OPAP Q1 Net Profit Down 21 Percent

Europe’s largest betting company OPAP reported a 21 percent drop in net profit in the first quarter of 2012 on Thursday, as Greece’s economic woes weighed on punters’ spending.

Greek gambling behemoth OPAP reported net profits down 20.9 percent on the prior-year period in results for the first quarter of 2012 published yesterday after the close of trading.

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