Tag Archives: codere

Codere integrates SIS racing streams

Racing content and data supplier Sports Information Services (SIS) has expanded its European footprint, by agreeing on a five-year deal with Spanish gambling operator Grupo Codere to upgrade in-store racing streaming services. As part of the agreement, SIS will supply live pictures, commentary and data for horseracing and greyhounds across the operator’s entire retail estate. SIS’ new international service has …

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Codere serves up Real Madrid ‘BBQ’

Spanish gambling operator Grupo Codere has launched its new Spain-wide marketing campaign ‘BBQ’ featuring Real Madrid stars Marco Asensio, Karim Benzema, Mateo Kovacic and Carlos Casemiro. The campaign promoting Codere Apuestas (Codere.com) products was launched on Spanish TV networks last week ahead of the UEFA European Super Cup Final between Real Madrid Vs Manchester United. The campaign features the tagline …

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Betgenius secures Grupo Codere global trading partnership

Genius Sports betting subsidiary technology Betgenius, continues to expand its industry footprint confirming that it has secured an agreement with Spanish legacy gambling operator Grupo Codere which will see it become the lead provider of pre-match and in-play trading provisions. Securing partnership terms, Betgenius will act as preferred provider of Codere trading markets for both its retail and online betting assets. …

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Northern Spain ambitions see Codere revamp Basque Pelota

Spanish sports betting operator Codere Apuestas (Codere) will fund the creation of a new Basque Pelota player league ranking with the help of the sport’s governing body Liga de Empresas de Pelota a Mano (LEPM). The new system named ‘Ranking LEPM Codere’, for the first time will classify the performance of Basque Pelota players competing in the ‘Aspe Pelota’ y ‘Asegarce Pelota’ …

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Codere launches Mexican property Codere.mx

Spanish gambling operator Grupo Codere (Codere) has launched its dedicated Mexican sports betting website Codere.mx, as the restructured operator continues to expand its services within Latin America. Through its strategic partnership with leisure operator Grupo Caliente, Codere is Mexico’s biggest gambling operator servicing 84 gaming establishments. Furthermore, the gambling group has a reported 70 betting points within the provinces of …

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Codere ups Italian presence by acquiring 51% stake in Nori Games

Spanish gambling operator Grupo Codere (Codere) has acquired a 51% stake in Italian gaming machines supplier Nori Games Services SRL through its Italian business subsidiary ‘Codere Italia’. Seeking to increase its presence within the Italian gambling market, Codere acquires its majority stake in Nori Games from the Cimmino family for an undisclosed sum. At present, Nori Games holds a portfolio …

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Grupo Codere launches new platform & website for Codere.es

Spanish gambling group Grupo Codere has announced the launch of its new platform for its online sportsbook and casino verticals, hosted under its Codere.es brand. The platform launch has been additionally supported by a new fully responsive website launched last week. Optimising its sportsbook offering Codere.es will feature more in-play betting markets, faster website loading times and better user functionality …

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South & Latin American declines hurt Codere recovery

The recovery of embattled Spanish gambling operator Grupo Codere (Codere) has been gravely impacted by the depreciation of South/Latin American currencies against the € currency. Presenting its H1 2016 results (period ending 30 June), Codere who restructured its €1,1 billion debt under UK High Courts in January would record group operating losses of €7.8 million (H1 2015: €65 million). Despite …

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Codere in ‘conflict of interest’ lawsuit following Martinez Sampedro share dilution

Embattled Spanish gambling operator Grupo Codere has been issued a lawsuit by ‘former Codere shareholders’ regarding its April share capital disbursement which saw the controlling Martinez Sampedro family reduce its corporate equity to 2%. The share dilution which aimed to raise + €450 million in capital in order to ease the company’s + €1 billion debt with existing creditors is …

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Martinez Sampedro family dilutes Codere SA stake to 2% following share capital disbursement

Embattled Spanish gambling operator Grupo Codere SA (Codere) has issued a new share capital increase valued at circa €494 million (£400 million). Executing its share issue with Spain’s National Securities Market, Codere will approximately release 2.47 billion shares at a value of € 0.20c (per share). Codere’s share distribution will be primarily used to offset its current + €1 billion …

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