Tag Archives: madrid

Codere seeks to refresh Madrid arcade scene with BetSlotS joint-venture

Spanish gambling operator Grupo Codere has entered a strategic joint-venture with independent arcade operator Grupo Henares, to launch new gaming hall enterprise ‘BetSlotS’. The joint-venture partnership will see Codere launch eleven new Madrid-based gaming halls operated by Grupo Henares. Launching the enterprise within Madrid’s community, Codere and Grupo Henares detailed that the BetSlotS joint-venture would target a new/fresh clientele to …

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Organic Cirsa fails to escape LATAM currency woes

Presenting its final trading update as an independent enterprise, Spanish gambling operator Grupo Cirsa SA reports progress on its home and LATAM expansion projects, despite its corporate performance being hindered by severe LATAM currency impacts. Reporting strong growth across its Spanish home market properties (Spanish EBIT up 10%), Cirsa reports combined group revenues of €4.17 billion. Nevertheless, Spanish growth could …

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Codere appoints Moshe Edree to lead its global digital vision

Bolsa Madrid, Spanish gambling operator Grupo Codere has confirmed the appointment of Moshe Edree as Chief Operations Officer (COO) for its Digital Gaming division. A 15-year gambling technology executive, Edree will be tasked with developing Codere’s digital vision, as the gambling group seeks to further expand within Spain and build-out its initial digital properties for the markets of Mexico and …

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Codere celebrates decade as a Spanish bookmaker

Bolsa Madrid-listed gambling firm Grupo Codere SA is celebrating its tenth-year as a Spanish market bookmaker. The Spanish legacy gambling firm, took its first sports betting wager on 16 April 2008, placed through a betting point installed within its ‘Bingo Canoe’ Madrid property. Codere, whose initial enterprise services related to bingo and arcade halls, has to date expanded its venue footprint …

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Sampedro family fails to overturn Codere’s new leadership appointments

Madrid’s Commercial Court has rejected the appeal put forward by the Sampedro family, seeking to overturn the appointment of a new executive leadership team at Grupo Codere. The appeal was sanctioned by former Codere CEO & Co-Founder José Antonio Martínez Sampedro, who was accompanied by Luis Javier Martínez Sampedro (former GM of Codere Americas) in seeking to annul the decision …

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Home expansion sees Codere hit +2,500 betting points in Spain

Spanish gambling firm, Grupo Codere has announced that it has surpassed +2,500 betting points operating within its home market of Spain. During the first two months of 2018, Codere has strategically expanded its retail presence in the regions of Andalucía and the Balearic Islands. The Balearic and Andalusian expansions support Codere’s 2017 dedicated betting shop openings in Madrid and Castilla …

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Easy Payment Gateway targets growth with double announcement

Copyright: weerapat / 123RF Stock Photo

Easy Payment Gateway has coincided the opening a brand new office, with an addition to its team. The online payment specialist has opened the doors to its first London office, and appointed former Paysafe Group Business Development Manager Jonathan Gonzalez Rambal as Head of Business Development UK. Jose Peral, Chief Operating Officer at Easy Payment Gateway, said: “We are delighted …

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Ladbrokes backing Catalonian independence should the polls open Sunday

In defiance of the increasingly stern orders from the Spanish government, the campaign for a Catalonian independence referendum continues to gather momentum. Located in the northeast of Spain with a population of 7.5 million and accounting for roughly 20% 0f Spain’s current GDP, the Catalonia province not only has its own language and culture, but it also has a longstanding …

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Easy Payment Gateway targets betting industry expansion following £5.5 million funding round

Digital payment start-up Easy Payment Gateway, a new payment processor targeting aggressive expansion in the online sports betting market has confirmed that it has completed a £5.5 million venture funding round. The ‘simple integration payment API’ specialist detailed that its funding round was led by two seasoned tech investors Andreas Mihalovits and Alejandro Betancourt who believe that Easy Payment Gateway can become …

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Goodboy wins second edition of R. Franco’s Game Weekend

Game Weekend, Recreativos Franco

Goodboy, an educational Christmas game for children, was crowned the winner at the second edition of Recreativos Franco’s Game Weekend. Developed by a group of young people aged 23 to 39, Goodboy is a game where children communicate with Santa Claus, who defines the number of sweets they need to unlock each present. A parents’ management application then displays different …

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