Tag Archives: codere

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 …

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 …

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 …

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 …

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 …

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 …

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, …

The board of ‘Nueva Codere‘, the business identity of Grupo Codere SA under the ownership of bondholders, has nominated Christopher Bell to serve as new Non-Executive Chairman.  The candidacy will be subject to the approval of the shareholders’ general meeting of Nueva Codere scheduled for 7 February. The meeting will aim to resolve the ‘construction of a new board that will …

The break-up of Grupo Codere SA has begun, as debt-holders of the former Bolsa Madrid gambling group are reported to have contacted PE funds and interested parties with a view to selling the firm’s Argentine unit.  Sources close to bondholders disclosed to El Pais that Codere’s break-up would begin with a planned sell-off of its Argentine bingo and arcade business. …

Spain’s National Securities Exchange Commission (CNMV) has been forced to suspend the listing of Grupo Codere SA shares on the Bolsa Madrid Exchange.  The exchange regulator informed that its decision was taken, following an extraordinary meeting of shareholders that approved for Codere to begin a settlement process for the company to be dissolved. As a result, the CNMV has been …