revenue of €106.5m (€111m in 2017). Amounts wagered topped €430.7m in 2018.
Scratch cards provide around 67 per cent of the revenues followed by popular lottery (Laiko) with 27 per cent and national lottery (Ethniko) with six per cent.
Intralot is in discussions with OTE (Hellenic Telecommunications Organisation) for a joint bid for a Greek online betting licence. Te two will form a new entity that will be majority controlled by OTE to apply for an online betting licence under the new regulatory reforms.
OTE is the largest telecommunications provider in Greece and one of the leading telecom groups in South East Europe with a presence also in Romania. It saw €3.8bn in revenues last year of which the Greek market was responsible for 75 per cent.
OTE has some 1.9 million broadband customers and a market share of 48 per cent and 7.9 million mobile customers and a market share of over 50 per cent.
In 2018, Intralot announced the acquisition of an indirect shareholding towards Hellenic Casino Parnitha. It acquired a 50 per cent share of the Cypriot company Karenia Enterprises Company for €6.75m via its subsidiary Intralot Global Holdings. Karenia holds a 30 per cent stake in the Athens Resort Casino which has a 51 per cent share of the Hellenic Casino Parnitha.
Meanwhile there are four VLT suppliers to OPAP.
Scientific Games supplies just over 5,000 VLTs to the OPAP whilst IGT recently added another 1,000 VLTs in 2019 to its base of 5,550 VLTs in the Greek market. IGT provides the horse racing
OPAP GGR PER CATEGORY
INVESTORS.OPAP.GR CATEGORY
2016
Lottery Betting VLTs
Instants /Passives TOTAL
€841m €397m -
€159m €1.39bn
2017
€818m €421m €58m
€159m €1.45bn
pool engine in both the retail and digital sectors also the platform for VLTs in gaming halls.
Inspired was chosen as one of the four VLT suppliers to OPAP in 2015 to supply terminal machines and related online platforms and games to OPAP’s gaming halls. Te company was initially selected to provide 3,960 (24 per cent) of the total 16,500 VLTs awarded to OPAP. Based on game performance, Inspired was later awarded nearly 5,000 additional units bringing its total to 8,940 VLTs (36 per cent) of the total 25,000 VLT licences.
As of end of September 2019 Inspired had more than 7,300 machines in operation with the remaining units to be placed in the next few months and 380 of these new units will be Inspired’s latest Valor VIP cabinet, which is receiving rave reviews.
Te company was also selected to supply Virtual 2018
€780m €406m €209m €152m €1.54bn
Q3 2019 €197m
€92m €72.8 €32m
€394m
9M 2019 €577m
€284m €212.7m €100m €1.17bn
% SHARE 50%
23% 19% 8%
NEWSWIRE / INTERACTIVE / MARKET DATA P111
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