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Greek gambling firm OPAP's profit down 16 pct on recession
November 20, 2012 / 3:50 PM / 5 years ago

Greek gambling firm OPAP's profit down 16 pct on recession

ATHENS, Nov 20 (Reuters) - Greece’s OPAP, one of Europe’s biggest betting firms, reported a profit drop for the third quarter on Tuesday, weighed down by a recession in its crisis-hit Greek home market.

Net profit at the partly state-owned company that is slated for privatisation stood at 113.6 million euros ($145.6 million), just beating an average forecast of 108.9 million euros in a Reuters poll of analysts. ($1 = 0.7803 euros) (Reporting by Harry Papachristou)

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