Playtech Signs Deal with Greek Betting and Lottery Operator

Gaming and financial industry giant Playtech signs an agreement with OPAP.

London listed gaming and financial industry giant Playtech has sealed a deal with one of the leading Greek gaming and lottery operators. The company that purchased CFH Clearing for $120 million in November last year has signed an agreement with OPAP to deliver self-service betting terminals.

Join the iFX EXPO Asia and discover your gateway to the Asian Markets

To unlock the Asian market, register now to the iFX EXPO in Hong Kong.

Last year, Playtech acquired Austrian company Best Gaming Technology for €138 million. The firm develops software for self-service betting terminals. The deal with the Greek operator is a direct result of the assets which Playtech acquired at the time.

Suggested articles

Axia Investments – Take Your Trading to the Next LevelGo to article >>

The agreement with OPAP is for three years and includes the machines, relevant software and services and a follow up introduction of an Over-the-Counter (OTC) sports betting solution in 2018.

The Playtech BGT Sports unit, which includes the Austrian acquisition, will deliver recently-launched compact SSBTs throughout 2017, with the initial roll-out of the machines commencing in 2017.

The Chief Executive Officer of Playtech BGT Sports, Dr. Armin Sageder, said: “There are multiple opportunities to further develop our relationship as OPAP looks to enhance its digital retail offering and we believe today’s agreement marks the start of a long and successful relationship.”

“The introduction of SSBTs is aligned with our strategic priority to build a world-class portfolio of products and services for OPAP. Our cooperation with Playtech will contribute to the considerable improvement of our retail sports-betting offering and the enhancement of our customers’ experience,” said OPAP CEO Damian Cope.

Got a news tip? Let Us Know