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OPAP Q3 net profit up 64 pct on new games, litigation win
November 14, 2017 / 4:09 PM / a month ago

OPAP Q3 net profit up 64 pct on new games, litigation win

ATHENS, Nov 14 (Reuters) - Greece-based OPAP posted on Tuesday a 64 percent rise in third-quarter net profit helped by the roll out of video lottery terminals and the reversal of litigation provisions.

OPAP, Europe’s fifth-biggest betting firm by revenues, said net profit in July-to-September came in at 48.1 million euros ($56.52 million) from 29.3 million euros in the same period last year. ($1 = 0.8510 euros) (Reporting by Angeliki Koutantou; Editing by Karolina Tagaris)

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