Tag Archives: mexico

Codere Online has expanded its sponsorship agreement as the official betting partner of the Monterrey Rayados Football Club. The extended agreement – which originally began in 2021 – will see the operator’s logo remain on the Mexican football team’s kit and other club platforms.  Alberto Telias, Codere Online CMO, stated: “We are happy and proud to extend our relationship with …

The board of Grupo Codere SA states that it is in “advanced negotiations” with existing bondholders to proceed with a “global recapitalization” of the Spanish and LatAm gambling group. Codere confirmed that it had recruited investment bank Houlihan Lokey and law firm Allen & Overy as advisers for its intended recapitalisation program aimed at improving its capital structure and fostering …

The Supreme Court of Justice in Mexico has been compelled to intervene in the tax dispute between the gambling group Codere SA and SHCP, Mexico’s Ministry of Finance and Public Funds. The dispute arises from the SHCP’s demand that Codere, a Spanish gambling group, should pay taxes and surcharges for the year 2008, which the Ministry estimates to be MEX …

The Supreme Court of Justice in Mexico has been compelled to intervene in the tax dispute between the gambling group Codere SA and SHCP, Mexico’s Ministry of Finance and Public Funds. The dispute arises from the SHCP’s demand that Codere, a Spanish gambling group, should pay taxes and surcharges for the year 2008, which the Ministry estimates to be MEX …

Google has informed its app developer community that its app store “Google Play will begin supporting more Real Money Game (RMG) apps this year”, including “game types and operators not currently covered by an existing licensing framework.” Developers were notified via a blog post authored by Karan Gambhir, Google’s Director of Global Trust and Safety Partnerships, titled “A New Approach …

Grupo Codere SA has appointed PKF Attest to serve as the principal auditor of the gambling group in the Spanish and South American markets. The Spanish unit of PKF Attest will replace EY, which in 2023 severed ties with Codere, ending its seven-year tenure as an independent auditor, having overseen audits on consecutive debt refinances needed to maintain Codere’s embattled …

Playtech Plc has issued a further legal update on its ongoing service fee dispute with its Mexican joint-venture partner, Caliplay. Updating investors, the FTSE250 gambling technology group responded to a Mexican court order filed by Caliplay on 5 October, which sought the “annulment of its legal relationship with Playtech and its related parties.” Playtech states that it has “accepted service …

Grupo Codere continues its senior management reorganisation by appointing Agustin Gonzalez as new Director of Technology and Digitalisation of the Spanish and LatAm gambling group. Working directly with new Chief Executive Gonzaga Higuero, Gonzalez will spearhead the omni-channel digitisation projects for Codere across all core markets. Branded a ‘seasoned tech strategist and transformation expert’, Gonzalez joins Codere’s executive team having …

Shadows are cast on the future of Mexican online gambling brand Caliente.MX, as joint-venture partners Playtech and Caliplay  continue their legal dispute.  This afternoon, Caliplay SA, the online subsidiary of Mexican casino operator, Grupo Caliente, announced that it would launch legal proceedings in the Civil Court of Mexico against Playtech. Caliente’s subsidiary seeks “the annulment of its legal relationship with …

M&A speculation mounts in Chile, as Mexican gambling group Logrand Entertainment mulls over acquiring Enjoy SA. As reported by local media, Logrand is monitoring Enjoy developments closely following the Chilean casino group’s failed merger attempt with main market rival Grupo Dreams SA.   Back in April, Chile’s Competition Authority (FNE) intervened on the Enjoy and Dreams merger that would have formed …