The Daily News Service, the competitive edge you need. Insightful information about lotteries, vendors and the people who lead them -- Click Here

Home

Want to know more than the headlines
Sign-up Now!

Return to Index

Logo


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 2008

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

Lottery News 2006

OPAP S.A. Announcement Regarding Interim Dividend Payment for the Fiscal Year 2006
ATHENS, Greece (November 30, 2006) -- According to article 279 of the Athens Exchange Regulation, OPAP S.A. announces to the shareholders that the company’s Board of Directors in its session.....................Subscribers

OPAP Sees No Further Obstacles in IT Tender
ATHENS, Greece (November 30, 2006) - Greek lottery operator OPAP saw no further obstacles in a key tender to upgrade its technology.................Subscribers

Credit Suisse Revises Downwards OPAP's Profits
ATHENS, Greece (November 17, 2006) -- Credit Suisse revised downwards its estimates for OPAP profits, maintaining, however, their ‘Neutral’ rating and the price target at €29 per share.............Subscribers

OPAP Appoints General Managers and Special Advisor for Stihima Game In-House Risk Management
ATHENS, Greece (November 7, 2007) -- OPAP S.A., according to Law Ν. 3340/2005 and resolution 3/347/12-07-05 of the Capital Market Commission BoD, announces that the Company’s Board of Directors assigned duties to the following General Managers..............Subscribers

OPAP Announcement Concerning the Risk Management and Operation of Stihima
ATHENS, Greece (November 3, 2007) -- The Management of OPAP S.A. announces to the investment public that, in completion of the necessary preparatory actions for the in house undertaking of the risk management and operation of the STIHIMA.............Subscribers

OPAP Confirms Risk Management Contract with INTRALOT
ATHENS, Greece (November 3, 2006) -- The Management of OPAP S.A. announces to the investment public that, in completion of the necessary preparatory actions for the in house undertaking of the risk management and operation of the STIHIMA game..............Subscribers

Presentation of OPAP S.A. at the Association of Greek Institutional Investors
GREECE (October 11, 2006) -- OPAP S.A. made a presentation on Wednesday October 11 at the members of the Association of Greek Institutional Investors. Reference was made on the latest corporate developments and the first half 2006 financial results..............Subscribers

Stihima's FY06 Turnover Estimated at.....
ATHENS, Greece (October 12, 2006) -- OPAP’s CEO Mr. Niadas in a meeting with Greek institutional investors stated that Stihima’s turnover in 2006 is expected to reach..................Subscribers

OPAP Calls For Internet Gambling Ban
CYPRUS (October 4, 2006) -- OPAP, the state-owned lottery company stated that the company will inform the Minister of Finance (MoF) and the ministry of sports to adopt similar measures as those adopted by the US congress in order to ban payments to online gaming companies........................Subscribers

OPAP Evaluates Participants' Offers for its IT Tender
ATHENS, Greece (October 2, 2006) -- OPAP has reportedly asked the three (3) participants in its IT tender to present their offers for a second time given the recent changes .................Subscribers

Lottery to Ask IT Bidders to Present Proposed Bids Again
ATHENS, Greece (September 29, 2006) – OPAP is expected to ask the three bidders for its tender for a new IT system and terminals to present their proposals again between.................Subscribers

Lottery Company Board Appoints New General Manager of Finance & Development
ATHENS, Greece (September 21, 2006) -- In the framework of the obligations deriving from the valid decisions 5/204/2000 and 3/347/12-07-05 of the Board of Directors of the Capital Market Committee, OPAP S.A. announces................Subscribers

OPAP Agrees With Agents On Increased Commission and Extension Of Kino Hours
ATHENS, Greece (September 13, 2006) – Lottery and gaming monopoly OPAP announced yesterday it will extend playing hours for its Kino lottery game later this month, in a bid to............Subscribers

Lottery CEO Dismisses Press Reports
ATHENS, Greece (September 5, 2006) -- OPAP on Tuesday dismissed press reports that it is interested in acquiring............Subscribers

OPAP Confirms Establishment of Risk Management Division To Run Stihima
ATHENS, Greece (August 28, 2006) - OPAP, confirmed that it is in the process of setting up a risk management division to run its fixed odds betting scheme Stihima after its contract with INTRALOT expires..................Subscribers

OPAP S.A. Announce Interim Results For The Six-Month Period Ended June 30, 2006
ATHENS, Greece (August 24, 2006) -- OPAP S.A. today announces its interim financial results for the six-month period ended June 30, 2006.....................Subscribers

Vendors Seek Injunction Against State Lottery Company Over IT Tender
ATHENS, Greece (August 22, 2006) – Two lottery vendors have reportedly applied for an injunction against Greek State lottery operator  OPAP, seeking to overturn its committee's decision............................Subscribers

OPAP to Overrule Objections from Participants in IT tender
ATHENS, Greece (July 26, 2006) - Greek lottery operator OPAP is on Friday likely to announce it has overruled objections made by three bidders against each other in its IT infrastructure tender...............................Subscribers

Lottery Agents to Strike on World Cup Final Day
ATHENS, Greece (July 6, 2006) – Agents of Lottery and gaming group OPAP are reported by the local media as saying they will strike on July 9, the day of the soccer World Cup final...................................Subscribers

OPAP World Cup Betting Revenues Already at €230 Million Euro
ATHENS, Greece (June 26, 2006) -- State lottery operator OPAP's revenues from the FIFA World Cup had reached €230 million Euro on Friday from the 46 matches played out of a total 64. Total revenues are expected to come in between...............................Subscribers

Resolutions of the 6th Annual Ordinary General Meeting of OPAP S.A.
GREECE (June 1, 2006) – The Greek Organization of Football Prognostics S.A. (OPAP S.A.) announces, according to the ATHEX regulation, that the 6th Annual Ordinary General Meeting of the Company’s Shareholders was held on the Company’s offices.........................Subscribers

Lottery Still Working on ‘Risk Management’ Advisory Tender
ATHENS, Greece (June 9, 2006) -- Greek lottery operator OPAP is reportedly still finalizing the terms of its tender for engaging a risk management consultant for Stihima.........................Subscribers

Government Backs OPAP Plans to Run Stihima In-House
ATHENS, Greece (June 7, 2006) -- The Greek Minister of Finance, Giorgos Alogoskoufis, and the Deputy Minister for Sport, Giorgos Orfanos, said after a meeting with lottery operator OPAPs management that they supported..........................Subscribers

Gaming Operator to Run its Flagship Game from February Next Year
ATHENS, Greece (June 6, 2006) -- Greek lottery and gaming operator OPAP will undertake the running of its Stihima game from February 2007.......................Subscribers

Lottery Operator Considers Expansion Abroad
ATHENS, Greece (June 5, 2006) -- OPAP’s CEO repeated that the company’s 5-year strategy could include its expansion both in Greece and abroad as OPAP could be interested in acquiring casinos and/or lotteries........................Subscribers

Teams to Face Scrutiny in Order to Participate in Stihima
ATHENS, Greece (June 1, 2006) - During the AGM of OPAP the minister of Sports said that the Committee for Professional Sports is currently investigating all Greek football teams to confirm..............................Subscribers

Lottery Runs Promotional Activity in Co-operation with Mobile Operator
ATHENS, Greece (May 10, 2006) - OPAP is reported to have announced that it will run a promotional activity in co-operation with mobile operator Cosmote from ..........................Subscribers

Lottery Operator May Award ‘Risk Management Contract’ Without Tender
ATHENS, Greece (May 8, 2006) - The Greek lottery company OPAP is reported to be considering awarding the contract for the risk management........................Subscribers

Lottery Company Approves Terms of Tender for Consultant
ATHENS, Greece (May 5, 2006) -- Greek lottery operator OPAP’s board of directors have reportedly approved the basic terms of an international tender for a consultant to manage its flagship betting game Stoichima from February 2007........................Subscribers

Glory Technology Signs Lottery Deal in Uzbekistan
ATHENS, Greece (April 25, 2006) - Cyprus's Glory Technology, 20-percent owned by Greek lottery company OPAP, has signed a deal to provide IT equipment to Uzbekistan's state lottery company...............................Subscribers

Betting Tax Reform Bill Could be Split
CYPRUS (April 7, 2006) – A gambling (tax) reform bill will reportedly not pass in its present form following strong opposition from a number of interested parties, including the Greek lottery and gaming organisation OPAP...........................Subscribers

OPAP May Not Wait Until Next Season to Include Local Soccer Matches in Flagship Betting Game
ATHENS, Greece (April 7, 2006) – Conflicting reports are circulating concerning the timing of Greek lottery operator OPAP’s introduction of Greek football league betting to.............................Subscribers

Lottery Company Considers Expansion Strategies
ATHENS, Greece (March 20, 2006) -- OPAP plans a number of strategic moves in Greece and abroad.............................Subscribers

Lottery Company Dismisses Objections, Continues Upgrade Program
ATHENS, Greece (March 17, 2006) – Lottery and betting company OPAP said it will continue with a key IT upgrade tender as planned after rejecting objections from.................................Subscribers

OPAP Shows the Way for Sports Betting
ATHENS, Greece (March 10, 2006) -- Greece is a European leader in gambling stakes, at least according to statistics for 2004 which show the country's most popular betting game boasting higher revenues than the equivalent game in Britain..........................Subscribers

Credit Suisse Maintains Lottery Company at 'Outperform'
ATHENS, Greece (March 2006) -- Credit Suisse analysts expect the OPAP stock to go better on the back of the 2005 financial results, maintaining an 'outperform' rating and the target price at ...........................Subscribers

Lottery Company’s FY 2005 Group Sales Rise 16.3% to €3.695 Billion
ATHENS (March 8, 2006) - Greek lottery operator OPAP said its full year 2005 group sales rose, beating analysts' consensus expectations..........................Subscribers

OPAP Revamps Vintage PROPO, Possible Challenge to Stoichima
ATHENS, Greece (March 3, 2006) -- Greece’s oldest betting game, soccer pools PROPO is celebrating its 47th birthday with a relaunch aimed at attracting more players..............................Subscribers

OPAP Earnings Review
ATHENS, Greece 9March 3, 2006) -- Sources have reportedly released an analysts’ poll on the Greek Organisation of Football Prognostics’ (OPAP) 2005 results that see sales at............................Subscribers

Greek Lottery Operator Proceeds with International Tender for New Terminals
ATHENS, Greece (February 27, 2006) – The Greek Organisation of Football Prognostics (OPAP) will reportedly proceed with its international tender to obtain additional terminals.........................Subscribers

Lottery Strongly Denies Allegations Concerning the Integrity of its Operations
ATHENS, Greece (February 23, 2006) – Lottery operator, the Greek Organisation of Football Prognostics (OPAP), has reportedly strongly denied allegations .........................Subscribers

OPAP Rumour Prompts Power Surge
DUBLIN, Ireland (February 21, 2006) – Shares in Irish bookmaking firm Paddy Power rose sharply on the Dublin stock market yesterday amid speculation that .....................Subscribers

OPAP Receives Green Light for Bets on Greek Soccer Games
ATHENS, Greece (February 18, 2006) – The Greek Organisation of Football Prognostics (OPAP), Europe’s biggest lottery and gaming company, said yesterday the Greek Government had finalized its decision to .........................Subscribers

Lottery Operator Denies it Will Issue New Outlet Licenses
ATHENS, Greece (February 10, 2006) -- Greek lottery operator OPAP has reportedly denied press reports that it will be issuing 500 new outlet licenses for betting agencies in Greece..............................Subscribers

Greek Lottery to Broaden its Spectrum
ATHENS, Greece (February 2006) - Europe's largest lottery and gaming company OPAP will include non-sports events in its flagship betting game Stihima starting on .............................Subscribers

Lottery Operator to Open 500 New Agencies
ATHENS, Greece (February 8, 2006) – OPAP reportedly plans to open 500 new outlets, and has received 500 of the 2,000 new terminals it ordered from betting technology company INTRALOT.......................Subscribers

Deutsche Bank Retains ‘Hold’ for Lottery Firm
ATHENS, Greece (January 31, 2006) - Deutsche Bank has reportedly maintained its target price of €27.3 for OPAP and "Hold" recommendation, following the news of.................................Subscribers

Court Upholds Lottery Appeal Verdict; CSFB Now Views Stock as Buying Opportunity
ATHENS, Greece (January 27, 2006) -- OPAP reportedly announced this morning that there is no quick solution to the issue of their inefficient balance..............................Subscribers

Lottery Operator Says Capital Return to Shareholders No Longer Feasible
ATHENS, Greece (January 27, 2006) - Greek lottery operator OPAP said it has decided a return of capital to shareholders that it was considering is no longer feasible following advice from specialists.............................Subscribers

Lottery Receives Three Bids for International Tender for Additional Terminals, Software
ATHENS, Greece (January 16, 2006) - Greek lottery operator OPAP has reportedly received three bids for its international tender to obtain additional terminals, and new hardware and software..........................Subscribers

Greek Football Teams to be Included in Fixed Odds Betting Games
ATHENS, Greece (January 10, 2006) -- The economy ministry and the sports undersecretary's office on Tuesday jointly announced that Greek first division football teams will gradually be included in the state-run football pools organisation's........................Subscribers

Lottery Operator Seeks Partner For Fixed Odds Betting Game, Extends Terminal Contract Deadline
ATHENS, Greece (January 4, 2006) - Greek lottery operator, Organisation of Football Prognostics (OPAP), reportedly plans to issue a new international tender for an ..........................Subscribers

Lottery News 2005

OPAP Extends Tender Deadline for Terminals, etc.
ATHENS, Greece (December 20, 2005) - Greek news source reported today that Greek Organisation of Football Prognostics (OPAP) has extended the deadline for its international tender, to obtain additional terminals, new hardware and software.......................Subscribers

Lottery Company’s Net Profit Rises on Recovery of Its Flagship Betting Game
ATHENS, Greece (November 21, 2005) - Europe's biggest lottery company, OPAP, on Monday reported a profit rise at the high end of expectations, thanks to a recovery of its flagship betting game..................................Subscribers

Lottery Company Eyes Returning Cash to Shareholders; MSCI Index changes, Government Considers Further Privatisations
ATHENS, Greece (November 18, 2005) -- Changes in MSCI Standard, MSCI Small Cap as well as Euro and Pan-Euro indices became effective today.......................Subscribers

OPAP Enforces New Stihima Regulations
ATHENS, Greece (November 18, 2005) - The new Stihima regulations (to include live & over/under betting, betting on more athletic events, betting on non-athletic events) were ........................Subscribers

OPAP Supports Inclusion of Football in Stihima
ATHENS, Greece (November 15, 2005) - The Greek government has reportedly given the green light for the introduction of new ...........................Subscribers

Probe Uncovers Lottery’s Weakness
ATHENS, Greece (November 1, 2005) -- An investigation into the alleged use of winning lottery tickets to launder huge amounts of money has found that a lack of organization and security at soccer betting ....................................Subscribers

OPAP Offers Buying Opportunity; New, All-Powerful Independent Body to Track Down Money Launderers
ATHENS, Greece (October 31, 2005) -- CSFB trims the Greek Organisation of Football Prognostics’ (OPAP) fair value to EUR29.87 from EUR30.......................Subscribers

OPAP Awaits Governmental Changes to Stihima
ATHENS, Greece (October 27, 2005) - Changes in Stihima are still pending with regards to OPAP's request to the government to separate the approval of the introduction of the Greek football games from all ............................Subscribers

Lottery Operator Unruffled by (Distant) Prospect of End to Its Monopoly
ATHENS, Greece (October 27, 2005) -- Soccer betting and lottery firm OPAP said on yesterday that it was not worried by a possible ..................................Subscribers

Eurocorp Downgrades OPAP to Hold, Company Announces International Tender for New Lottery Systems
ATHENS, Greece (October 5, 2005) -- Eurocorp has reportedly lowered OPAP to hold despite in line 2Q results. Eurocorp cited the ongoing delay to the introduction of betting on Greek soccer.............................Subscribers

Lottery Invites Tenders for New Terminals
ATHENS, Greece (October 4, 2005) – The Greek Organisation of Football Prognostics (OPAP), Europe's second biggest gaming company, said it had launched a new invitation to tender for ..............................Subscribers

OPAP S.A. Releases Interim Results For The Six-Month Period Ended June 30, 2005
ATHENS, Greece (September 29, 2005) – OPAP S.A., the leading gaming company in Greece, today announces its interim financial results for the six-month period ............................Subscribers

Greek Lottery Hopes to Launch Bingo Lotto Next Autumn
ATHENS, Greece (September 29, 2005) -- Europe's second biggest gaming company, OPAP, said it could launch its new betting game Bingo Lotto in ..................................Subscribers

Lottery Will Include Local Football Games Within the Next Two Weeks
ATHENS, Greece (September 16, 2005) - The new guidelines in Stihima will reportedly be approved within the next two weeks and afterwards, OPAP will be able to start gradually including...............................Subscribers

Lottery to Submit Plan to Government for Betting on Soccer Matches Next Week
ATHENS, Greece (July 29, 20050 -- Lottery company OPAP will seek government approval next week for the inclusion of Greek soccer matches in its flagship betting game Stoichima...........................Subscribers

Five Contenders Likely to Bid for Greek Lottery’s IT Infrastructure
ATHENS, Greece (July 28, 2005) – Five companies will possibly be interested in participating in OPAP’s IT tender according to sources citing OPAP’s CEO. The companies named are....................Subscribers

Lottery Firm's Stock Up Post-Offering
ATHENS, Greece (July 18, 2005) -- Shares in the Greek lottery company OPAP rose strongly Monday following the successful sale of a state-owned stake in the firm...............................Subscribers

Lottery Wins Injunction Against Newspapers that Advertise (illegal) Internet Gambling Companies
ATHENS, Greece (July 8, 2005) - OPAP S. A. has announced that it has won a temporary injunction against three local newspapers that advertise (illegal) Internet gambling companies..................................Subscribers

OPAP May Sign Six Agreements Worth 14 Million Euro with INTRALOT
LONDON, United Kingdom (july 8, 2005) - Greek lottery operator, OPAP, is considering signing six new agreements with .............................Subscribers

OPAP Announces Terms of Tender for New IT Infrastructure
ATHENS, Greece (July 8, 2005) - OPAP has announced the terms of the tender to obtain additional terminals and new hardware and software................................Subscribers

Lottery to Announce Terms of Tender for New IT Infrastructure by Friday
ATHENS, Greece (July 7, 2005) - OPAP is expected to announce by Friday the terms of the tender to obtain additional terminals and new hardware and software, according to sources close to the matter.............................Subscribers

Instant Lottery Returns to Greece
ATHENS, Greece (July 6, 2005) -- The Finance Ministry has confirmed plans to bring back Xysto, a wildly popular instant lottery suspended in 2003 when a tender to renew its contract award stalled................................Subscribers

Government Sweetens Lottery’s Public Offering with Scratch Cards
ATHENS, Greece (July 4, 2005) - Greece will soon reintroduce the Xysto instant lottery game.........................Subscribers

Lottery Company’s "Buy" Target Price Raised
ATHENS, Greece (June 28, 2005) - "New positive game dynamics justify keeping our Buy rating" says Deutsche Bank in its last report, commenting on the Greek Organisation of Football Prognostics’ (OPAP) plans........................Subscribers

OPAP S.A. Announcement
ATHENS, Greece (June 27, 2005) -- OPAP S.A. announces the following: Upon the completion of all necessary studies (which have already commenced) by the end of 2005, OPAP S.A., in its capacity as sole manager of Pame Stihima, will, upon the expiration of its agreement with the consortium.............................Subscribers

Conflict of Interest Could Delay the Introduction of Greek Football Games in Stihima
ATHENS, Greece (June 2, 2005) -- A day after the Deputy Minister of Sports proposed, and OPAP’s management said it was considering, the introduction of .........................Subscribers

OPAP – AGM Reviews Introduction of Soccer Games in Stihima, New Bingo-Lotto Game, Restructure of PROPO and LOTTO and Technological Upgrade
ATHENS, Greece (June 1, 2005) – OPAP held its Annual General Meeting (AGM) during which CEO, Mr Neiadas said that they are currently reviewing the gradual introduction of ..................Subscribers

OPAP Bucks Trend, to Include Betting on Greek Football Matches, Placement to Take Place By July 17
ATHENS, Greece (May 31, 2005) - Greek equities ended lower on widespread weakness with lottery group OPAP outperforming after news that it will broaden its product range.............................Subscribers

OPAP Keeps Raising the Stakes
NEW YORK, USA (May 16, 2005) -- OPAP,Greece's largest listed gaming company and the third largest company listed on the Athens Exchange with a market capitalization of ..........................Subscribers

OPAP Shines - Greek Soccer Key to Shihima Game
ATHENS, Greece (May 10, 2005) - Greek stocks ended up 0.78% with the Greek Organisation of Football Prognostics (OPAP) lottery group soaring more than ..............................Subscribers

OPAP Expects Kino to Make Up for Stoihima Shortfall
ATHENS, Greece (May 6, 2005) -- Greek gaming and lottery company OPAP, expects a 26 percent rise in first-quarter sales, boosted by its Kino numerical betting game............................Subscribers

Greek Lottery’s New CEO Aims at New Products
NEW YORK, USA (April 27, 2005) -- The new CEO of the Greek Organisation of Football Prognostics (OPAP), Mr. Basile Neiadas, made a presentation at the Economist Conference that took place in Athens on April 20th, 2005.......................Read the full story at: Vol.31 No.5

Vassilis Neiadas Named CEO of OPAP
ATHENS, Greece (April 4, 2005) -- OPAP, Greece's largest gaming company, has announced the nomination of Vassilis Neiadas as CEO.
Mr. Neiadas had worked in the pharmaceuticals and cosmetics industry for 20 years before he was appointed the General Director of support services for the 2004 Olympic Games in Athens.
At the same time, OPAP also announced that former CEO Sotiris Kostakos has been nominated President of OPAP S.A., replacing former Chairman Anestis Filippidis.
SOURCE: OPAP S.A. via WLA.

OPAP Chairman Resigns Days After Hinting at Fixed Games
ATHENS, Greece (March 12, 2005) -- The chairman of Greek gaming group OPAP, Europe’s biggest betting company, resigned yesterday, days after he said he believed some league soccer matches in Greece were rigged............................Subscribers

Government Wants OPAP to Acquire License for Xysto
ATHENS, Greece (March 23, 2005) - The Greek Government wants OPAP to acquire the license of Xysto by paying about €300 million. The reasoning behind this move is that the State needs liquidity and that OPAP......................Subscribers

P&K Upwards Estimates and Target Price on OPAP
ATHENS, Greece (March 10, 2005) -- P&K has upwards adjusted the estimates and target price at €24 on OPAP's stock. P&K maintains a positive view due to high dividend yield and upbeat gaming appetite in Greece.........................Subscribers

OPAP Chief Claims Soccer Games Could be Compromised
ATHENS, Greece (March 8, 2005) -- The head of Greece's state-run gambling organization believes some domestic soccer matches might be rigged.......................Subscribers

No Definite Decision for Future OPAP Placement
ATHENS, Greece (March 2005, 2005) - Speaking in the Greek Parliament, the Deputy Finance Minister said that the government has not reached a definite decision regarding a potential further privatisation of OPAP.......................Subscribers

Greek Lottery Reports 85% Increase in 2004 Pre-Tax Profits
ATHENS, Greece (February 19, 2005) -- The Greek Organisation of Football Prognostics (OPAP) reported a 39.5% increase in its 2004 consolidated turnover to 3.177 billion Euro from 2.277 billion Euro in 2003............................Subscribers

Preventive Measures Against EUROBET & Its Advertising Company in Greece by OPAP S.A
ATHENS, Greece (February 11, 2005) -- Last week EUROBET advertised its betting products through outdoor panels of MASTER MEDIA S.A, the company that is responsible for the communication and outdoor advertising of EUROBET.....................Subscribers

Greek Lottery Board Will Discuss Tender for New Terminals
ATHENS, Greece (February 10, 2005) – According to a local news source the Greek Organisation of Football Prognostics (OPAP) will discuss, among other issues, the organization’s plan for a tender for new terminals at its Board meeting........................Subscribers

Greek Lottery May Combine IT Tender with Stihima
ATHENS, Greece (January 17, 2005) -- A local financial news service reported today that the Greek Organisation of Football Prognostics (OPAP) may consider launching only one tender for both IT software and hardware.......................Subscribers

Greek State Lottery on a High
ATHENS, Greece (January 4, 2005) – According to local news sources over the past year Greeks have gambled more than €5 billion Euro and this figure excludes the amount invested in OPAP games for the final quarter.......................Subscribers

Up


 
This site is optimized for Explorer 4.0 & above and a monitor resolution of 1280 x 1024.
Please adjust your screen accordingly.
Interplay Multimedia Pty. Ltd.disclaims all liability for information provided within Lottery Insider.
Data supplied by named sources.
Associated Press content is Copyrighted by The Associated Press.
All other news articles are owned by their respective publishers.