ECONOMY

Greece’s OPAP Q2 core profit jumps on new games

greece-amp-8217-s-opap-q2-core-profit-jumps-on-new-games

Greece's biggest betting firm OPAP posted a 36 percent rise in second-quarter core profit on Thursday, helped by the launch of new games.

Europe's second-biggest gambling firm by market value said earnings before interest, tax, depreciation and amortisation (EBITDA) rose to 93.2 million euros ($105 million) from 68.6 million in the same period last year.

The figure exceeded analysts' average forecast of 87.9 million euros in a Reuters poll.

[Reuters]