GOFPY on OTC Markets Group

Allwyn Greece

Logo: OPAP – Greek Organisation of Football Prognostics S.A., Public domain, via Wikimedia Commons3

Greek company organizing and conducting games of chance

OPAP – Greek Organisation of Football Prognostics S.A. (Greek: ΟΠΑΠ – Οργανισμός Προγνωστικών Αγώνων Ποδοσφαίρου Α.Ε.) is a Greek company organizing and conducting games of chance. It is headquartered in Athens and for many years OPAP was a state-owned gambling monopoly.2 From Wikipedia, CC BY-SA 4.0

Price unavailable

Last updated Oct 16, 2026.

Overview

1958Founded1

Compare with another stock.

  • TickerGOFPY on OTC Markets Group1
  • Industrygambling1
  • HeadquartersAthens1
  • Websitewww.opap.gr
  • Legal formAnonymi Etaireia1
  • Listed onEuronext Athens (OPAP), OTC Markets Group (GOFPY)1

OPAP – Greek Organisation of Football Prognostics S.A. (Greek: ΟΠΑΠ – Οργανισμός Προγνωστικών Αγώνων Ποδοσφαίρου Α.Ε.) is a Greek company organizing and conducting games of chance. It is headquartered in Athens and for many years OPAP was a state-owned gambling monopoly. The company holds the exclusive rights to organize and manage numerical lotteries and sports betting in Greece. In 2013 the privatization of the company was completed through the sale of the State's remaining 33% stake to the Emma Delta investment scheme.2

How it started

History

In the 1950s, an effort to upgrade Greek sport and improve its infrastructure began. In this framework, the General Secretariat for Sports (Greek: Γ.Γ.Α) was established in 1957. In order to secure funding, the idea to utilize revenue from football prognostics - following the example of other European countries - came to fruition. With this aim, OPAP was established in 1958 as a private legal entity under the umbrella of the General Secretariat for Sport. At the same time of its establishment, a Royal Decree institutionalized the first game OPAP introduced named PRO-PO (the Greek Acronym for Football Prognostics) which was organised along the lines of Italy's Toto Calcio. PRO-PO was launched in March 1959, a few months before the introduction of the Football League First Division and part of its revenues contributed to funding the newly created division. Initially there were no exclusive agencies and games players at partner corner-shops/kiosks, dairies, e.t.c while geographically the game was limited to Athens, Thessaloniki and Piraeus.

The early years

PRO-PO enjoyed success from the start. This was due, in part, to strong advertising campaigns. In the 1960s the game saw various improvements such as the paying out winnings for slips with 11 correct predictions. OPAP was present in 70 cities and in 1966 it had reached 795 agencies. During this period, it moved its headquarters to Panepistimiou Street, opposite the National Library. In March 1965, OPAP launched its second game, named "6 from 36", an adaptation of a similar German game, the establishment of which was provided in the same royal decree as PRO-PO. There were 36 games on each slip and players had to predict 6 that would result in a draw with the most goals scored. The game was initially met with approval but its slips dropped quickly resulting in the game being stopped in April 1966.

Dictatorship era

During the military junta period, OPAP experienced impressive growth, helped by the promotion of sport by the dictatorial regime. Agencies shot up to 2,000 from 900 and in 1974 revenues amounted to 1.3 billion drachma, up from 176 million drachma in 1966. The increase in agency profit margins, from 5% to 10%, contributed to this expansion as did the introduction of group systems and the valuable gifts that were drawn (cars, trips etc.) since 1965.

From Wikipedia’s article on Allwyn Greece, shared under CC BY-SA 4.0.2

Products and brands

  • lottery
  • online gambling
  • parimutuel betting
  • scratchcard
  • sports betting
  • video lottery terminal

Listed on Wikidata.1

Subsidiaries and ownership

Parent company

  • Allwyn International

Owners

  • Emma Delta Variable Capital Investment Ltd 33%
  • Sazka Delta Hellenic Holdings 32.9%
  • Allwyn International 10.2%

Subsidiaries

  • OPAP Cyprus

From Wikidata.1

Employees over time

  • 20201,4981

Revenue over time

As stated on Wikidata, in the currency reported.

Revenue

  • 20201.1B EUR1

Net income

  • 2020186.4M EUR1

Timeline

  1. 1958Founded Founded1

Sources

The numbers on this page point here. Each one links to the record it came from.

  1. 1
  2. 2
  3. 3