The country’s largest gaming company OPAP raised its gross gaming revenue by 4.7% year-on-year in the second quarter, driven by strong online casino growth and a steady lottery performance, it said on Wednesday.

Lottery performance and the growth in online casino offset weaker sports betting due to tough comparisons with the Euro 2024 tournament, it said.

Revenue from its online casino segment surged 24.4% to €86.4 million, while lottery revenue grew 2.2% to €180.9 million, supported by strong jackpots.

Betting revenue, however, fell 1.9% to €178.2 million, reflecting a challenging comparison with last year’s second quarter, when the Euro 2024 tournament took place.

Chief Executive Jan Karas said in a statement the quarter demonstrated “solid financial results” despite “tough sports betting comparables,” and reaffirmed that OPAP was well-positioned to meet its full-year outlook.

The Athens-listed group also announced an interim dividend of €0.50 per share. [Reuters]