Group sizes showed a double-digit percentage increase gambling in the first quarter of 2023. In particular, net revenue before royalties (GGR) increased by 15.4% to €527.4 million from January to March, driven by improved retail performance and further development of land-based and Online games. Earnings before interest, taxes, depreciation and amortization (Ebitda) in the first quarter year on year increased by 16.4% to 196.5 million euros as a result of increased revenue. Net income increased by 33.6% to €118m and net debt/EBITDA was 0.1x (0.03x including leases) over the past twelve months, indicating a strong cash position, according to OPAP.

“After an impressive fourth quarter of 2022, OPAP started 2023 strongly with strong organic growth. The strong profitability in the first quarter of 2023 reflects our attractive customer proposition as well as our increased operational efficiency. Overall, significant progress has been made across all areas of the OPAP Fast Forward business strategy.

Among other things, we have further improved our products and improved the customer experience. In addition, the OPAP Store app continues to bear fruit, highlighting the tangible impact of our initiatives to digitize the customer experience in our stores. Looking ahead, we remain well positioned for the next stages of our company’s growth. At the same time, we are constantly on the lookout to ensure that OPAP takes full advantage of the opportunities that appear in the market, while at the same time fulfilling its commitment to sustainability and social contribution,” said the managing director of the listed company. Jan Karas.

What categories of games have the most impact on sizes? Lotteries where net income before tax (GGR) increased by 11% to €188.7m, due in large part to improved efficiency MOVIE and from profitable jackpots V Joker.

Sports betting games, in which net income before tax (GGR) increased by 10.5% to 169 million in the first quarter of 2023 compared to the corresponding period of 2022. These numbers were backed up by significant growth and contributions from Virtuals and Powerspin games, along with overall demand. for online.

Net profit before contributions increased by 15.4% compared to the corresponding period in 2022, to 527.4 million rubles.

In the Slot Machines (VLT) segment, in the first quarter of 2023, net revenue before contributions (GGR) increased by 21.7% to €84.4 million, maintaining a strong momentum as a result of increased activity.

From scratch and lottery, OPAP’s net income before royalties (GGR) increased by 29.8% to €30.5 million, driven by an expanding customer base coupled with successful product promotions.

Online casino net revenue before tax (GGR) increased by EUR 54.9 million from EUR 41.5 million in the first quarter of 2023 compared to the corresponding period of 2022 as a result of higher activity and, accordingly, player spending.

For fiscal year 2022, the total shareholder compensation is €1.45 per share.