Embattled Spanish gambling group Codere SA has published its Q3 2020 earnings report, revealing that its year-to-date corporate net losses currently stand at €240 million. The Bolsa Madrid gambling firm continues to absorb COVID-19 impacts following a staggered reopening to its South American gambling venues, combined with severe LATAM currency fluctuations against the US dollar. Despite reopening its European (Spain …
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Digitain has set about providing the ‘world’s sportsbook’ to operators in Europe, America, Africa and Asia, regardless of the size or relative maturity of the regional markets. It is perhaps best known for its work in ‘developing’ markets, where the challenges are quite different to years gone by. Feliciana Cannillo, Deputy CEO at Digitain, explains why times of porting – …
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Following 2020’s disrupted proceedings, leadership eyes have turned to 2021 to see whether LatAm governments will finally deliver on their regulated market agendas for sports betting. As part of an evening deep dive on LatAm’s regulatory roadmap and political developments Kristal Rovira, Research Director of Americas for VIXIO, asked the panel whether any legislative progress has been achieved during 2020. …
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Virtual sports and betting technologies provider Golden Race has signed a new partnership with Peru-based horse and greyhound racing operator Universal Soft. Thanks to this deal, Golden Race will have its all-in-one solution integrated with Universal Soft betting shops and online platforms. The Golden Race all-in-one solution, made available through a single API, combines the company’s virtual sports collection with …
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Spanish multinational gambling group Codere has sealed a deal with Solitics to improve its management of data and create a more personalised experience for its players. Codere confirmed that Solitics has integrated its real-time data management and automation platform into Codere’s sport betting and casino operations in Europe and Latin America (LatAm). Moshe Edree, COO for Codere’s digital division, said: …
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Daily fantasy sports (DFS) operator Sportito has launched its services for the Brazilian market, just four months after launching in India. Brazil becomes the third country – after the UK and India – to offer the Sportito DFS platform, and the firm’s first LatAm market launch. Launching in Brazil, the Sportito platform will cover international and domestic soccer contests, as well as basketball, …
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Bolsa Madrid gambling group Codere SA will launch an investigation into the auditing of its Latin American business unit, as the firm admits to inconsistencies published in its year-to-date financial reporting. Communicated through Spain’s CNMV market authority Codere governance confirms that it will review the auditing of its entire LATAM unit, following ‘overstated accounts’ reported by a number of its …
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Christian Maglia recently moved from WeAreCasino to become Chief Commercial Officer of Magellan Robotech, the B2B division of Stanleybet Group, and SBC News caught up with him to find out about his new role and plans to grow the business. Maglia is also set to speak at Betting on Sports 2019, the leading international event for the sports betting and …
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Legacy South American online bookmaker Betmotion has confirmed the successful migration of its online gambling verticals onto a new ‘mobile-first’ omni-channel platform powered by Patagonia Entertainment. Operating since 2009, Betmotion reveals that it has chosen Patagonia platform provisions to revamp its LATAM profile, delivering a seamless and adaptable operating system supporting multi-market expansion initiatives. Updating stakeholders, Betmotion’s COO Luis Traversa …
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It is widely acknowledged that France is a tough market to operate in, but as Sportnco CEO and founder Hervé Schlosser explains, it is possible to be successful there with the right approach. He explains how his company has become the leading sports betting solutions provider in the country and how this experience is helping his group grow in Spain, …
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