Nueva Codere lauds its business transformation as its European and Latin American units continue to bounce back from the pandemic, as the group recorded “a strong recovery” in its Q3 results. The bounceback, Nueva Codere explained, was largely driven by the increase in footfall across its land-based gambling venues, which had previously remained closed due to the pandemic. The company, …
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Codere Online has cited progress on its LatAm market initiatives, led by the acceleration of its Mexican market presence. Completing its second quarter on the US Nadaq, Codere Online has registered Q2 net gaming revenues (NGR) of €29m, up 41% on comparative 2021 results of €21m. Headline growth was attributed to its Mexican unit recording a period NGR of €12m, …
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Latin America sportsbook Codere Online has significantly expanded its brand coverage in Mexico, becoming the headline sponsor of ‘Box Azteca’ – the flagship boxing show of TV Azteca. The sponsorship will see Codere Online promoted across all televised Box Azteca fight nights, broadcast across Mexico every Saturday from 11pm on the Azteca 7 channel. Codere Online has branded the sponsorship …
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As part of its “#CodereConEllas” campaign, Spanish-market facing operator Codere Online has announced a $300,000 investment into women’s football. Specifically donating the funds into women’s football in Mexico, the Spain and Latin America-focused company will direct the money into the ‘She Wins’ NGO. An organisation which aims to empower women through sports and education, She Wins stated that it shares …
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Codere Online has launched ‘The Next Big Move Is Yours’, its first marketing campaign targeting players of Buenos Aires new online gambling regime Promoting its sports betting and online casino offering in the City of Buenos Aires, the campaign will begin broadcasting throughout the rest of the year and will promote six spots related to Codere’s gaming products. Developed by …
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Flutter Entertainment has named Deloitte as the auditor for its Paddy Power and Betfair sportsbook brands, according to a report from The Times. Deloitte replaces KPMG – one of its rivals in the ‘Big Four’ auditing firms alongside PwC and EY– as Flutter’s auditor partner, ending a 20 year business relationship. By entering into the agreement with Flutter, Deloitte has …
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Racetracks in the city and province of Buenos Aires will now be able to grant betting licences, following permission from regional regulatory authorities. A new update on the regulation of the province’s horse racing agencies from the Provincial Institute of Lotteries and Casinos (IPLyC) – the local regulator – and published in the provincial Official Gazette, confirmed the development. As …
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bet365 has laid a further marker for its ongoing South American expansion, as this week sees the official launch of its dedicated online gambling domain in Buenos Aires – www.bet365.bet.ar. The UK’s leading online bookmaker has secured dual BA licenses granted by the Provincial Institute of Lottery and Casinos (IPLyC) and city regulator Loteria de la Ciudad (LOTBA). As a …
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The third quarter of 2021 saw further regulatory developments across Europe, and one of the year’s biggest M&A saga’s concluded as 888 Holdings finalised the terms of its William Hill acquisition. Sportradar, the Swiss sports data and technology company, successfully completed its public listing on the US Nasdaq stock exchange in September, with some assistance from basketball legend Michael Jordan. …
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Codere Online has confirmed that it will offer its web-based sports betting and casino products in Buenos Aires after receiving a licence from the city’s gambling regulator. Under the terms of a five-year licence approved by the Lotería de la Ciudad de Buenos Aires (LOTBA), Codere Online will be able to provide online gambling services via computer, tablet and mobile …
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