Casino Legislation News

Greece's leading Gaming & Lotter company, OPAP to raise 200m in expectation of VLT operation

OPAP, Greece’s leading gaming and lottery company aims to raise up to 200m through a bond issue in order to finance it’s investment of 35.000 VLTs.

The bond issue, is expected to roll out until the end of March, not only will provide the state-run with much needed liquidity in a cash-starved economy, but will also act as a vote of confidence, just before the launch of the much-anticipated VLT operation.

UK Brexit

With the impacts of Thursday 23rd June's momentous referendum decision for Brexit still seeping in, I must unfortunately forecast that the future is undoubtedly bleak for the British casino industry. I know this will not sit well with a traditionally libertarian industry, who many I am certain will have voted to ‘regain control’, but for our industry this is an absolute nightmare.