ECONOMY

OPAP sees Q3 profits rise 26 percent

Greece’s OPAP, Europe’s second-biggest gambling firm based on market value, posted on Tuesday a 26 percent rise in third quarter profit, boosted by new games and cost cuts.

Net profit rose to 55.9 million euros from 44.4 million euros in the same period last year. The figure was at the high end of analysts’ forecast in a recent Reuters poll.

The company also said it would pay an interim dividend of 0.23 euros a share. [Reuters]