Tag Archives: Retail lottery

Stoixman deal helps OPAP revenue grow to €1.54bn

Stoixman deal helps OPAP revenue grow to €1.54bn

Greek operator OPAP recorded €1.53bn (£1.28bn/$1.69bn) in revenue in 2021, a 36.2% year-on-year increase, as the acquisition of the remainder of Stoiximan helped the business diversify its operations with greater focus on online betting and gaming.

Breaking down this revenue total by game type, lotteries were the largest contributor, bringing in €549.2m, which was 5.9% more than in 2020.

This was followed by retail betting, which brought in €283.0m, up 5.6%, as pandemic-related restrictions continued to have an impact.

“Our retail business demonstrated high resilience, with recovery ramping up, even though our stores had to suspend operations for several months and adjust to strict healthcare restrictions after reopening,” OPAP chief executive Jan Karas said. “Our comprehensive commercial plan and well-accepted loyalty programs played a key role to this end.”
Online betting, meanwhile, experienced a sharp increase in revenue, by nearly 500% to €238.4m. Similarly, revenue from online..

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Strong lottery showing helps Tabcorp revenue grow 2.2% in H1

Strong lottery showing helps Tabcorp revenue grow 2.2% in H1

Australia’s Tabcorp Holdings reported an increase in revenue for the six months ended 31 December 2021, with its lottery division the standout performer ahead of its demerger from the group.

For the first half of the operator’s financial year, revenue was up 2.2% year-on-year to AU$2.93bn (£1.55bn/€1.86bn/$2.11bn).

The largest contributor to the group total was the Lotteries and Keno division, comprising The Lott and Keno brands. It saw revenue increase 10.9% to AU$1.78bn in spite of keno venues being impacted by Covid-19 trading restrictions. While keno revenue was down 9.8% to AU$119.0m, lottery was up 12.7% to AU$1.67bn across retail and digital channels.

A highly visible retail network – comprising newsagents, petrol stations, kiosks and pharmacies – helped turnover grow 5%, while digital’s share of lottery turnover was up from 32.1% in the prior year to 36.7%.

Game development helped keep jackpot games and Saturday Lotto turnover growing. However, other titles, such as scra..

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