Online Casino Blog

Revenues up by 9% to €5.5 billion and net profits up 19.6% to reach €728.5 million were highlights of the 2008 financial report released by the Greek gambling monopoly OPAP this week. Earnings before taxation increased by 22.9% to €1.056 billion. Revenues in the last quarter of OPAP’s 2008 fiscal year were up by 1.4% to €1.542 billion (2007 FY:€1.521 billion) but fourth quarter net profits decreased by 7.2% to €178.9 million (2007: €192.8 million). Christos Hadjiemmanuil, Chairman and CEO, said: “Although we operated in a challenging and difficult economic environment in 2008, we managed to deliver impressive improvement in  [ Read More ]