Greek Gambling Group Opap Reports Full Year Growth
By Casinomeister, Last updated Apr 8, 2016
Despite regulatory and tax "restrictions and uncertainties" group recorded 1.6 percent growth in GGR
The Greek online and land gambling group OPAP has posted its FY-2015 numbers, noting that despite regulatory and tax "restrictions and uncertainties" the company recorded 1.6 percent growth in GGR to Euro 1.4 billion on wagers of Euro 4.3 billion, with the pay-out percentage flat at 67.1 percent.
EBITDA rose 8.8 percent year-on-year to Euro 377.1 million, whilst net gaming revenue was up 1.9 percent at Euro 625.3 million, yielding net profit up 8.1 percent at Euro 210.7 million.
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