Tag Archives: argentina

Martin Demichelis gets £22,058 fine for betting misconduct

Manchester City defender Martin Demichelis has been fined £22,058 and warned over his future conduct after accepting an FA charge of betting misconduct. The Argentina international was found to have breached FA Rule E8, with 29 bets placed on matches between 22nd January and 15th February this year. There is no suspicion of any form of match fixing, and the …

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European casino industry gathers in Berlin for Slot Summit

Leading figures from the European casino industry have gathered in Berlin for the European Slot Summit, to learn about the new technologies and gaming development facing the gaming floor. Around 100 influential organisations are in attendance for the 3-day networking event. The Summit has an impressive speaker line up, which includes first day talks from Lucien Wijsman, Paul Steelman, Dallas …

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Martin Demichelis accepts FA betting misconduct charges

Manchester City and Argentina football international Martin Demichelis, has accepted an FA charge relating to twelve counts betting misconducts. Demichelis (35), is alleged to have committed multiple breaches to FA Rules E8 concerning matches played between January 22-28 of this year. Rule E8 was introduced by the FA during the 2014/15 season, with a view of preventing players, coaches and …

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Codere narrows 2015 losses to €113 million

A restructured Grupo Codere SA (Codere) has detailed that it has cut its 2015 group net losses to €113 million (£88 million), down 34.6% on FY 2014’s €173 million (£135 million). The embattled Spanish gambling operator detailed that it had increased its group revenues to €1.64 billion up 18% on FY 2014’s €1.38 billion. Outlining positive impacts, Codere governance stated …

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SBTech expands in South America with PLE & Spingol

  Industry sports betting software supplier SBTech has signed exclusive agreements to provide two of Latin America’s biggest regulated operators with their award-winning omni-channel sports betting solution. The first will see Promotora Latinoamericana de Entretenimiento (PLE) equipped with the supplier’s innovative retail products through its Mexican licence. Founded in 2005, PLE runs sports betting facilities in land-based casinos, restaurants, bars, …

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Codere continues its struggle with €136 million net income loss

Embattled Spanish casino and sports betting operator Grupo Codere increased its net income losses in the first nine months of 2014 by 36% €136 million (2013 – €93 million). The losses suffered by the operator were driven by increased costs in its debt restructure and its settlement with Italy’s Court of Auditors. In its latest financial report Codere senior management …

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Argentina to review its gambling framework

Argentina’s Asociación de Loterías, Quinielas y Casinos Estatales de Argentina (ALEA), the country’s governing body for gambling and sports betting regulatory matters, is set to prepare the federal framework for legalised statewide gambling and sports betting. The Argentine government who requested ALEA to review current legal policies with regards to online gambling,  are said to want to bring more clarity to …

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50,000 bettingexpert.com users predict quarter final exit for England

England will make it through the Group Stages during this World Cup, but are likely to come a cropper against Brazil in the quarter-finals, according to one of the world’s biggest network of betting experts. Using data from more than 50,000 betting predictions, bettingexpert.com estimates that Italy will win Group D, with England narrowly pipping Uruguay to second place. England …

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