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Betting saw a 12.8 per cent year-on-year increase in the first quarter of 2025, reaching €190m in revenue compared to €168.4m in Q1 2024. Meanwhile, igaming revenues in Q1 2025 were almost €85m, compared to almost €71m in Q1 2024 – a 19.8 per cent increase. In Greece there are more than 8,000 Points of Sale for the OPAP sales network including 3,025 OPAP stores and 359 PLAY stores with VLTs whilst Passive Lotteries and scratchcards are sold via a further 5,000 PoS kiosks and street vendors.
and poker services to OPAP. Te group hold an 84 per cent stake in Stoixman’s share capital. Te licences for online betting/casinos were granted in 2021. Te Stoiximan sportsbook includes Pame
Stoihima, Propo and Propogoal plus casino games. GGR in 2024 reached a record amount of €2.29bn for OPAP compared to €2.08bn in 2023 GGR. Last year’s net profit was €486m. Te lottery accounts for almost 34 per cent of
OPAP revenues with €774m last year, followed by betting with €746m (32 per cent) and VLTs with €344m (15 per cent), igaming with €325m (14 per cent) and instants/passives with €105m with about five per cent. Te biggest growth area is igaming which saw
revenues increase year-on-year by 29 per cent from €252 (2023) to €325m (2024). Q1 2025 saw a GGR of €595m compared to €549.7m for the same quarter in 2024 (an eight per cent increase) which was mainly due to a
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strong growth in the sports betting sector. Of this revenue €419m was from the retail sector and €176m was from the online sector. Jan Karas, CEO said at the time: “2025 has
started well with a set of robust Q1 results. Our solid organic growth driven by continued mo- mentum in online, makes us confident that we will deliver our outlook for 2025. “Major drivers for this success have been sports
betting and igaming whilst Tzoker benefited from favourable jackpot rollovers and the record- breaking jackpot in January. Additionally retail digitalisation is rapidly advancing through the OPAP Store App, offering personalised experiences through our Loyalty schemes.” Betting saw a 12.8 per cent year-on-year
increase in the first quarter of 2025, reaching €190m in revenue compared to €168.4m in Q1 2024. Meanwhile, igaming revenues in Q1 2025 were almost €85m, compared to almost €71m in Q1 2024 – a 19.8 per cent increase.
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