x

Society

Greek Gaming Agency OPAP Stripped of Online License

September 20, 2019

ATHENS – Greece’s privatized gambling monopoly OPAP, which the state sold off in 2013, has lost its license to provide online sports betting, a move not seen as a critical blow given the low proceeds from the operation.

The country’s highest administrative court, the Council of State invalidated the license, said Kathimerini, overturning a regulation issued by the Hellenic Gaming Commission (EEEP) in 2014 which allowed OPAP to launch its Pame Stoichima sports betting platform. The corporation can now only provide betting services through its betting agencies across Greece.

It also means that if OPAP wants to get back online, a significant source of revenue for gambling operations in other countries which people prefer over only going to a brick-and-mortar setting to place bets, it will have to seek another authorization, on equal terms with other firms.

With an exclusive right to operate, OPAP didn’t have to deal with domestic competitors although those from other countries had been trying to get into the market. Instead, OPAP invested in rival betting firm Stoiximan.

The next move, the paper said, is up to the new ruling New Democracy which would have to pick up the ball if it wants to license service providers as the government said it had been planning to do anyway in 2020. OPAP offers gamblers a range of games such as Kino, Pro-Po, Lotto and live betting too.

RELATED

ATHENS — The United Nations' refugee and migration agencies on Friday criticized Greece's failure over the past year to shed light on one of the worst migrant shipwrecks in the Mediterranean Sea that left hundreds dead.

Top Stories

Columnists

A pregnant woman was driving in the HOV lane near Dallas.

General News

NEW YORK – Meropi Kyriacou, the new Principal of The Cathedral School in Manhattan, was honored as The National Herald’s Educator of the Year.

Video

1 of 2 Abducted Louisiana Children is Found Dead in Mississippi after Their Mother is Killed

JACKSON, Miss. (AP) — A Louisiana woman was found dead in her home Thursday, and her two young daughters were abducted and found hours later in Mississippi — one dead and the other alive, police said.

ATHENS – Acknowledging disappointing results in the European Parliament elections for New Democracy, Prime Minister Kyriakos Mitsotakis said there won’t be early elections in Greece and dismissed any idea of taking New Democracy further right.

NEW YORK – This year, Leros New York is the standout team in the Premier Division of the Long Island Soccer Football League (LISFL) – and beyond.

ROME - There were multiple triumphs for Greece this week at at the European Athletics Championships in Rome.

LAUSANNE, Switzerland (AP) — The Spanish team for men's soccer at the Paris Olympics got permission Thursday from the IOC to select two players who previously played for other countries.

Enter your email address to subscribe

Provide your email address to subscribe. For e.g. [email protected]

You may unsubscribe at any time using the link in our newsletter.