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OPAP Goes Against Betting Tax in Greece

OPAP Goes Against Betting Tax in Greece

Akos January 15, 2016 17:23:29

OPAP won’t accept the government’s EUR 0,05 tax levy on all their games. The land-based betting operator has turned to the High Court to suspend the tax. OPAP, Greek lottery and betting operator, has asked the High Court to annul the new on its games. The EUR 0,05 per column tax became effective on the […]

Greek Gambling Market Perking Up After Disastrous 5 Years

Greek Gambling Market Perking Up After Disastrous 5 Years

Phyllis F. May 6, 2015 11:04:51

Last year, the average gambler spent 7.5% more than they did for the past years which is equivalent to about €187. 2015 comes with good news for the Greek gambling industry, according to the Greek’s Gaming Oversight and Control Commission (EEEP). With the gambling turnover on the rise since its slump which started in 2009, […]

Intralot Challenges Controversial Sale of Greek Horserace Betting License

Intralot Challenges Controversial Sale of Greek Horserace Betting License

Monica E. October 3, 2014 17:25:48

The sale of the Greek horserace betting license could be blocked by the state administrative court after complaints from lottery provider Intralot. Last week, the Hellenic Republic Asset Development Fund (HRADF) received two bids for the domestic horserace betting license, and the national privatization company decided to award it to OPAP. The local gaming operator […]

Greek Horseracing License Ready to be Snapped Up by OPAP and Intralot

Greek Horseracing License Ready to be Snapped Up by OPAP and Intralot

Toni September 24, 2014 16:49:48

Intralot and OPAP are among the two companies fighting for the lucrative horseracing license that is currently on offer in Greece. Gambling news reports Hellenic Republic Asset Development Fund (HRADF) has so far received two serious proposals for their horseracing betting license. The Greek privatization firm is now happy to be looking into selling the […]

OPAP in Pole Position to Acquire Greek Horse Race Betting License

OPAP in Pole Position to Acquire Greek Horse Race Betting License

Toni September 2, 2014 14:11:01

In efforts to generate much needed revenues, Greek officials decide to auction off a horse race betting license with OPAP being the main candidate to seal the deal. Greek Organization of Football Prognostics (OPAP) is leading the way to claim the license, after a previously favored party decided to opt of the deal. Hellenic Republic […]

Greek Illegal Gambling Market Worth EUR 6 Billion

Greek Illegal Gambling Market Worth EUR 6 Billion

Monica E. July 29, 2014 14:19:16

Authorities have every reason to be concerned about the turn things have taken on the Greek gambling market. While regulated casino revenue is dropping in Greece, illegal gambling is on the rise and making billions. Recent Greek gambling news reports the country’s illegal gambling market has generated EUR 5.5 to 6 billion over the past […]

Greek Casinos Files Complaint Against OPAP

Greek Casinos Files Complaint Against OPAP

Jennifer W. May 15, 2014 12:51:44

With a number of internet betting sites pointing the finger at the OPAP gaming company being a teacher’s pet for the Greek State, Mont Parnes Casino near Athens has filed a complaint with the European Commission. The wave of accusations not only show an unfair bias from the Greek state towards the land-based and online […]

Greek Sportsbetting: Only One Game in Town

Greek Sportsbetting: Only One Game in Town

Tom S. January 28, 2014 15:07:36

European integration moves forward but the Greek sportsbetting market is stubbornly resistant. Sportsbetting has enjoyed a high degree of popularity in Greece for a long time, as it has in most of the world. Bettors particularly enjoy placing wagers on football matches. The Greek Organization of Football Prognostics (OPAP) was founded in 1958 as a […]