Day: 15 November 2017

OPAP Sees 64% Q3 Net Profit Increase Thanks to Video Lottery Terminals Rollout

Wed 15 Nov 2017 10.32 Olivia Cole
OPAP Sees 64% Q3 Net Profit Increase Thanks to Video Lottery Terminals Rollout

The Greek betting company OPAP revealed a massive increase in its third-quarter net profit, saying that the boost was driven by its newly-released video lottery terminals, as well as by the reversal of litigation provisions. Currently, the operator is the fifth-largest betting company on the territory of Europe. In its latest fiscal report, OPAP revealed that its net profit over the period from July to September amounted to €48.1 million. In comparison, the net profit reported by the firm over the same period a year earlier was estimated to €29.3…

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Young Girl Complains to Victorian Premier Andrews from Extensive Gambling Advertising

Wed 15 Nov 2017 8.22 Daniel Williams
Young Girl Complains to Victorian Premier Andrews from Extensive Gambling Advertising

A 10-year-old school girl has called the Victorian Premier Daniel Andrews to reduce gambling advertising due to the possible negative influence they could have on young people. Mikayla Krivohlavek, a Bellarine Christian College school girl, has written a letter to the Premier of the state of Victoria, urging him to have “disgraceful” gambling advertising suspended. According to the young girl, gambling adverts were on TV too often, so she decided to share her concerns that that such ads could have a bad impact on young people. The girl shared her…

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