OPAP Says Not
Eyeing Stake in Spanish Gaming Firm ATHENS, Greece (October
1, 2008) - Greece's lottery and betting monopoly OPAP has dismissed reports it
is eyeing stakes in Spanish gaming peer Codere and compatriot gaming systems
provider INTRALOT..............Subscribers
OPAP Response to Hellenic Capital
Markets Commission Letter ATHENS, Greece (September 30,
2008) -- In response to the letter of the Capital Markets Commission, OPAP S.A.
announces the following...............Subscribers
OPAP and Super League in a
3-Year Sponsoring Deal of EUR73m ATHENS, Greece (September
25, 2008) -- Lottery and gaming operator OPAP and Greek Super league signed a
3-year sponsoring agreement of EUR 73m, which set strict limitations on the
promotion of online gambling companies at the football
stadiums..................Subscribers OPAP, to Partner Turkish
Business Groups To Bid For Milli Piyango Lottery
-CEO ATHENS, Greece (August 31, 2008) - Europes
biggest betting firm OPAP plans to bid for
Turkeys national lottery Milli
Piyango in a joint venture with Turkish business groups, its chief
executive said in a newspaper interview published on
Sunday.................Subscribers
OPAP to Bid in Turkish
Lottery Tender, more Confident on Monopoly Franchise ATHENS.
Greece (August 28, 2008) - Greek lottery operator OPAP SA said that it will be
joining a consortium to bid for the Turkish
Milli Biyango sports betting lottery
tender because it needs to internationalise and cannot sustain its national
champion position past 2020 when its local monopoly franchise
expires.................Subscribers
OPAP S.A. Announce Interim
Consolidated Financial Results For the Six Months ended June 30th,
2008 ATHENS, Greece (August 26, 2008) -- OPAP S.A.
(OPAr.AT), the leading gaming operator in Greece, announces its consolidated
financial results for the six month period ended June 30th, 2008, prepared in
accordance with International Financial Reporting Standards
(IFRS).................Subscribers
OPAP Signs Three-Year,
65m Agreement with Super League - Sources ATHENS,
Greece (July 25, 2008) - OPAP SA has signed a 3-year sponsorship agreement
worth a total of 65 million euros, with the organizers of
Greece's..................Subscribers
OPAP Eyes Turkish Sport
Betting Game and National Lottery -Sources GREECE / TURKEY
(July 16, 2008) -- Greek gaming company OPAP President & CEO Christos
Hadjiemmanouil visits Turkey to discuss the upcoming tender for sports betting
game "Iddaa"................Subscribers
OPAP to Introduce New
Game ATHENS, Greece (July 7, 2008) -- OPAP plans to
introduce Stihimas variation FlexBet. The game combines on a single
coupon different game categories..................Subscribers
OPAP - Euro 2008 Sales Seen
At 200 Million - Sources ATHENS, Greece (June 30,
2008) -- Greek betting monopoly OPAP's revenue from Euro 2008 soccer
championship betting will reach about 200 million euros (US$316 million),
meeting market expectations...................Subscribers
Announcement -- Transfer to
OPAP S.A the Ownership of Technological
Infrastructure ATHENS, Greece (June 30, 2008) -- OPAP S.A.
announces to the shareholders that, pursuant to article 13.1 of the Agreement
dated 31.07.2007 between OPAP SA and the consortium
INTRALOT SA INTRALOT INTERNATIONAL
LTD and Betting Company SA, the latter
exercised in writing its put option right whereby it is entitled
to..................Subscribers
Shareholders Approve
OPAP Charter Amendments Ahead of Deregulation ATHENS, Greece
(June 25, 2008) - Greek betting monopoly OPAP got shareholder approval on
Wednesday to amend part of its corporate charter as it prepares for a possible
opening of the country's gaming market.................Subscribers
EU to Examine OPAP-INTRALOT
Procurement Deal ATHENS, Greece (June 23, 2008) -- The
European Commission (EC) is examining the OPAP-INTRALOT agreement signed in July 2007,
investigating a potential conflict of interest with EU law for public
procurements.................Subscribers
Brokers Positive on OPAP's
New Structure An Undisputed Market Leader says Beta;
Overweight Broker Sees Stihima Sales at 300
Million ATHENS, Greece (June 19, 2008) -- Eurobank Securities
commenting on OPAP's announcement of its new organisational structure, believes
the new structure supports OPAPs already positive outlook. Eurobank
analysts think...............Subscribers
OPAP Unveils New
Organizational Structure ATHENS, Greece (June 18, 2008)
OPAP SA on Wednesday unveiled its new organisational structure, a move
completing a restructuring of OPAP Group, which began in November
2007................Subscribers
Lottery Company to Expand
Product Range and Alleviate Dependence on State Granted
Monopoly ATHENS, Greece (June 11, 2008) - Greek lottery
operator OPAP SA said it will try to expand its product offering and will try
to alleviate its dependence on the Greek state to which it is the exclusive
contractor for the domestic gaming monopoly.................Subscribers
Lottery Employees Give
Green Light to Restructuring Plan -
Sources ATHENS, Greece (June 5, 2008) OPAP
employees have reportedly given the green light to the
business restructuring plan, suggested by independent consultant AT
Kearney...................Subscribers
OPAP Q1 Pleases Brokers;
EPS Under Review ATHENS, Greece (May 27, 2008) -- OPAP first
quarter came in better than expected and pleased analysts...............Subscribers
OPAP Offers Details on
Agents Contract, Self-Service Terminals and New
Games ATHENS, Greece (May 27, 2008) - Lottery operator OPAP
SA revealed details of its agreement with agents and offered an update on the
status of its self-service terminals roll-out as well as the likelihood of the
addition of any new games, all in an analysts' conference call held as it
revealed first quarter results on..............Subscribers
OPAP S.A. Interim
Consolidated Financial Results For the Three Months ended March 31st,
2008 ATHENS, Greece (May 26, 2008) OPAP announces its
consolidated financial results for the three month period ended March 31st,
2008, prepared in accordance with International Financial Reporting Standards
(IFRS).............Subscribers
Credit Suisse Sees OPAP Q1
Net Profit Up 21.2% to 173.8 M ATHENS, Greece (May 22,
2008) -- Credit Suisse expects OPAP Q1 net income to rise by 21.2% Y-o-Y to
173.8 million, EBITDA of 241.1 million, up 26.7% Y-o-Y and sales of
1.333 million, up 15.8 Y-o-Y on the back of.............Subscribers
OPAP to Prioritize M&A,
Expansion Over Shareholder Payout After Revamp ATHENS,
Greece (May 19, 2008) - OPAP SA will look to invest its cash pile on
acquisitions and other expansion projects, possibly in South Eastern Europe,
once it completes its................Subscribers
OPAP is a Strong Buy for
Citi, Sees Greece Protecting Companys Monopoly
Status ATHENS, Greece (May 19, 2008) -- Citi looks for
OPAPs first quarter net profits of EUR 194 million, up 36% with sales
growing 15%. The broker sees organic growth of................Subscribers
Greece is Not Considering
Opening Up Gaming Market-Sources ATHENS, Greece (May 19,
2008) -- The Greek Government does not consider opening up the countrys
gaming market to competition............Subscribers
Minister to Meet with EU
Commissioner on OPAP Monopoly ATHENS, Greece (May 8, 2008)
-- According to sources, OPAP's monopoly status is once again on the
spotlight................Subscribers
OPAP Agents Disagreement
Drags On ATHENS, Greece (May 2, 2008) -- According to Greek
news sources OPAPs agents disagree with the agreement OPAPs
management announced last Tuesday and they do not intend to sign
it............Subscribers
Final Agreement Reached
Between OPAP and Agents Federation ATHENS, Greece (April 29,
2008) -- A new age for OPAP and its more than 5000 Agents begins with a new
contractual agreement that defines the relationship between the two parties.
Under this agreement both parties' mutual long term interests are protected
under any circumstances................Subscribers
OPAP Seeks Expansion Abroad
Ahead of Deregulation, Says CEO ATHENS, Greece (April 17,
2008) -- OPAP's CEO said in an interview that
the company will seek expansion abroad to support profit growth ahead of a
possible deregulation that would end its monopoly in Greece...............Subscribers Annual Analyst Briefing On FY07 Results
ATHENS, Greece (March 27, 2008) -- As part of the obligations of the
Company, according to par. 4 of Article 292 of the ATHEX regulation, OPAP S.A.
announces that a conference call took place on 27/03/2008 whereby the
Management informed the analysts and institutional investors on the Group
financial results for the fiscal year 2007...............Subscribers OPAP- Agents Close To Agreement (sources)
ATHENS, Greece (April 3, 2008) Local media source quoted sources
close to the company as saying OPAP and its agents are close to an
agreement.............Subscribers OPAP "Overweight," Target Price Reduced
LONDON, UK (March 31, 2008) - Analyst George Vitorakis of National P&K
Securities reiterates his "overweight" rating on OPAP (OPAr.AT). The
target price has been reduced from..............Subscribers Gaming Giants Prepare to do Battle for Turkish
Lottery ATHENS, Greece (April 1, 2008) Greek news
source quoting what it said was reliable sources from Turkey reported, many
local and foreign companies are interested in state-owned lottery company Milli
Piyango, among them the Greek gaming operators.................Subscribers Future Changes in OPAP Status Not Ruled Out, Says
CEO ATHENS, Greece (March 28, 2008) -- OPAP CEO Mr.
Chatziemmanouil, said during a conference call that he does not rule out future
changes in the company's monopoly status, due to the pressure exercised by the
European Commission to bend OPAP's status in Greece..................Subscribers
Merrill Lynch Remains Neutral on
OPAP ATHENS, Greece (March 27, 2008) -- Merrill Lynch
analysts remain Neutral on OPAP. Goldman Sachs analysts think the shares are
fairly valued, trading on a 2008e PER of 10.5x and EV/EBITDA of 7.2x, broadly
in-line with its European gaming peer group...............Subscribers Goldman Sachs Reiterates BUY on OPAP
ATHENS, Greece (March 27, 2008) -- Goldman Sachs analysts Karen Hooi and
Patrick Hargreaves believe OPAP set of results confirms the view of OPAPs
resilent revenue stream............Subscribers OPAP Consolidated Financial Results For The Three and Twelve
Months Ended December 31, 2007 ATHENS, Greece (March 26,
2008) OPAP (OPAr.AT), the leading gaming operator in Greece, announces
its consolidated financial results for the three- and twelve-month periods
ended December 31, 2007, prepared in accordance with International Financial
Reporting Standards..............Subscribers OPAP 2007 Net Rises 19% Beats Forecast
ATHENS, Greece (March 26, 2008) - OPAP said on Wednesday 2007 net profit
rose 19 percent, beating analysts' forecasts, boosted by higher revenue from
its Kino lottery..................Subscribers
OPAP May Buy Companies Outside Greece Amid
Threat to Monopoly ATHENS, Greece (March 25, 2008) -- OPAP
SA, the only publicly traded gaming company in Greece, may make acquisitions
outside the country as European Union regulators seek to end the company's
domestic monopoly on sports betting and lotteries..............Subscribers OPAP Q4:07 Profit Seen at EUR577.9m Up 13.4%
Y-o-Y ATHENS, Greece (March 20, 2008) -- Marfin analysts
expect Q4:07 to be a strong quarter for OPAP lifted by increased revenues for
Stihima and Kino helped also by the new and additional main terminals that were
installed during this period.................Subscribers OPAP - 2007 Annual Results Announcement
ATHENS, Greece (March 18, 2008) -- OPAP S.A. will announce its 2007 annual
results accordingly................Subscribers
Citigroup Maintains BUY on OPAP,
Lowers PT to 29.5 ATHENS, Greece (March 13, 2008) --
Citigroup analyst Lambros Papadopoulos Maintains the Buy rating on Greek Gaming
company OPAP, but lowers the price target to 29.5 to factor in
deregulation risks.................Subscribers OPAP to Protect Monopoly Status, Reiterates CEO
ATHENS, Greece (March 12, 2008) -- OPAPs President & CEO
Hadjiemmanuil stated in an interview that the organisation will decide later
this year whether to expand in Greece..............Subscribers OPAP Announce Plan of Intended Corporate Actions for
2008 ATHENS, Greece (March 4, 2008) -- OPAP S.A. according
to its obligations, as stated in article 292 of the Regulatory Decisions of the
Athens Stock Exchange S.A. announces its corporate actions plan for
2008................Read the full story at:
Vol.42 No.11 OPAP Says it Will
Defend Monopoly Position ATHENS, Greece (February 28, 2008)
- Greek gaming group OPAP will defend its monopoly position in the Greek
betting market after an EU Commission final warning against Greece over
restrictions to competition.............Subscribers Goldman Sachs Sets BUY on OPAP, Price Target to 32.6
Euro ATHENS, Greece (February 26, 2008) -- Goldman Sachs
sets 12-month, DCF-based price target is 32.6. This is based on an
assumption of a 30% decline in revenue in 2021 (which implies that OPAP loses
60% of its sports betting revenues) following the end of the current monopoly
rights.............Subscribers
Morgan Stanley Cuts OPAP Price Target to EUR
25 ATHENS, Greece (February 26, 2008) -- Morgan Stanley
analysts Vaughan Lewis, Jamie Rollo, David Khaw and Audrey Boriusare cut the
price target of OPAP from 30 to 25...............Subscribers OPAP CEO Defends Monopoly Status ATHENS,
Greece (February 25, 2008) -- Greek gaming operator OPAP aims to curb spending
for 2008, mainly by reducing the companys sponsorship program by around
10%, according to the CEO Mr. Chatziemmanouil............Subscribers OPAP Talks With Agents Proceed Positively
ATHENS, Greece (February 5, 2008) -- According to local media reports
sources [unnamed] claim the talks between OPAP and its agents continue in
positive climate..............Subscribers OPAP Close to New Agreement With Agents
(Sources) ATHENS, Greece (February 4, 2008) Greek
news services said that according to sources, OPAP and its agents will
formulate their preliminary new agreement within the week and expect to
finalise it within the next 2 months.....................Subscribers OPAP in Talks with Agents Over Increased Fees, Bonus
ATHENS, Greece (January 25, 2008) -- Reportedly, talks
between OPAP's management and its agents are due to start at the end of next
week.................Subscribers
OPAP Press Articles
Clarifications ATHENS, Greece (January 25, 2008) -- On
January 23rd 2008, commenting on the potential acquisition of the gaming
company William Hill by OPAP SA..............Subscribers OPAP Announcement of Substantial Holdings L. 3556/2007
Update ATHENS, Greece (January 23, 2008) -- Following
OPAP's announcement on 22.01.2008 and an amended disclosure by Capital World
Growth and Income Fund, Inc dated 22.01.2008, OPAP S.A. announces
that...................Subscribers OPAP Shortlists Three Bidders ATHENS,
Greece (January 24, 2008) -- Greek lottery and gaming monopoly OPAP on Thursday
short-listed three companies in its tender to pick a consultant to review
operations in a bid to boost efficiency..............Subscribers OPAP Announcement of Substantial Holdings L.
3556/2007 Capital World Growth increased its stake
in OPAP to 5.017% from 4.99% previously ATHENS, Greece (January
22, 2008) -- Pursuant to the provisions of L.3556/2007, OPAP S.A. announces
following relevant notification submitted, that the company "Capital World
Growth and Income Fund, Inc" holds 16,004,410 shares (direct: 0, indirect:
16,004,410), namely percentage 5.0171% over the total share capital of OPAP
S.A..............Subscribers Nine Companies Express Interest in Strategic Reorganization of
OPAP (Sources) ATHENS, Greece (January 23, 2008) --
According to sources, more than nine companies have expressed interest in the
procedures for the strategic reorganisation of OPAP.............Subscribers
Cost of IT
Support System Cannot be Determined, Says OPAP, INTRALOT
ATHENS, Greece (December 5, 2007) -- OPAP and INTRALOT in separate
statements clarified that the maintenance fee and the cost for the IT support
of the new systems is not easily determined as it has to do with timing and the
type of terminals...........Subscribers OPAP Announce Press Articles Clarification
ATHENS, Greece ((December 3, 2007) -- OPAP S.A. in response to the letter
of the Capital Markets Commission (ref. 5316/30.11.2007), following an article
in Eleftherotypia newspaper and the previous corporate announcements
......Subscribers
Announcement of Changes in OPAP Board of
Directors ATHENS, Greece (November 22, 2007) -- OPAP S.A.,
pursuant to article 10 of Law 3340/2005 and resolution 3/347/12.7.2005 of the
Capital Market Commission, announces to the shareholders that.........Subscribers OPAP Announce Updated Financial Calendar for FY
2007 ATHENS, Greece (November 22, 2007) -- OPAP S.A.,
following the Board of Directors resolution for the distribution of
Interim dividend for the fiscal year 2007 and pursuant to article 292
par.............Subscribers OPAP Announcement Regarding Interim Dividend payment for the
Fiscal Year 2007 ATHENS, Greece (November 22, 2007)
-- According to article 279 of the Athens Exchange Regulation, OPAP S.A.
announces to the shareholders that the companys Board of Directors during
its session on .................Subscribers Citigroup Maintains BUY on OPAP, Laudes New
CEO ATHENS, Greece (November 23, 2007) -- Citigroup
analysts maintain their Buy Rating on OPAP as its analysts believe they have
seen enough positive pointers to cheer ............Subscribers OPAP to Streamline Decision Making, Accountability to
Shareholders ATHENS, Greece (November 22, 2007) - Greek
lottery operator OPAP's new CEO, Christos Hatziemmanouil, said that he intends
to streamline decision making, avoid protracted legal disputes for tenders, and
focus on new accountability structure emphasizing responsibility to
shareholders..................Subscribers New Lottery CEO Talks About Expansion Plans, Monopoly
Status OPAP Wants Smooth Operations Before
Expansion -CEO ATHENS, Greece (November 22, 2007) - Europe's
biggest lottery and betting firm, OPAP, wants to ensure its operations run
smoothly after it clinched a crucial IT deal earlier this year and before it
seeks expansion abroad...................Subscribers OPAP S.A. Interim Financial Results for the Nine Month Period
Ended Sept. 30, 2007 ATHENS, Greece (November 21, 2007) --
OPAP S.A. (OPAr.AT), the leading gaming operator in Greece, announced today its
interim financial results for the nine-month period ended September 30,
2007..........Subscribers Goldman Sachs Sets OPAP PT to 33 Euros
ATHENS, Greece (November 19, 2007) -- According to Goldman Sachs research
note on OPAP, the 12-month DCF-based price target is 33 euros per
share..............Subscribers OPAP Announce Resolutions of the Extraordinary General Assembly
16/11/2007 ATHENS, Greece (November 16, 2007) -- The
Societe Anonyme Company, Greek Organization of Football Prognostics S.A. (OPAP
S.A.) announces, pursuant to article 278 of the ATHEX
regulation.................Subscribers OPAP's New CEO Doesn't See New Gaming Licenses Anytime
Soon ATHENS, Greece (November 17, 2007) -- The new chief
executive of Europe's biggest betting firm OPAP said he didn't see Greece
issuing new licenses anytime soon, securing its domestic legal betting monopoly
for the immediate future...............Subscribers State Examines Possibility of Offering Two Gaming Licenses For
Tender (Sources) ATHENS, Greece (November 14, 2007) --
According to sources close to the government, the Greek State is examining the
possibility of offering two (2) gaming licenses for tender.........Subscribers OPAP S.A. Announcement of Substantial Holdings
ATHENS, Greece November 9, 2007) -- OPAP S.A. announces, pursuant to the
provisions of article 27 par.3 of L.3556/2007..............Subscribers Announcement Date of OPAP Nine Month 2007 Financial
Results ATHENS, Greece (November 7, 2007) -- OPAP S.A. will
announce the Nine Month 2007 financial results on Wednesday 21 November, 2007,
accordingly..............Subscribers Announcement Regarding Write-Off of Unclaimed Dividend for the
Fiscal Year 2001 ATHENS, Greece (November 1, 2007) -- OPAP
SA hereby announces to its shareholders that the five year period for the
collection of the dividend for the financial year 2001....................Subscribers OPAP Should Continue Its Monopoly Status
ATHENS, Greece (October 29, 2007) Back in June the European Commission
(EC) issued a first formal notice to Greece for protecting domestic gambling
companies.............Subscribers OPAP Announce Date and Agenda for Extraordinary General
Assembly ATHENS, Greece (October 24, 2007) -- The Board of
Directors of the Societe Anonyme Greek Organization of Football
Prognostics invites its shareholders..........Read the full story at: Vol.41 No.6
OPAP Announces Replacement of a Member of
Board of Directors - Election of new Chairman and Chief Executive
Officer ATHENS, Greece (October 23, 2007) -- OPAP S.A.,
announces to the shareholders in two consecutive sessions unanimously decided
upon the following............Subscribers OPAP Reconfirms Three Years Agreement Signed With
INTRALOT ATHENS, Greece October 23, 2007) -- Following
today's written & electronic press articles and in response to the letter
of the Capital Markets Commission (ref. 4456/23.10.2007), OPAP S.A. reconfirms
the accuracy of the corporate announcement................Subscribers OPAP Appoints New Chairman and CEO ATHENS,
Greece (October 2007) According to Greek news source on Thursday
afternoon, the Minister of Finances G. Alogoskoufis met with OPAP President Mr.
S. Kostakos and the CEO Mr. Vasilis Niadas and asked for Mr. Christos
Hadjiemanouil appointment in the position of Chairman and
CEO....................Subscribers OPAP Management Reshuffling to Take Place Soon
ATHENS, Greece (October 5, 2007) Greek news sources said that
according to sources close to OPAP, next week a management reshuffling in OPAP
will be announced...................Subscribers OPAP Invites You to WLA2008 Convention, Rhodes, Greece, October
19-24, 2008 ATHENS, Greece (October 2, 2007) -- OPAP S.A,
the National Lottery Organization of Greece, is honored to invite you to the
island of Rhodes for the 2008 World Lottery
Association Convention...........Subscribers
OPAP, GTECH Hearing --
Ruling Expected Within Two Months ATHENS, Greece (September
12, 2007) -- The hearing concerning GTECHs injunction against OPAP took
place yesterday. A ruling is expected within 2 months...............Subscribers Eurobank Securities Upgrades OPAP to Outperform
ATHENS, Greece (August 28, 2007) -- According to Eurobank Securities, OPAP
stock has recently been under significant pressure, which Eurobank analysts
believe is an exaggeration....................Subscribers Lottery Operator Sees Payout Falling in Q3, INTRALOT to Provide
IT Systems, Terminals ATHENS, Greece (August 24, 2007) --
Greek lottery operator OPAP said that its payout ratio, which was high in the
second quarter, will fall in the next quarter and its new agreement with local
betting technology company INTRALOT is for the provision of IT systems and
terminals.............Subscribers OPAP Releases Interim Results for the Six-Month Period Ended
June 30, 2007; H1 Net Profit Up 25% to 285.3 million, Above
Expectations ATHENS (August 23, 2007) -- Greek lottery
operator OPAP said its first-half year group net profits rose
................Subscribers OPAP S.A. Announces Date of H1 2007 Financial Results and
Release of regulated information, law 3556/2007 ATHENS,
Greece (August 1, 2007) -- OPAP will announce the H1 2007 financial results, on
Thursday 23 August, 2007, accordingly..........Subscribers OPAP Could Face Legal Challenges From Lottery Vendors Over
System Upgrade Contract -- Sources ATHENS, Greece (August
1, 2008) - GTECH and
Scientific Games will reportedly be
launching a legal challenge in Greece and in European courts against the
contract that lottery operator OPAP has awarded to
INTRALOT.............Subscribers OPAP S.A. Announcement Concerning INTRALOT
Agreement ATHENS, Greece (August 1, 2007) -- OPAP is
announcing a three year agreement with INTRALOT starting 31st July
2007.............Subscribers OPAP, INTRALOT Finalizing IT Deal- Source
ATHENS, Greece (July 31, 2007) - Europe's biggest lottery and betting firm
OPAP is close to finalizing a new IT deal with Greek lottery systems provider
INTRALOT...........Subscribers OPAP Might Be Interested In Casino Mont Parnes (EFG
Eurobank) ATHENS, Greece (July 23, 2007) -- Lottery
operator OPAP rose 0.5 pct to 26.38 Euro on the ASE general index today
reportedly on press reports that said it is considering competing against
Regency Casino........Subscribers Senior Management Changes Tipped At Lottery
ATHENS, Greece (July 20, 2007) -- The Ministry of Finance (MoF) is
dissatisfied with the senior management of state lottery company OPAP S.A. and
is examining the possibility of changing the management during the
summer......Subscribers
Possible Renewal of OPAP's Agreement With
INTRALOT - Reports ATHENS, Greece (July 12, 2007) -
Greece's Minister of Sports met with lottery operator OPAP's management
yesterday to discuss the possible renewal of OPAP's current agreement with
betting technology INTRALOT....................Subscribers OPAP Cancels IT Tender Due to Resignation of Committee
Members ATHENS, Greece (July 10, 2007) -- The Board of
Directors of OPAP S.A., during its 9.7.07 Meeting, after taking into
consideration the Opinion of its Legal Department concerning the cancellation
or not of the results of the Public International Tender............Subscribers Lotterys IT Tender Reportedly on the Verge of Being
Cancelled ATHENS, Greece (July 9, 2007) A number of
news sources claim the Board of Directors of OPAP will continue their meeting
today to decide the cancellation of the IT tender.........Subscribers EC's Intensions on OPAP Not Surprising Says
Citigroup ATHENS, Greece (June 28, 2007) -- "If
confirmed this will not come as a complete surprise to the market considering
the recent actions that have been taken in other European markets as well"
, says Labros Papadopoulos of Citigroup regarding European Commissions
intensions to .....Subscribers Cooperation Between Lottery and Betting Company Could Deliver
Significant Synergies ATHENS, Greece (June 19, 2007) --
Reportedly, the CEO of ODIE (the state-run horse race bets organization) stated
that the organization is in exploratory talks with OPAP for possible
co-operation.............Subscribers Failure to Resolve IT Tender Will Not Affect
Operations ATHENS, Greece (June 14, 2007) -- Europe's
biggest betting firm OPAP said it would continue operating normally even if a
key tender to upgrade its IT unit, a key issue for the lottery's future,
failed............Subscribers OPAP Presenting at the Association of Greek Institutional
Investors ATHENS, Greece (June 13, 2007) -- On Wednesday,
13 June, OPAP made a presentation at the Association of Greek Institutional
Investors. The company was represented by .........Subscribers
Resolutions of OPAP 7th Annual Ordinary
General Meeting ATHENS, Greece (June 6, 2007) -- Greek
Organization of Football Prognostics S.A. (OPAP S.A.) announces, according to
the ATHEX regulation, that the 7th Annual Ordinary General Meeting of the
Company's Shareholders was held on ..........Subscribers Lottery Operator Considering Interesting Proposals for Overseas
Expansion ATHENS, Greece (June 5, 2007) - Greek lottery
operator OPAP's CEO, Basilis Neiadas, said at the companys AGM that it is
planning on cautious overseas expansion after the summer.............Subscribers
World Lottery Business and OPAPs Role
Within it -- A Presentation from the President of the W.L.A.
ATHENS, Greece (June 1, 2007) -- Greece's state-run lottery and betting
pools organisation, OPAP, has a leading role in the world market of lottery
games, Arthur L. Gleason Jr., president and CEO of the World Lottery
Association.........Subscribers OPAP to Conclude Negotiations with INTRALOT
Soon ATHENS, Greece (June 1, 2007) -- During
yesterdays conference call, OPAPs CEO stated that negotiations with
INTRALOT for the extension part of the
six month agreement (lease of 3.5k terminals and maintenance) are expected to
be concluded in few days............Subscribers OPAP Says Some Aspects of Contract With INTRALOT May be
Extended ATHENS, Greece (May 31, 2007) - Greek lottery
operator OPAPs CEO Basile Neiadas has been reported by the media as saying that
some aspects of their contract with betting technology company
INTRALOT for the provision of software
and terminals may be extended..........Subscribers OPAP S.A. Interim Financial Results For The Three Month Period
Ended March 31, 2007; Net Profit Rises 16.9% to 143.4 Million, Beats
Expectations ATHENS, Greece (May 30, 2007) - Greek lottery
operator OPAP said that 2007 first-quarter group net profit rose 16.9 pct to
143.4 million, on rising Kino game sales...........Subscribers Lottery Appoints New Internal Auditor
ATHENS, Greece (May 22, 2007) -- The OPAP Board of Directors on May 16,
apointed Mr. Paschalis Gkikoudis of Dimitrios (BSc Mathematics, University of
Napoli, Italy) as Internal Auditor replacing Ms Vasiliki Moulaki who has
retired.............Subscribers Lottery Operator Confident of Retaining
Exclusivity ATHENS, Greece (may 19, 2007) -- Lottery
operator OPAP reportedly said yesterday that EU law was in its favor over its
stand to prevent British bookmakers from setting up shop in
Greece.......................Subscribers OPAP S.A. Issues Invitation of The Shareholders of the Societe
Anonyme With the Title Greek Organization Of Football Prognostics
S.A. to the 7th Annual Ordinary General Assembly
ATHENS, Greece (may 14, 2007) -- The Board of Directors of the societe
anonyme, with the title Greek Organization Of Football Prognostics
S.A., with registered offices in Peristeri of Attika, 62 Kifissou street,
according to the Law and the Articles of Incorporation of the
company........Subscribers OPAP CEO Expects to See Report on IT Technical Bids This
Week ATHENS, Greece (May 14, 2007) - Europe's biggest
lottery and gaming monopoly OPAP expects its evaluation committee to decide
this week on the technical bids submitted by three firms for its IT
unit........Subscribers
OPAP IT Tender Results Due May
9 ATHENS, Greece (April 30, 2007) -- OPAP's IT evaluation
committee will announce the results of the technical evaluation of OPAPs
IT tender on May 9..........Subscribers Credit Suisse Upgrades OPAP, Raises Target Price, Monopoly
Status Not At Risk ATHENS, Greece (April 26, 2007) --
Credit Suisse First Boston analysts are upgrading the rating on Greek lottery
operator OPAP to Outperform and raising the TP from 29 to
33.........Subscribers
UBS Sees OPAP at 33.7
Euros ATHENS, Greece (April 20, 2007) -- According to news
sources, OPAP had a mixed feedback from
yesterday's lunch. Good news on Stihima's and Kino's momentum and OPAP's
success in bringing the Stihima game in-house............Subscribers OPAP to Name IT Tender Winner By Mid-July - CEO
ATHENS, Greece (April 26, 2007) OPAP will name a winner for a
technology upgrade tender by mid-July..........Subscribers Lottery Companys Presentation to
Investors ATHENS, Greece (April 23, 2007) -- OPAP S.A.
announces that, according to the article 286 of the regulation of the Athens
Stock Exchange, the company Roadshow to investors, which took place in London
and in Milan between 17 to 20 April 2007, followed ............Subscribers British Firm Says Its Time to End OPAP Gaming
Monopoly LONDON, UK (April 14, 2007) -- William Hill
yesterday launched a fresh challenge against gambling monopolies in Europe by
requesting a licence to open betting shops in Greece.........Subscribers Lottery Operator Issues Analysts' and Institutional Investors'
Annual Briefing on the Results for the Fiscal Year 2006
ATHENS, Greece (March 22, 2007) -- As part of the obligations of the
Company according to article 292 of the ATHEX regulation, OPAP S.A. announces
that a conference call.........Subscribers Lottery Operator Says Legal Challenge Will Not Delay IT
Tender ATHENS, Greece (March 22, 2007) - The CEO of Greek
lottery operator OPAP, Basile Neiadas, said at an analysts conference call that
betting technology company Intralot's
legal challenge against other bidders in OPAPs IT and terminals tender is a
normal ..............Subscribers Lottery Operator Expected to Make Decision on Key Aspect of IT,
Terminal Tender Today - Sources ATHENS, Greece (March 14,
2007) According to local news agencies, quoting unnamed sources which
they claim are close to the matter, Greek lottery operator OPAP is expected to
make a key decision today on a tender to supply it with IT and
terminals.........Subscribers Lottery Operator Facing New Delays for IT Tender, IT Tender
Evaluation Member May Resign ATHENS, Greece (March 13,
2007) - Greek lottery operator OPAP may face new delays to the drawn-out
process of its IT tender because another member of the tender committee is due
to resign.........Subscribers Lottery Operator Nears Completion of Agency's Network
Renovation ATHENS, Greece (March 5, 2007) -- OPAP has
reportedly announced that it will conclude the renovation of OPAP agency
network (that will participate in the renovation program) during 3Q07.
According to Greek news sources the average refurbishment cost is EUR 600-700
per sq.m., while the renovation of its PoS will be concluded in
15-days. OPAP has a network of 5.5k agents around the country.
OPAP S.A. Presentation at the Association of
Members Listed to the Athens Exchange ATHENS, Greece
(February 23, 2007) -- On February 22, the presentation of OPAP S.A. at the
Association of Members Listed to the Athens Exchange took
place............Read the full story at: Vol.38
No.10 Lottery Company To Announce
Technical Evaluation Winner Earlier Than Expected ATHENS,
Greece (February 6, 2007) A local news service reported today, quoting
unnamed sources close to the matter, that the preferred bidder of the technical
evaluation of OPAPs IT tender will be announced within
15-days.........Subscribers OPAP Chief Outlines Stihima Risk Management
Plan ATHENS, Greece (January 30, 2007) -- In an interview,
OPAP's CEO , Mr. Neiadas, said fourth quarter 06 Stihima sales was
slightly changed from a year earlier..........Subscribers Greeks Set To Bet 8.5 billion In Year
ATHENS, Greece (January 22, 2006) -- Greeks are reported to have gambled
around 8.5 billion in 2006 with growing amounts being spent in casinos,
on OPAP lotteries and on illegal online games........Subscribers Winner of IT Tender to be Named in June, Says OPAP
CEO ATHENS, Greece (January 11, 2007) OPAP CEO
Neiadas has reportedly advised that the winner of the organisations
ongoing IT tender should be named by June...........Subscribers Lottery Players Forgo Millions in Unclaimed Prize
Money ATHENS, Greece (January 10, 2007) -- According to
local media reports Greek lottery players failed to collect some 32
million euros from betting company OPAP in 2005........Subscribers
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 companys 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
Companys 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) -- OPAPs CEO Mr. Niadas in a
meeting with Greek institutional investors stated that Stihimas 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 Companys
Shareholders was held on the Companys 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) -- OPAPs CEO repeated that the
companys 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 OPAPs 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 OPAPs 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 Companys 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) -- Greeces
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), Europes 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
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 Companys 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 Lotterys 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 Lotterys IT
Infrastructure ATHENS, Greece (July 28, 2005) Five
companies will possibly be interested in participating in
OPAPs IT tender according to sources
citing OPAPs 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 Lotterys Public Offering with Scratch
Cards ATHENS, Greece (July 4, 2005) - Greece will soon
reintroduce the Xysto instant lottery game.........................Subscribers Lottery Companys "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 OPAPs 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 Lotterys 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, Europes 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 organizations 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 
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