What is OPAP?
Founded in 1958 and headquartered in Athens, Greece, OPAP is a prominent operator of lottery games and related management and advertisement services. The company plays a crucial role in the Greek gaming and lottery sector, offering a wide range of products and services to its customer base. Its long-standing presence and operational scale highlight its significance within the national economy.
How much funding has OPAP raised?
OPAP has raised a total of $964.6M across 2 funding rounds:
Share Placement
$738.3M
Debt
$226.3M
Share Placement (2013): $738.3M with participation from Emma Delta
Debt (2017): $226.3M led by National Bank of Greece and Eurobank Ergasias
Key Investors in OPAP
Emma Delta
Emma Delta is an investor participating in the funding round, with their specific investment focus not detailed.
National Bank of Greece
National Bank of Greece, a major financial institution, provides a range of banking and investment services, indicating a strategic interest in OPAP's financial stability and growth prospects.
Eurobank Ergasias
Eurobank Ergasias is an investor in this funding round, contributing to OPAP's capital structure.
What's next for OPAP?
With substantial enterprise-level backing and a recent strategic investment, OPAP is well-positioned for continued growth and expansion. The company's focus is likely to remain on optimizing its lottery operations, potentially exploring new gaming technologies, and further solidifying its market leadership. Future strategic moves may involve enhancing digital offerings and expanding its service portfolio to meet evolving consumer demands and regulatory landscapes.
See full OPAP company page
