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Online casino continues to uplift OPAP revenue in Q3

CDC Gaming
CDC Gaming
·Mars

Greek gambling group OPAP posted a 17.6% year-on-year increase in revenue for Q3, helped by double-digit growth across its lottery, sports betting and online casino segments.

Gross gaming revenue for the three months to 30 September hit €565.8 million ($596.6 million). This comfortably surpasses the €481 million reported by OPAP in Q3 last year.

Figures from the operator published last night (20 November) show growth in four of its five core divisions. Lottery generated the most revenue at €200 million, but arguably the star of the show was online casino where revenue jumped 48.3%.

This continued a trend seen throughout H1, with growth in the online casino business far outpacing other areas.

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