Tag Archives: codere

Nueva Codere recovery outlook bolstered by positive Q1 results

Nueva Codere has declared that it is on course to match its ‘pre-pandemic’ financial performance as the Spanish and LatAm gambling group begins to benefit from its corporate restructuring.  Trading in its new identity, following its delisting from the Madrid Bolsa and the demerger of the Codere Online unit – Nueva Codere has announced that it has achieved corporate revenues …

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OKTO deepens gaming links with ECA partnership

OKTO has secured another partnership in the betting and gaming space, entering into a strategic agreement with the European Casino Association (ECA). The payments provider has outlined a commitment to ‘drive payment innovation and digitalisation’ via the deal with the ECA, which represents 900 casinos across 28 European countries.  Under the terms of the agreement with the ECA, OKTO will …

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Codere backs stable portfolio ahead of further 2022 transformations

Codere SA has published a performance update on Q4 2021 trading activities – a period that saw the Spanish gambling group delist from the Bolsa Madrid exchange to comply with bondholders’ orders. During Q4 trading, Codere registered corporate revenues of €291m, a  result that saw the company match 85% of like-for-like revenues achieved during Q4 2019  prior to its business …

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Winning Post: LatAm… Get local or die tryin

Whilst operators are highly motivated by the commercial opportunity offered by  LatAm jurisdictions as the sector’s next boom markets.  Regulus Partners warns of the perils of not executing a native approach to service ‘new world’ customers… Peru and Chile are likely to be joining Mexico, Colombia, and Argentina (province by province) as major LatAm countries which are offering domestically regulated …

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Julian Wheeler joins SIS to lead technology programmes

Julian Wheeler has been appointed as the Chief Technology Officer of SIS (Sports Information Services), coordinating the technological efforts of its long-term expansion plans. The new appointee will be tasked with leading delivery of SIS’ technology programmes and formulating a single strategy across its Architecture, Broadcast Engineering, IT Infrastructure, Programme Management, Service Delivery and Software Engineering teams. SIS, a multi-channel …

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Julie Markey appointed interim Chair of XLMedia

XLMedia (XLM) has moved to strengthen its senior leadership team following Christopher Bell’s decision to vacate as Chair, appointing Julie Markey in an interim role.  Markey steps into the position of interim Chair from her current role of non-executive Director of the Company and Chair of the remuneration committee, and will assume the responsibilities of the job whilst the company …

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Codere changes leadership to execute new 2022-2026 vision

Vicente Di Loreto has chosen to end his leadership tenure as Chief Executive of Spanish gambling group Codere.  This morning, Nueva Codere – the business identity of Grupo Codere SA under the ownership of bondholders – published a leadership succession plan informing the market that Di Loreto would be replaced by the new leadership duo of Alberto González del Solar …

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Codere moves to implement omni-channel cashless payments

Codere has entered into a partnership with OKTO, as it seeks to incorporate a mobile-first cashless payments offering across its Spanish operations.  The partnership will see the firm’s OKTO Wallet payment app and platform integrated into Codere’s gaming machines throughout Spain, followed by its retail betting outlet holdings. By cooperating with OKTO on the initiative, Codere aims to allow its …

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SIS to equip Betfan with newly launched esoccer product

SIS (Sports Information Services) has entered into its second supply deal of 2022, securing a partnership with Polish operator Betfan. The agreement will see the global racing data and media rights distributor provide Betfan with its newly launched Esoccer Competitive Gaming esports betting product, part of its wider Competitive Gaming suite of platforms.  By incorporating the product, Betfan will offer …

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SIS provides live racing content to Argentina in Codere extension deal

Sports Information Services (SIS), has extended its partnership with Codere to distribute its 24/7 Live Racing Channels to the operator’s Argentine customer base. The multi-channel betting supplier’s existing deal with Codere has provided its racing content to the online operations in Spain and Mexico. Codere’s Argentine online customers will now also have access to SIS’s UK and Irish horse racing, …

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