OPAP Investment Limited named preferred investor in the State Lotteries’ tender
OPAP announces that its 100% subsidiary, OPAP Investment Limited, has been named the preferred investor in the tender for the concession of the exclusive right to produce, manage, operate, promote and leverage the State Lotteries, following a decision taken by the Board of Directors of the GrowthFund.
The consideration for the concession of the exclusive right to State Lotteries, for a period of 12 years, amounts to €80 million and will be paid one-off. Additionally, it is provided that 30% of the Gross Gaming Revenues from State Lotteries will be paid to the Greek State per year, with a minimum annual payment of €20 million.
In this context, Jan Karas, Chairman and CEO of OPAP, stated: "We are pleased with the successful outcome of the tender. This development allows us to continue to provide, for the next 12 years, games that have been particularly loved by the Greek public, through our broad network. At the same time, this gives us the push to focus even more on the games’ evolution and revamp, always based on customers’ needs and expectations, as well as by utilizing innovative approaches in our propositions. We are moving dynamically into a new era for lotteries."
It is noted that OPAP, through its subsidiary Hellenic Lotteries S.A., holds the exclusive right to produce and manage the State Lotteries in 2014-2026 the period. Throughout the years, the company has managed to reintroduce to the broader public, the Laiko, Ethniko, and New Year's Lotteries, as well as SCRATCH (Instant State Lottery), through various successful editions.
Athens, 26 November 2025
OPAP S.A.
