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OPAP reported gross gaming revenue (GGR) of €2,407.9 million for the full year 2025, marking a 4.9% increase compared with the previous year and setting a new record for the Greek gaming operator. The milestone was largely supported by continued expansion in online gaming alongside solid performance from the company’s retail operations. However, a significant increase in operating expenses during the year placed pressure on profitability, reducing EBITDA margins and slightly