What is the meaning of opap?
OPAP S.A., standing for Hellenic Organization of Football Prognostics S.A., is the premier gaming and lottery enterprise operating in Greece. Established as a state-controlled monopoly before transitioning into a publicly traded corporation, it holds exclusive rights to manage and operate numeric lotteries, sports betting games, and video lottery terminals across the country. OPAP contributes substantial revenues to Greek public infrastructure and sports development programs through regulated gaming operations.
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OPAP Cyprus represents the regional operational subsidiary and retail network of OPAP S.A., which is the leading gaming and lottery entertainment enterprise headquartered in Greece.
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OPAP operates as a publicly listed corporate entity rather than a direct government department or state-run agency, though it functions under strict regulatory oversight and historical licensing concessions granted by the state.
OPAP historically held exclusive state-granted monopoly concessions over specific lottery, sports betting, and numerical gaming categories within the Greek market.
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Jan Karas serves as the Chief Executive Officer of OPAP, having taken the helm of the prominent gaming and betting organization in December 2020 after successfully managing various senior commercial roles within the enterprise for nearly seven years.
OPAP is closely integrated with Allwyn International, which has maintained a major strategic shareholding in the gaming enterprise for many years and increased its stake to become the dominant controlling owner.
The corporate headquarters of OPAP S.A. (Greek Organisation of Football Prognostics S.A.) is located at 62 Athinon Avenue, 104 42 Athens, Greece.
OPAP features a dedicated loyalty program known as OPAP Rewards, which allows frequent players and participants to register easily using their mobile numbers to unlock special benefits, member-exclusive offers, and rewards.
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OPAP S.A. (Organization of Football Prognostics S.A.) is the dominant Greek betting and lottery enterprise that holds the exclusive operating license for numerical lotteries, sports betting games, and VLT machine parlors across Greece.
The multinational lottery operator and parent company responsible for running major national gaming operations across Europe was previously known as Sazka Entertainment AG.
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