Organization of Football Prognostics S.A. Overview
Pro stress-test →OPAP is a Greek company organizing and conducting games of chance that holds the exclusive rights to organize and manage numerical lotteries and sports betting in Greece. The company was historically a state-owned gambling monopoly, and completed privatization in 2013. It operates through segments including Lotteries, Land-Based Betting, Online Betting, Other Online Games, Instant & Passives, Video Lottery Terminals (VLTs), Telecommunication & eMoney Services, and Other services.
Strategic Profile
Pro stress-test →Sports betting has become OPAP's most profitable product, with strong diversification across digital and land-based channels. The company has exclusive rights for numerical lotteries and betting games extended until October 2030, providing long-term market protection. As of recent data, the company trades at a PE ratio of 13.01 with a dividend yield of 10.24%, indicating attractive shareholder returns.
Competitive Landscape
Pro stress-test →OPAP is the exclusive gambling provider in Greece operating lotteries and sports betting. In the broader European lottery and gaming space, the company competes with regional and international operators like Intralot, Scientific Games, and Lottomatica, though monopoly protection limits direct competition in Greece.
Industry Context
Organization of Football Prognostics S.A. operates in Gambling & Gaming - Lotteries & Sports Betting.
Key facts
Founded: 1958 · Headquarters: Athens, Greece · Employees: 2,041 · Revenue: $1.6B · Market cap: $6.58B