Opap S.A. Unsponsored ADR (GF8A)

Overview

Organization of Football Prognostics S.A., known as OPAP, holds a pivotal position in the betting and gaming landscape of Greece. Established in 1958 with its headquarters nestled in Athens, Greece, OPAP spearheads the operation and management of an extensive array of lottery and sports betting games. Its business operations encompass several key segments including Lotteries, Land-Based Betting, Online Betting, Other Online Games, Instant & Passives, Video Lottery Terminals (VLTs), Telecommunication & eMoney Services, and other diversified ventures. OPAP's entitlement spans across conducting, managing, organizing, and operating a wide range of games such as numerical lottery games, betting games, passive and instant lotteries, VLTs, along with terrestrial and online horseracing mutual betting. The brand thrives not just within the confines of traditional retail but also excels in digital domains through online betting and gaming platforms, facilitated by a robust franchise retail network and various sales and distribution channels including agents, street vendors, and retailers. With a legacy spanning over six decades, OPAP has earned its reputation as a cornerstone in Greece’s entertainment and betting industry, underscoring its commitment to responsible gaming and contributing significantly to the country's socio-economic development.

Products and Services

• Sports Betting

  OPAP’s sports betting offerings are a blend of fixed odds and mutual betting games. This category includes the popular PAME STOIXIMA for fixed odds, along with PROPO, PROPOGOAL, HORSE RACING STOIXIMA, POWERSPIN, and PAME STOIXIMA virtual sports under the mutual betting games umbrella. These games offer an exciting betting experience for sports enthusiasts, leveraging both traditional and virtual sports.

• Numerical Lottery Games

  In the numerical lottery segment, OPAP presents a mix of fixed odds and mutual games. Highlighted games such as KINO, SUPER 3, and EXTRA 5 operate on a fixed odds basis, while TZOKER (Joker), LOTTO, and PROTO are based on mutual betting. Each game comes with its unique appeal, offering numerous opportunities for winning and entertainment.

• Passive Lotteries

  The passive lotteries category features traditional lottery games such as LAIKO, ETHNIKO, and STATE. These are draw-based lotteries that have been a staple in Greece’s gaming culture, providing straightforward and thrilling opportunities to win.

• Instant Lotteries

  OPAP’s instant lottery offerings, including the popular and beloved SCRATCH Luck tickets, allow players to experience the thrill of instant gratification. These scratch cards are widely accessible and cater to a multitude of player preferences with various themes and prize structures.

• Video Lottery Terminals (VLTs)

  Under the brand name PLAY, OPAP operates Video Lottery Terminals, offering a diverse range of electronic lottery and gaming options. These terminals provide players with interactive and engaging gaming experiences, featuring a variety of games and themes.

• Telecommunication & eMoney Services

  Expanding beyond gaming, OPAP provides valuable telecommunication and eMoney services. These include intangible talk time selling, bill payments, and transaction services via electronic means, enhancing customer convenience and extending the company’s portfolio into financial services.

• Online Betting and Gaming Platforms

  Embracing the digital revolution, OPAP has successfully ventured into the online realm with its betting and gaming platforms. These platforms offer convenient access to a wide range of OPAP's games, enabling players to enjoy their favorite betting and lottery games from the comfort of their homes or on the go.