Greece

OPAP, the fourth largest betting firm in Greece announced on Thursday that next year the company will conclude the roll-out of its new business of video lottery terminals (VLTs). The announcement came during a press conference where the Chief Executive...

The Greek police reported that in the last fortnight of 2016 they made an astonishing 300 arrests in 51 separate raids for illegal gambling at Internet cafes and unlicensed make-shift casinos. The authorities have admitted that it is difficult to identify...

The Regency Casino Mont Parnes has filed an appeal at Council of State against a decision by the Hellenic Gaming Commission which will allow the rolling out of 35,000 video lottery terminals (VLTs) throughout Greece, saying it is against...

On Wednesday OPAP SA announced that following the introduction of a new VLTs regulation by the Hellenic Gaming Commission, the company's Board of Directors has decided that all of the appropriate conditions are now in place to allow OPAP...

Greek security forces have launched a manhunt for migrants who illegally crossed over from the Turkish border since Friday when thousands massed on the Turkish side of the Evros River. Greek Reporter filmed an incident at the small border town...

Greek authorities are looking for a way to cut the number of video lottery terminals (VLTs) that gaming privatised monopoly OPAP operates in the country. The Finance Ministry has tabled a bill seeking to slash the number of VLTs to...

The regulation of online betting along with the other measures promoted concerning the betting industry will create a new significant prospect for the economy, Minister of Finance Harris Georgiades has said, as the Cyprus National Betting Authority gears up...

The much-anticipated bailout deal between Greece and creditors is signed and the Greek government has to implement the following reforms in order to receive the 86 billion euros the three-year program will provide: Reforms that should be voted and implemented...

The Greek bailout proposal was sent via email to the president of the Eurogroup, Jeroen Dijsselbloem who will forward it to the rest of Greece's creditors. The Greek parliament which also received the draft, has been ordered to prepare an...

"Either they do not want an agreement or they serve special interests in Greece," Prime Minister Alexis Tsipras said to his colleagues, shortly before departing for Brussels. The Greek prime minister was referring to the insistence of the International Monetary...

OPAP gaming company anticipates net profits between 800 million and 1 billion euros per year from its VideoLottery Terminals (VLTs) once they start operating. The gaming company will operate 35,000 VLT terminals in Greece after obtaining a license in 2011...

Greek gaming company OPAP is moving forward with the plan to create a “Play” gaming hall network in order to host its new game machines, known as Video Lottery Terminals or VLTs. According to company officials more than 4,000...

Mont Parnes Casino in Parnitha, near Athens, has filed a complaint to the European Commission, accusing the Greek Government of favoring the OPAP gaming company by legalizing smoking at OPAP betting shops with video lottery terminals (VLTS) Mont Parnes Casino...

The countdown for the completion of the privatization of OPAP has started, and before the Athens' Bourse opens on Friday, Greek-Czech fund Emma Delta will have completed the acquisition of 105 million shares in the gaming company and paid...

The Greek police launched a campaign at the start of the year aimed at shutting down establishments operating as illegal casinos in Athens and around the capital, with seizures of video lottery terminals (VLTs) and computers running electronic betting...