Strong Growth in Online and Retail Sectors
OPAP experienced solid organic growth in Q1 2025, driven by strong momentum in online and robust retail sectors, with a notable boost from Sportsbetting and iGaming.
Record-Breaking Jackpot Achievement
January saw a record-breaking jackpot in the Tzoker game, contributing to the strong performance in the lottery segment.
Online Market Share Increase
OPAP reported a strong 20% growth in its online segment, outperforming the market's mid-teens growth, indicating an increase in market share.
Lottery Revenue Growth
The lottery segment recorded a 5.5% year-over-year increase in GGR, with a 34% revenue growth and 14% growth in online players.
Positive VLT Refurbishment Impact
The initiative to refurbish VLT cabinets is showing positive revenue impacts, supporting a continuous improvement strategy.