OPAP: 3.853 stores ...

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3.853 "stores" its network of points of sale OPAP !

The development of the VLTs network has continued at full pace OPAPafter the legislative resolution of the issue raised by the decision of the Council of State.

His Managing Director OPAPSpeaking to analysts during a teleconference to present the financial results of the first half of 2019, Damian Coop said that by the end of October, about 22 - 23 thousand slot machines would be operational (up from about 20,3 thousand today). , while the target of 25 VLTs will be achieved by the end of 2019.

Already the activity of VLTs is catalytic for its financial dimensions OPAP. In the first half of the year, net pre-levy revenue from VLTs continued to rise and stood at € 139,9 million, compared to € 89,4 million in the first half of 2018.

Net income before contributions from VLTs in the second quarter of 2019 amounted to 70,9 million. The management of the Group noted that the average cost per visit now stands at 29 euros, the daily GGR per game machine at 40 euros, while the subscriber base exceeded 355 thousands, from 219 thousands at 2019.

Mr Coop referred to the jackpot introduced into the slot machine network in the second quarter of 2019, something that has met with customer and partner feedback.

At the same time, he said that there is still room for improvement both at the Play Gaming Halls locations and at the agencies where the VLTs operate, as well as in promoting services, announcing that the company will continue its initiatives to introduce new games, which is expected within 3-6 months.

Shops

Regarding the Retail Excellence 2020 program that aims to make stores OPAP attractive entertainment destinations, by leveraging digital technologies, new products and services for company partners, is moving forward

As Mr Coop commented, in the last three years, Mr OPAP has managed to renew or upgrade more than one third of its branch network throughout Greece. A total of 320 new or refurbished stores OPAP had opened by the end of the first half.

The Agency's network of points of sale totaled 3.853 stores at the end of June, with the average supply of its agents. OPAP to have increased by 2% year-on-year in the first half of 2019 and store performance to have increased by 20% in the same period.

Interesting are the observations on online market activity, where OPAP continues to develop its dual strategy for online shopping, focusing so much on developing its own business (OPAP online), as well as investing in Stoiximan Group.

Management stressed that Joker's online presence has helped boost his online customer base. OPAP. The online joker turnover reached just 3% to 4% of the total turnover, with increasing trends.

As mentioned, however, the availability of new toys will also depend on the content of the new arrangement for the online gambling market that the government is evaluating after the EU member states have completed their comment process. on the draft law sent to the EU to buy online gambling.



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Nikos Chrysikopoulos
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