Tag Archives: codere

Codere Apuestas integrates Betradar live channel retail system

Sports data and technology supplier Betradar, have announced Spanish gambling and sports betting operator Codere  as its latest Live Channel Retail partner. Betrader will serve its live streaming solution to Codere’s 100 retail outlets across Spain, Betradar expects to fully integrate its solution with CODERE in the coming months. Betradar’s Live Channel Retail includes a wide range of international media …

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Codere reports €64.6 million in losses for H1 2014

Spanish and Latin American focused gambling operator, Grupo Codere reported operational losses of €64.6 million (£51.4 million) for the first half of 2014. The loses attributed by Codere during the period will be absorbed with the recorded losses of €74.7 million (£60.1 million) for H1 2013 performance. Codere reported company turnover of  €656.6 million (£520.8 million) down 15% on H1 …

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Codere given 48 hour bankruptcy lifeline

Spanish gambling operator Codere SA has been granted a 48 hour extension to solve its corporate debt restructure with creditors, as the operator looks to avoid entering bankruptcy protection. In a meeting between Codere bondholders and senior facility lenders, Codere had been granted a further 48 hours, to its existing May 10 insolvency deadline. Codere SA had been seeking new …

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Codere secures extension to restructure debt holdings.

Embattled Spanish listed gambling operator Codere SA, has been granted an extension to negotiate its €1.1 billion debt (£935 million). Codere pleaded to Spanish government courts that the operator needed more time in order to restructure its debt bonds in order to avoid creditor insolvency. Codere SA have been granted a ten day extension to prove its debt strategy  by …

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