Greek Organisation of Football Prognostics S.A. (OPAP) Overview
Pro stress-test →OPAP is a Greek company organizing and conducting games of chance, headquartered in Athens. The company is the exclusive gambling provider in Greece, operating lotteries, sports betting, and related gaming services across multiple channels.
Strategic Profile
Pro stress-test →OPAP holds the exclusive rights to organize and manage numerical lotteries and sports betting in Greece. The company operates under the international brand of Allwyn and holds the exclusive license to operate number lotteries, sports betting and horse races. This monopoly position provides significant competitive protection and stable revenue streams in the Greek gaming market.
Competitive Landscape
Pro stress-test →The Greek legislation which granted a gambling monopoly to OPAP has been ruled incompatible with EU law by the European Court of Justice. However, OPAP maintains exclusive operating rights in practice through 2030. Main competitive threats include licensed international operators like Intralot and emerging online gaming platforms, though OPAP's entrenched position provides near-term protection.
Industry Context
Greek Organisation of Football Prognostics S.A. (OPAP) operates in Gambling & Gaming Services.
Key facts
Founded: 1958 · Headquarters: Athens, Greece · Employees: 1,950 · Revenue: N/A · Market cap: $5.74B