May 30, 2018 / 2:57 PM / 5 months ago

OPAP first-quarter profit up 20 percent

ATHENS, May 30 (Reuters) - Greece-based OPAP on Wednesday posted a 20 percent rise in first-quarter net profit, helped by its new video lottery business and lower taxation.

OPAP, Europe’s fifth-biggest betting firm by revenue, said net profit in the January-to-March period stood at 39.9 million euros, up from 33.2 million euros in the same period last year. (Reporting by Angeliki Koutantou Editing by Karolina Tagaris)

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