iGaming Business – Greek gambling monopoly OPAP has reported a massive 73.9% year-on-year fall in net profit to €67.3 million ($89 million) from €258 million for the first half of 2013. Revenue fell by 15.1% from €2.055 billion to €1.744 billion, with OPAP citing chronic financial problems in Greece and one-off factors for the results. Between the start of January and the end of June, sportsbetting declined by 26.9% to €605.9 million, while numbers games operated by OPAP fell by 7.1% to €1.138 billion. Earlier this month, the Greek government’s Hellenic Republic Assets Development Fund (HRADF) agency finalised a deal to…

From Fox Business News Greece’s government Wednesday accepted a 652 million euro ($860.3 million) bid for the state gambling company OPAP SA (GRKZF, OPAP.AT), marking the first significant asset sale in the country’s long-delayed privatization program. In a statement, Greece’s privatization agency said that a Czech-led private equity consortium, Emma Delta, had won the bid for the acquisition of a 33% stake of OPAP, after improving its earlier bid by EUR30 million to meet the government’s minimum target price. Greece will also retain 2012 dividends from the company, equal to EUR60 million, bringing the total bid up to EUR712 million,…