Online gaming drives OPAP’s first-half revenue to €1.15 billion
OPAP the leading gaming operator in Greece, has announced its consolidated financial results for the six-month period ended June 30th, 2025.
OPAP’s revenues (GGR) in H1 2025 increased by 6.5% y-o-y reaching €1,153.0m (H1 2024: €1,082.5m).
Q2 2025 GGR saw an increase of 4.7% y-o-y to €557.9m on the back of strong online performance and solid retail contribution that was also boosted by a robust performance.
Gross Profit from gaming operations in H1 2025 stood at €487.0m compared with €450.6m in H1 2024, higher by 8.1% y-o-y. Q2 2025.
Gross Profit from gaming operations increased by 5.5% y-o- y to €236.2m vs €223.9m in Q2 2024, in line with top-line growth.
Comment of OPAP’s CEO, Mr. Jan Karas, on the Q2 2025 results: “Q2 2025 was another strong quarter for OPAP, with solid financial results delivering 4.7% y-o-y top-line growth, despite tough sportsbetting comparables due to the Euro 2024 tournament.
Revenue growth was driven mainly by Tzoker, which maintained high levels of player engagement
and performance thanks to a series of favourable jackpot rollovers, which also extended into Q3.
Additionally, Eurojackpot’s positive momentum continued, supported by a new communication
campaign.
These factors had a broader positive impact on retail footfall and all gaming verticals. Moreover, iGaming delivered strong results for yet another quarter, supported by the continuous evolution of the game portfolio, user experience and loyalty proposition.
Overall, the Q2 results reflect the successful execution of our business strategy, as well as our ability to generate sustainable value. In this framework and in line with our commitment to delivering strong shareholder returns, we are pleased to announce an interim dividend of €0.50 per share.
Looking ahead, we are confident that OPAP is well positioned to meet its financial and business
objectives for FY2025. We remain focused on the implementation of our strategic priorities, while
continuing to uphold our ESG commitments and create value for all our stakeholders.”