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Opap Shareholders Approve Intralot Contract
Monday April 8, 2013 : OPAP SHAREHOLDERS APPROVE INTRALOT CONTRACT
May complicate sale of Greek State's 33 percent stake
Greek gambling monopoly OPAP received shareholder approval of its controversial IT services contract with Intralot at an extraordinary general meeting held over the weekend.
Two potential suitors of the 33 percent stake sale in OPAP, Emma Delta and a consortium led by Gauselmann and Playtech, threatened possible legal action last month should the contract go ahead saying the successful bidder of the stake would be tied-in to the contract for five years and that OPAP would pay more for the contract than originally stated.
The duo called on the Hellenic Republic Asset Development Fund (HRADF) facilitating the sale and OPAP to refrain from formalising the contract.
The HRADF distanced itself from the issue saying in a statement read to shareholders ""HRADF is not, in any case, in a position to evaluate the terms of the deal. The approval of these terms is an issue for OPAP's management, which has the specific knowledge of the respective technical and economic parameters."
OPAP did not reveal how many shareholders voted in favour of the Intralot deal and the HRADF kept its neutral stance with a blank ballot cast on the Intralot contract issue.
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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.
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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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