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Greeks off gambling, Opap Q3 shows

21 November 2011

GREECE -- Opap SA (OPAP), Q3 profit was down 16 percent, Bloomberg reported.

Opap's revenue decreased 11 percent during the Q3 period, according to Bloomberg.

The revenue and profit decline is attributed to the austerity measures that Greeks are currently facing with major economic turbulence that has them gambling less, the report noted.

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