Greece's OPAP shortlists 3 firms for online betting

Reuters News
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Posted: Mar 29, 2012 6:38 AM
Greece's OPAP shortlists 3 firms for online betting

ATHENS (Reuters) - Europe's largest betting firm OPAP <OPAr.AT> has shortlisted software firms GTech, Playtech and Intralot <INLr.AT> to provide services as part of its plan to expand into online betting, its chief executive said on Thursday.

"On Internet (betting), we are in the final phase to pick a vendor among three candidates," CEO Yannis Spanoudakis told reporters. "The aim is to pick the vendor by the third quarter."

OPAP, in which the state has a 34 percent stake, wants to expand into online betting, a sector that the government plans to deregulate.

(Reporting by Angeliki Koutantou, writing by George Georgiopoulos)