The 9m 15 was marked by punitive legal measures imposed on OPAP’s legacy games while, at the same time, the Hellenic Gaming Commission introduced stricter regulations for the operation of VLTs, forcing OPAP to freeze the launch of its first machines, for economic reasons. On top of this, the betting activity in Q3 15 was hurt by capital controls this summer, contrasting with robust 9m 15 figures. Revenues slipped by 15.7% while wagers contracted by 12.9% (vs +2.7% in 9m), attributable t
04 Dec 2015
Punitive tax and legal measures knock out OPAP
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Punitive tax and legal measures knock out OPAP
- Published:
04 Dec 2015 -
Author:
Bérénice Lacroix -
Pages:
3
The 9m 15 was marked by punitive legal measures imposed on OPAP’s legacy games while, at the same time, the Hellenic Gaming Commission introduced stricter regulations for the operation of VLTs, forcing OPAP to freeze the launch of its first machines, for economic reasons. On top of this, the betting activity in Q3 15 was hurt by capital controls this summer, contrasting with robust 9m 15 figures. Revenues slipped by 15.7% while wagers contracted by 12.9% (vs +2.7% in 9m), attributable t