Tag Archives: argentina

Argentina PRO secures Buenos Aires gambling restructure

As anticipated the Executive of Buenos Aires has approved Budget Plan 2019 directives 142 and 143 sanctioning significant changes to the province’s operational gambling framework. On Tuesday, district leaders voted in favour of BA Governor Maria Eugenia Vidal’s 2019 proposals, introducing a new 2% tax charge on player winnings from land-based casino, arcade and bingo operators. Governor Vidal secures a ‘major victory’, …

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All eyes on wounded Grupo Codere

European business analysts are monitoring the movements of Bolsa Madrid gambling firm Grupo Codere SA closely, as the embattled company faces multiple obstacles in its corporate recovery. Following the publication of its Q3 2018 trading update (13 Nov) in which the company posted year-to-date net losses of €55 million, Codere has witnessed its share price collapse from €6.20 to €2.85 …

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Codere crushed by Argentine Peso collapse losses

Bolsa Madrid-listed gambling operator Grupo Codere SA cannot escape the Argentine Peso collapse as the company records continued declines across its 2018 corporate metrics and KPIs. The reality of 100% Argentine Peso decline against the Euro, has seen Codere undertake a number of adjustments within its biggest operating market. Publishing its Q3 2018 trading update, Codere reports a group net …

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Buenos Aires Governor calls for a review of online gambling

The Senate for Buenos Aires, Argentina’s largest province is reported to be reviewing legalising online gambling activities. The first set of proposals attached to Buenos Aires 2019 Budget has been put forward by BA Governor Maria Eugenia Vidal, seeking to revamp the province’s legislative gambling framework. Argentine news sources report that BA’s governing Argentina PRO party (centrist-right) seeks to issue …

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Codere hurt by Argentine Peso collapse

The plunging Argentine Peso has impacted the performance of Bolsa Madrid gambling firm Grupo Codere, which has reported exchange rate losses of €22.5 million, publishing its 2018 interim results (period ending 30 June). Updating investors, Codere governance details that corporate performance has had to adjust to Argentina’s ongoing monetary crisis, which has seen the ARG Peso decline almost 50% against …

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The World Cup’s Finest with Kambi’s Jonathon Hurst

In The World Cup’s Finest we ask various individuals to delve into their own personal history of football’s quadrennial showpiece extravaganza, selecting a number of favourites as well as revealing what is their very first World Cup memory. Leading The World Cup’s finest into the final three is Jonathon Hurst, Kambi’s Head of Live Football, who reveals a soft spot …

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The World Cup’s Finest with Vermantia’s Peter Woodfine

In The World Cup’s Finest we ask various individuals to delve into their own personal history of football’s quadrennial showpiece extravaganza, selecting a number of favourites as well as revealing what is their very first World Cup memory. Peter Woodfine, Business Development Director at Vermantia, is the latest to join the growing ranks of The World Cup’s Finest alumni, as …

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The World Cup’s Finest with Sirplay CEO Bart Esposito

In The World Cup’s Finest we ask various individuals to delve into their own personal history of football’s quadrennial showpiece extravaganza, selecting a number of favourites as well as revealing what is their very first World Cup memory. As we enter the final World Cup week of the summer, Bart Esposito, Sirplay CEO, takes to The World Cup’s Finest hot …

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The World Cup’s Finest with GiG’s Director of Sports Endre Nesset

In The World Cup’s Finest we ask various individuals to delve into their own personal history of football’s quadrennial showpiece extravaganza, selecting a number of favourites as well as revealing what is their very first World Cup memory. Today’s entry from Endre Nesset, Director of Sports at Gaming Innovation Group, delves into the history of numerous World Cup’s of yesteryear, …

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Metric Gaming – Pricing up the World Cup

Copyright: donfiore / 123RF Stock Photo

Chris Taylor, Head of Football at Metric Gaming, looks at the challenges sportsbook traders face during major tournaments, such as the World Cup. The World Cup has delivered a run of surprise results to date; Argentina, Spain, Portugal and reigning champions Germany have all been eliminated. And perhaps the biggest shock of all – England beat Colombia in a 4-3 …

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