OPAP appoints Ilias Katsaros as chief retail officer

Katsaros will also join OPAP's top management team.

Katsaros has 20 years' experience in the industry and has held senior roles in various commercial functions across the USA, Greece and Germany.

Before joining OPAP he spent eight years with Adidas as a senior director of sales in Europe, more than seven years at Korres Natural Products as general manager and a further four years at beverage alcohol company Diageo as senior brand manager.

As part of his role in OPAP he will be maintain their retail network as well as “exploring and leveraging growth opportunities for the company and partners” – which is in line with the company's "Fast Forward" business strategy.

This follows the company announcing their growth across sports betting and online casino operations, along with a year-on-year increase in revenue and net profit during the third quarter of 2021.

Earlier this week OPAP agreed to a partnership with the Hellenic Basketball Federation (EEC).

This followed the news of Allwyn Entertainment, the lottery giant that recently rebranded from Sazka Entertainment, increasing its stake in OPAP to 48.1% last month.