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greek Lottery Management changes

1/4/10 - The Greek government has named Yannis Spanoudakis, a senior Athens 2004 Olympics organiser, as the new chief executive officer of Europe's biggest betting company OPAP, a company spokesman has revealed. 
 
"The Greek state proposes Yannis Spanoudakis as new CEO and Haris Stamatopoulos as new Chairman," OPAP's outgoing CEO Christos Hadjiemmanouil said at a general shareholders meeting held to approve the appointments earlier this week. The appointments were approved.
 
Spanoudakis was a former managing director with the Athens 2004 Olympics organising committee and a senior executive with Dow Chemical. Stamatopoulos is a former chief of the Athens International Airport, reports Reuters, explaining that the Greek government is OPAP's biggest shareholder, with a 34 percent stake, and that Hadjiemmanouil and other board members had offered their resignations after the new Socialist government came to power in the October 4th national elections.
 
OPAP has a state monopoly on sports betting and lotteries until 2020 but is facing stiff competition from foreign Internet bookmakers, although online betting is still illegal in Greece.
 
Analysts are concerned about the impact of any new gaming taxes imposed on the company as the Greek government struggles to balance its budgetry books. A controversial 10 percent personal lottery tax on punters has been suspended until April 30.
 
Shares in OPAP, down 25 percent since the start of the year, have underperformed a 23 percent rise of the Athens bourse's benchmark index according to Reuters.



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US$30M DUBAI WORLD CUP - Racecourse Media Group and Meydan to showcase world’s richest raceday to more than 150 territories The Dubai World Cup is the first horse race to be broadcast live on airlines and cruise lines

NHL Odds: Forsberg Faces Elliott in Nashville - The last time the Nashville Predators played against the Calgary Flames, Calgary had a 4-1 lead five minutes into the second period. Nashville responded with four back-to-back goals, including a hat trick from centreman Filip Forsberg. Both teams went into overtime with five goals, and Calgary defenseman Mark Giordano (12 goals, 22 assists) scored the winning goal.

Sit & Go 2.0 launched online exclusively at Americas Cardroom - Get ready to cheer like a champion before the first flop is even dealt. The much-anticipated Sit & Go 2.0 is now launched online exclusively at Americas Cardroom and Sit & Go players are reaping the benefits of the next evolution of poker.

NBA Odds: Hawks, Wiz in Southeast Showdown - The Washington Wizards (42-27 SU, 36-32-1 ATS) can pretty much secure the Southeast Division title with a win Wednesday night over the Atlanta Hawks (37-32 SU, 31-38 ATS). Tip-off is at 8 PM ET on ESPN; the Wizards lead Atlanta by five games with less than a month remaining before the playoffs.

Mega Moolah progressive jackpot Hit Again - Microgaming’s Mega Moolah progressive jackpot slot has been hit yet again at just over €6.6 million!

NBA Odds: Clippers Try to Slow Down Bucks in LA - Milwaukee Bucks small forward Giannis Antetokounmpo and Los Angeles Clippers power forward Blake Griffin are two of the most talented and versatile forwards in the NBA. The two lead their teams into battle on Wednesday in Los Angeles.

NCAAB Odds: SMU Hosts Tulsa With AAC Title on the Line - There aren’t too many college basketball teams more profitable than the SMU Mustangs (25-4 SU, 18-5-1 ATS). They host the Tulsa Golden Hurricane (14-14 SU, 15-12 ATS) this Thursday night, tipping off at 8 PM ET on CBSSN.

NHL Odds: Canadiens Welcome Islanders Tonight - The Montreal Canadiens (32-20-8) welcome the New York Islanders (28-21-10) on Thursday (7:30 PM ET on SNE). After getting their first victory under new head coach Claude Julien, the Canadiens will look to build on that momentum against a red-hot Islanders team.

NHL Odds: Reeling Flyers Seek Relief in Pittsburgh - #nhl The Philadelphia Flyers have been a bit off since the holidays. They’ve won just eight games since the Christmas break, and now they’ve got a tough one coming up this Saturday night against the Pittsburgh Penguins.

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