Austrian Companies Interested in Greek Lottery

Countries › Other Regions ♦ Published: June 17, 2011; 15:41 ♦ (Vindobona)

As Greece is forced to put its assets on sale, Austrian gaming companies see chances for an acquisition of the country’s national lotteries.

Austrian Companies Interested in Greek Lottery / Picture: © Vindobona.org

Greece intends to improve its difficult financial situation by privatizing state-owned enterprises, including the national lottery company OPAP. 34% of the listed sports betting and lottery monopolist are held by the Greek state. The well established company, which is currently valued at approximately € 1.5bn, has attracted the attention of Austrian gaming groups.

The gaming…

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