Third Point and Emma Delta
Greece receives two OPAP bids
2013-04-19
Reading time 27 seg
(Greece).- The Greek government drew just two bids for the sale of a 33% stake in its state-owned gaming monopoly OPAP. Bidders include US investment fund Third Point, and Emma Delta, a group controlled by a Greek ship-owner George Melisanidis and Czech investor Jiri Smecj.
Gaming industry analysts say that interested parties from the gaming sector, including German gaming equipment firm Gauselmann and gaming software group Playtech, had decided not to submit bids because of the uncertain future of OPAP in regards to ongoing EU legislatory issues, and the current Greek financial crisis.
Italian gaming firm Lottomatica declined comment when asked about a Greek media report saying that it had a 10% stake in Emma Delta.
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