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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.
Gambling News :
Betradar Launches US Sports Betting Solutions -
With only a few weeks to go until the betting and gambling world descends on ICE in London, Betradar have today announced that they will be launching a comprehensive range of tools and services to any company that will be looking to provide sports betting in a post-PASPA United States.
Final 12 For MPNPT Morocco -
Sunday on the MPN Poker Tour Morocco will see several trophies awarded at the Mazagan Beach Resort, with the largest going to the Main Event champion along with a prize of MAD 400,000 (c.€35,400).
MPNPT Morocco Updates -
Leading the 104 combined survivors from both flights is still Said El-Yousfi with 272,000 chips; visit the MPN Poker Tour blog for an end-of-day recap and full chip counts.
MPN Poker Tour Morocco Day 1A -
The MPN Poker Tour has returned to Morocco this week (January 11-14), featuring the MAD 1.5 million guaranteed Main Event, accompanying side events, and the activities and parties for which this tour has now become known on two continents.
2018 MPN Poker Classic -
The MPN announces the return of The Classic tournament series this January. The series is back following its successful €350,000 guaranteed debut in 2017. This time €500,000 is guaranteed, along with a once in a lifetime trip to Monaco for the Classic Champion.
PDC and Sportradar Renew Deal -
Following this month’s hugely successful World Championship, the Professional Darts Corporation (PDC) and long-standing partners Sportradar have renewed their multi-faceted cooperation that will see the leader in sports data and content continuing in their role as official data
Poker Yaar Joins MPN -
Available through download, instant play and mobile, Pokeryaar.com is live with Omaha, Hold’em and Five-Card poker variants, alongside MPN’s Fish Party, the industry’s only progressive jackpot SNGs.
New MPN Poker Rooms Tower Torneos -
Impressed with Microgaming, having already integrated with the Quickfire platform to gain access to some of the industry’s best gaming content, Tower Torneos has extended the relationship with poker.<
NY Rangers vs. Devils on 12/21 -
When the Devils and Rangers hit the ice on Thursday (7 PM ET on MSG), so too will two of the league’s top netminders. After a slow start to the season, Henrik Lundqvist has returned to his form of old. Through 29 games, he’s posted a 2.59 goals against average, and a .920 save percentage.
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