Sokratis Kokkalis

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Σωκράτης Κόκκαλης
(Sokratis Kokkalis)
Born (1939-05-27) May 27, 1939 (age 75).
Athens, Greece
Nationality Greek Greek
Alma mater Athens University, University of Tübingen
Occupation Chairman of Intralot
Owner of Intracom Holdings
Years active 1976–
Net worth Decrease US$ 1.6 billion (2013)

Sokratis Kokkalis (Greek: Σωκράτης Κόκκαλης) (born 27 May 1939) is a Greek businessman.


Kokkalis is the Chairman, CEO and majority shareholder of Intracom Holdings, one of the largest multinational technology groups in Southern Europe[citation needed], and the Chairman and majority shareholder of Intralot S.A., a gaming technology supplier and licensed lottery operator. He has established and presides over the Kokkalis Foundation, a non-profit organization that "promotes education and training, culture and social welfare, medical research and information technology, and athletics," both in Greece and abroad. He is listed in the Forbes 500 richest people in the world.[citation needed]


Kokkalis was, for 18 years and until 30 December 2010, owner and chairman of the football club Olympiacos in Greece. During his tenure the Piraeus club won 12 top division titles, five Greek Cups, and one Greek Super Cup. It was also during his chairmanship that Olympiakos leased from the Greek state and for a period of 50 years their homeground Karaiskakis Stadium, which was until that time used by Olympiakos and other Piraeus clubs strictly on a rental basis, and undertook a complete rebuilding of the stadium itself.[1]


German authorities' investigations in the Stasi archives found a 350-page report referring to agent "Rocco" ("953/63"). It was alleged that "Rocco" was the code name for Sokratis Kokkalis, allegedly recruited on 25 January 1963.[2] Kokkalis was alleged to have subsequently bribed Greek officials in order for the national telecommunications company of Greece to purchase East German telecommunications equipment.[2][3][4]

However, Kostas Tsimas, a former chief of the Greek intelligence service (EYP) and very close friend of former Greek Prime Minister Andreas Papandreou, stated that Kokkalis is "a Greek patriot", who "worked for Greek national interests in the Balkans and elsewhere".[5]

Kokkalis was also criticized by Greek and international media about his activities in Russia, where his company Intralot had sold lottery equipment, technological know-how and software.[4] However, no formal charges were ever filed for any Intralot representative, and the Russian government expressed its trust in Kokkalis and Intralot.[6]


Socratis Kokkalis was made a John Harvard fellow in 1997, and received awards from The Fulbright Foundation and the American Academy of Achievement for "his leadership in creating educational opportunities and building bridges of cooperation."[7]


  1. ^ "End of an era as Kokkalis retires", Athens News, 8 January 2011
  2. ^ a b Articles in the Greek magazine Anti, January 2002; reproduced by the Cryptome website
  3. ^ Olympiakos soccer chief was 'spy for Stasi', The Independent, 24 February 2002[dead link]
  4. ^ a b "Stasi spy claims hit Greek magnate", BBC News, 20 February 2002
  5. ^ Eleftherotypia, February 26, 2002
  6. ^ "Kokkalis under attack, Athens News, 22 February 2002
  7. ^ Socrates P. Kokkalis biography at Cosmos FM radio station's website

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