ECONOMY

Lottomatica confirms it has minority stake in OPAP buyer

Lottomatica said on Wednesday its net profit rose 30 percent in the first quarter of the year to 74.7 million euros, boosted by its video lottery business in Canada.

The Italian gaming company also confirmed it bought a minority stake in one of the funds that comprise Emma Delta, the investment vehicle which bought the Greek betting company OPAP.

“As an industrial partner, Lottomatica Group expects to provide expertise in the areas of technology, operations, and the launch of new products,” the company said on its strategic investment in Greece.

[Reuters]