British sports betting operator Stanleybet has threatened to sue Greece for lost revenue in a long-running legal battle over their gambling monopoly firm OPAP. Stanleybet accuses Greece of tacitly rejecting its 2004 request to offer sports betting in the country and said on Wednesday it had told the government and OPAP it will seek damages of about 240 million euros. OPAP, one of Europe’s biggest gaming companies, has a monopoly in offline sports betting and lotteries in Greece until 2030. Athens agreed earlier this month to sell a controlling stake and management rights in OPAP to Greek-Czech investment fund Emma…

From Fox Business News Greece’s government Wednesday accepted a 652 million euro ($860.3 million) bid for the state gambling company OPAP SA (GRKZF, OPAP.AT), marking the first significant asset sale in the country’s long-delayed privatization program. In a statement, Greece’s privatization agency said that a Czech-led private equity consortium, Emma Delta, had won the bid for the acquisition of a 33% stake of OPAP, after improving its earlier bid by EUR30 million to meet the government’s minimum target price. Greece will also retain 2012 dividends from the company, equal to EUR60 million, bringing the total bid up to EUR712 million,…