Greek Gambling Group Opap Reports Full Year Growth

GREEK GAMBLING GROUP OPAP REPORTS FULL YEAR GROWTH

01st April, 2016 at 15:53:39
Source: http://www.azonlinecasinos.com

Despite regulatory and tax "restrictions and uncertainties" group recorded 1.6% 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% 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% year-on-year to Euro 377.1 million, whilst net gaming revenue was up 1.9% at Euro 625.3 million, yielding net profit up 8.1% at Euro 210.7 million.

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