is planning on cautious overseas expansion after the summer.............Subscribers

World Lottery Business and OPAP’s 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 yesterday’s conference call, OPAP’s 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 OPAP’s 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 Company’s 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 OPAP’s 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 organisation’s 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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