Greece Poised to Sell Lottery Business by End-June

Greece Poised to Sell Lottery Business by End-June

Greece plans to sell its state lotteries by the end of June, which will enable it to privatize betting monopoly OPAP, Reuters reported on Wednesday, quoting a privatization agency official.
Greece agreed last month to sell a 33% stake in OPAP to Greek-Czech fund Emma Delta for 712 million euro ($953.54 million).
But the OPAP sale has been threatened by delays in Greece selling its 12-year state lottery licence to an OPAP-led consortium.
"We are aiming to conclude the (state lottery) deal by the end of the month," the executive director of privatisation agency TAIPED, Andreas Taprantzis, told Reuters. "This is related to OPAP's privatisation, which has to be concluded, so we have to get it done."

    

Cookies Preferences
Choose Type of Cookies You Accept Using


These cookies are required for the website to run and cannot be switched off. Such cookie are only set in response to actions made by you such as language, currency, login session, privacy preferences. You can set your browser to block these cookies but our site may not work then.


These cookies allow us to measure visitors traffic and see traffic sources by collecting information in data sets. They also help us understand which products and actions are more popular than others.


These cookies are usually set by our marketing and advertising partners. They may be used by them to build a profile of your interest and later show you relevant ads. If you do not allow these cookies you will not experience targeted ads for your interests.