{"id":23,"date":"2024-06-11T04:27:26","date_gmt":"2024-06-11T01:27:26","guid":{"rendered":"https:\/\/sunriseslots100nodepositbonus.icu\/2024\/06\/11\/apollo-strengthens-grip-on-opap-with-sazka-share-purchase\/"},"modified":"2024-06-12T10:38:28","modified_gmt":"2024-06-12T07:38:28","slug":"apollo-strengthens-grip-on-opap-with-sazka-share-purchase","status":"publish","type":"post","link":"https:\/\/sunriseslots100nodepositbonus.icu\/2024\/06\/11\/apollo-strengthens-grip-on-opap-with-sazka-share-purchase\/","title":{"rendered":"Apollo Strengthens Grip on OPAP With Sazka Share Purchase"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/yWUN_ouuqtQ\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>The private equity firm has cemented its grasp on OPAP, the Hellenic gaming behemoth, by purchasing the outstanding shares held by Sazka, a parent company. This action elevates Apollo&#8217;s financial interest in OPAP from 41.2% to 48.1%, raising their holdings&#8217; worth to roughly \u20ac3.274 billion (equivalent to $3.715 billion USD). Apollo offered a 10% markup on OPAP&#8217;s present market valuation, considering Sazka&#8217;s current liabilities and revenue stream.  To fund the purchase, Apollo secured an agreement with Yeonama Holdings Co and employed a blend of liquid assets and a recent \u20ac600 million bond offering.<\/p>\n<p>This tactical maneuver bolsters Apollo&#8217;s presence in the Continental market, particularly within the Greek lottery and gaming industry.  Robert Chvatal, Apollo&#8217;s Chief Executive, emphasized the importance of this acquisition, remarking, &#8220;The complete acquisition of SAZKA Delta signifies a pivotal moment in our trajectory and reflects our enduring approach of expanding our ownership in the enterprises we manage. It embodies the culmination of a series of dealings over the preceding three years to procure the interests of other SAZKA Delta stakeholders.&#8221; <\/p>\n<p>Through a calculated approach of receiving our OPAP dividends as equity, coupled with additional acquisitions from the market, we have significantly increased our ownership in the company.  Our initial stake in 2018 was 23.7%, which has now grown to an impressive 48.1%.  We are highly satisfied with OPAP&#8217;s performance and are optimistic about its future prospects.<\/p>\n<p>Currently, there is considerable interest surrounding Allwyn, particularly with the recent development regarding their pursuit of Justin King, the former head of Sainsbury&#8217;s, to oversee their lottery business in the UK. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The private equity firm has cemented its grasp on OPAP, the Hellenic gaming behemoth, by purchasing the outstanding shares held by Sazka, a parent company. This action elevates Apollo&#8217;s financial interest in OPAP from 41.2% to 48.1%, raising their holdings&#8217; worth to roughly \u20ac3.274 billion (equivalent to $3.715 billion USD). Apollo offered a 10% markup [&hellip;]<\/p>\n","protected":false},"author":50,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Apollo Strengthens Grip on OPAP with Sazka Share Purchase<\/title>\n<meta name=\"description\" content=\"Private equity giant Apollo boosts its stake in OPAP, the Greek gaming powerhouse, to 48.1% after acquiring shares from Sazka. This multi-billion dollar deal solidifies Apollo\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/sunriseslots100nodepositbonus.icu\/2024\/06\/11\/apollo-strengthens-grip-on-opap-with-sazka-share-purchase\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Apollo Strengthens Grip on OPAP With Sazka Share Purchase\" \/>\n<meta property=\"og:description\" content=\"Private equity giant Apollo boosts its stake in OPAP, the Greek gaming powerhouse, to 48.1% after acquiring shares from Sazka. This multi-billion dollar deal solidifies Apollo\" \/>\n<meta property=\"og:url\" content=\"https:\/\/sunriseslots100nodepositbonus.icu\/2024\/06\/11\/apollo-strengthens-grip-on-opap-with-sazka-share-purchase\/\" \/>\n<meta property=\"og:site_name\" content=\"Your Premier Choice for Licensed Online Casino Games &amp; News\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-11T01:27:26+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-12T07:38:28+00:00\" \/>\n<meta name=\"author\" content=\"Gavin &quot;Gust&quot; Diaz\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Gavin &quot;Gust&quot; Diaz\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/sunriseslots100nodepositbonus.icu\/2024\/06\/11\/apollo-strengthens-grip-on-opap-with-sazka-share-purchase\/\",\"url\":\"https:\/\/sunriseslots100nodepositbonus.icu\/2024\/06\/11\/apollo-strengthens-grip-on-opap-with-sazka-share-purchase\/\",\"name\":\"Apollo Strengthens Grip on OPAP with Sazka Share Purchase\",\"isPartOf\":{\"@id\":\"https:\/\/sunriseslots100nodepositbonus.icu\/#website\"},\"datePublished\":\"2024-06-11T01:27:26+00:00\",\"dateModified\":\"2024-06-12T07:38:28+00:00\",\"author\":{\"@id\":\"https:\/\/sunriseslots100nodepositbonus.icu\/#\/schema\/person\/089c439fc74d82280cebf92f3489c1c4\"},\"description\":\"Private equity giant Apollo boosts its stake in OPAP, the Greek gaming powerhouse, to 48.1% after acquiring shares from Sazka. This multi-billion dollar deal solidifies Apollo\",\"breadcrumb\":{\"@id\":\"https:\/\/sunriseslots100nodepositbonus.icu\/2024\/06\/11\/apollo-strengthens-grip-on-opap-with-sazka-share-purchase\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/sunriseslots100nodepositbonus.icu\/2024\/06\/11\/apollo-strengthens-grip-on-opap-with-sazka-share-purchase\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/sunriseslots100nodepositbonus.icu\/2024\/06\/11\/apollo-strengthens-grip-on-opap-with-sazka-share-purchase\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Homepage\",\"item\":\"https:\/\/sunriseslots100nodepositbonus.icu\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Apollo Strengthens Grip on OPAP With Sazka Share Purchase\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/sunriseslots100nodepositbonus.icu\/#website\",\"url\":\"https:\/\/sunriseslots100nodepositbonus.icu\/\",\"name\":\"Your Premier Choice for Licensed Online Casino Games &amp; News\",\"description\":\"Explore the dynamic world of online gambling through our fresh news, honest reviews, and informative insights. Our licensed casino is your ultimate gaming resource.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/sunriseslots100nodepositbonus.icu\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-GB\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/sunriseslots100nodepositbonus.icu\/#\/schema\/person\/089c439fc74d82280cebf92f3489c1c4\",\"name\":\"Gavin \\\"Gust\\\" Diaz\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/sunriseslots100nodepositbonus.icu\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/sunriseslots100nodepositbonus.icu\/wp-content\/uploads\/sites\/54\/2024\/06\/man-avatar-96x96.png\",\"contentUrl\":\"https:\/\/sunriseslots100nodepositbonus.icu\/wp-content\/uploads\/sites\/54\/2024\/06\/man-avatar-96x96.png\",\"caption\":\"Gavin \\\"Gust\\\" Diaz\"},\"description\":\"Holding a Ph.D. in Financial Mathematics and a Master's in Sociology, this accomplished author has a deep understanding of the financial and social dimensions of the casino industry and the role of gambling in shaping individual and collective economic behavior. They have expertise in option pricing, social network analysis, and behavioral finance, which they apply to the study of the financial risks and rewards of casino gambling and the social and psychological factors influencing gambling behavior. Their articles and news pieces provide readers with a socio-economic perspective on the casino industry and the strategies used to promote financial literacy and responsible gambling.\",\"url\":\"https:\/\/sunriseslots100nodepositbonus.icu\/author\/ewqtrwe1235125\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Apollo Strengthens Grip on OPAP with Sazka Share Purchase","description":"Private equity giant Apollo boosts its stake in OPAP, the Greek gaming powerhouse, to 48.1% after acquiring shares from Sazka. This multi-billion dollar deal solidifies Apollo","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/sunriseslots100nodepositbonus.icu\/2024\/06\/11\/apollo-strengthens-grip-on-opap-with-sazka-share-purchase\/","og_locale":"en_GB","og_type":"article","og_title":"Apollo Strengthens Grip on OPAP With Sazka Share Purchase","og_description":"Private equity giant Apollo boosts its stake in OPAP, the Greek gaming powerhouse, to 48.1% after acquiring shares from Sazka. This multi-billion dollar deal solidifies Apollo","og_url":"https:\/\/sunriseslots100nodepositbonus.icu\/2024\/06\/11\/apollo-strengthens-grip-on-opap-with-sazka-share-purchase\/","og_site_name":"Your Premier Choice for Licensed Online Casino Games &amp; News","article_published_time":"2024-06-11T01:27:26+00:00","article_modified_time":"2024-06-12T07:38:28+00:00","author":"Gavin \"Gust\" Diaz","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Gavin \"Gust\" Diaz","Estimated reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/sunriseslots100nodepositbonus.icu\/2024\/06\/11\/apollo-strengthens-grip-on-opap-with-sazka-share-purchase\/","url":"https:\/\/sunriseslots100nodepositbonus.icu\/2024\/06\/11\/apollo-strengthens-grip-on-opap-with-sazka-share-purchase\/","name":"Apollo Strengthens Grip on OPAP with Sazka Share Purchase","isPartOf":{"@id":"https:\/\/sunriseslots100nodepositbonus.icu\/#website"},"datePublished":"2024-06-11T01:27:26+00:00","dateModified":"2024-06-12T07:38:28+00:00","author":{"@id":"https:\/\/sunriseslots100nodepositbonus.icu\/#\/schema\/person\/089c439fc74d82280cebf92f3489c1c4"},"description":"Private equity giant Apollo boosts its stake in OPAP, the Greek gaming powerhouse, to 48.1% after acquiring shares from Sazka. This multi-billion dollar deal solidifies Apollo","breadcrumb":{"@id":"https:\/\/sunriseslots100nodepositbonus.icu\/2024\/06\/11\/apollo-strengthens-grip-on-opap-with-sazka-share-purchase\/#breadcrumb"},"inLanguage":"en-GB","potentialAction":[{"@type":"ReadAction","target":["https:\/\/sunriseslots100nodepositbonus.icu\/2024\/06\/11\/apollo-strengthens-grip-on-opap-with-sazka-share-purchase\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/sunriseslots100nodepositbonus.icu\/2024\/06\/11\/apollo-strengthens-grip-on-opap-with-sazka-share-purchase\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Homepage","item":"https:\/\/sunriseslots100nodepositbonus.icu\/"},{"@type":"ListItem","position":2,"name":"Apollo Strengthens Grip on OPAP With Sazka Share Purchase"}]},{"@type":"WebSite","@id":"https:\/\/sunriseslots100nodepositbonus.icu\/#website","url":"https:\/\/sunriseslots100nodepositbonus.icu\/","name":"Your Premier Choice for Licensed Online Casino Games &amp; News","description":"Explore the dynamic world of online gambling through our fresh news, honest reviews, and informative insights. Our licensed casino is your ultimate gaming resource.","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/sunriseslots100nodepositbonus.icu\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-GB"},{"@type":"Person","@id":"https:\/\/sunriseslots100nodepositbonus.icu\/#\/schema\/person\/089c439fc74d82280cebf92f3489c1c4","name":"Gavin \"Gust\" Diaz","image":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/sunriseslots100nodepositbonus.icu\/#\/schema\/person\/image\/","url":"https:\/\/sunriseslots100nodepositbonus.icu\/wp-content\/uploads\/sites\/54\/2024\/06\/man-avatar-96x96.png","contentUrl":"https:\/\/sunriseslots100nodepositbonus.icu\/wp-content\/uploads\/sites\/54\/2024\/06\/man-avatar-96x96.png","caption":"Gavin \"Gust\" Diaz"},"description":"Holding a Ph.D. in Financial Mathematics and a Master's in Sociology, this accomplished author has a deep understanding of the financial and social dimensions of the casino industry and the role of gambling in shaping individual and collective economic behavior. They have expertise in option pricing, social network analysis, and behavioral finance, which they apply to the study of the financial risks and rewards of casino gambling and the social and psychological factors influencing gambling behavior. Their articles and news pieces provide readers with a socio-economic perspective on the casino industry and the strategies used to promote financial literacy and responsible gambling.","url":"https:\/\/sunriseslots100nodepositbonus.icu\/author\/ewqtrwe1235125\/"}]}},"_links":{"self":[{"href":"https:\/\/sunriseslots100nodepositbonus.icu\/wp-json\/wp\/v2\/posts\/23"}],"collection":[{"href":"https:\/\/sunriseslots100nodepositbonus.icu\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sunriseslots100nodepositbonus.icu\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sunriseslots100nodepositbonus.icu\/wp-json\/wp\/v2\/users\/50"}],"replies":[{"embeddable":true,"href":"https:\/\/sunriseslots100nodepositbonus.icu\/wp-json\/wp\/v2\/comments?post=23"}],"version-history":[{"count":1,"href":"https:\/\/sunriseslots100nodepositbonus.icu\/wp-json\/wp\/v2\/posts\/23\/revisions"}],"predecessor-version":[{"id":30,"href":"https:\/\/sunriseslots100nodepositbonus.icu\/wp-json\/wp\/v2\/posts\/23\/revisions\/30"}],"wp:attachment":[{"href":"https:\/\/sunriseslots100nodepositbonus.icu\/wp-json\/wp\/v2\/media?parent=23"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sunriseslots100nodepositbonus.icu\/wp-json\/wp\/v2\/categories?post=23"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sunriseslots100nodepositbonus.icu\/wp-json\/wp\/v2\/tags?post=23"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}