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Opap Offered Sole Greek Horse Betting License
Sunday, April 19, 2015 : O.P.A.P. OFFERED SOLE GREEK HORSE RACE BETTING LICENCE
Greek government's privatisation agency negotiated a Euro 40 million deal.
HRADF, the Greek government's privatisation agency charged with selling off government assets as the nation struggles to meet its international debt obligations, has announced that it has invited former government gambling monopoly (since privatised) group OPAP to sign an agreement to acquire the country's sole licence for horse racing betting.
The Reuters news agency reports that the deal follows an announcement in March this year that HRADF would proceed with the sale of the exclusive betting rights to OPAP, which won the licence last year after offering Euro 40 million.
OPAP traditionally operated horse racing betting in Greece before it was privatised.
The new Greek Prime Minister Alexis Tsipras told Reuters on Thursday that privatisations have been a key demand of the country's international lenders.
However, the election promises of his government when it was elected in January to end austerity and block "fire-sales" has cast doubts on the future of Greece's privatisations plan, a necessary condition to receive further "bail-out" loans from the international banking community.
The government has estimated that privatisation deals could raise Euro 1.5 billion this year.
Existing privatisation tenders include the sale of a 67 percent stake in biggest port Piraeus and the lease of a bundle of 14 regional airports.
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Kentucky Derby Odds: Justify still Favorite -
With all the races on the Road to the Kentucky Derby complete, Justify is still on top of the odds list at 4/1. But he’s got company: Mendelssohn (9/2), Audible (11/2) and Magnum Moon (8/1) are all very much in contention for the big race on May 5.
888Poker Takes Over the States -
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MPN Poker Tour Bratislava | Day 2 -
It was a hard fight around the bubble, culminating in the elimination of Georgios Drakakis in 46th place. He received a surprise consolation entry into the next MPNPT stop in Sunny Beach, Bulgaria (5-8 July), which softened the blow of missing out on a €900 min-cash.
MPN Poker Tour Bratislava Day 1B -
Dorey Captures Chip Lead After MPNPT Bratislava Day 1b Triples 1a Field Size. The second flight of the €550 MPN Poker Tour Bratislava Main Event is in the bag, and so are the chips of 97 players who will be returning along with the 26 Day 1a survivors to fight to the money and beyond today
MPN Poker Tour Bratislava Day 1A -
The MPN Poker Tour has arrived in Bratislava for the very first time, bringing with it the Tour’s friendly mix of local and globe-trotting poker enthusiasts, pros and qualifiers to the beautiful Slovakian capital.
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