Tag Archives: mexico

BetMotion migrates to AGS platform for better localised South American provisions

Leading South American and LATAM sports betting operator BetMotion (BetMotion.com) has announced that it will migrate its betting and gaming services onto AutoGameSYS (AGS) stand-out platform. Seeking to grow its operations within its core markets of Argentina, Brazil, Chile and Mexico, BetMotion expects to transition onto the AGS powered platform by the second quarter of 2017. Detailing the platform switch, …

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Group efficiency strategy pays off for Grupo Cirsa in 2016

Publishing its full-year 2016 results, Spanish gambling group Grupo Cirsa (Cirsa) has declared its ‘best year in business’, as the company benefits from the growth of its home market assets and Latin America operations. Detailing its FY 2016 financial breakdown, Cirsa would report flat-line group revenues of €1.6 billion. However, the company would benefit from its ‘group efficiency strategy’ which …

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Codere eyes Mexican expansion purchasing Grupo Caliente outright

Spanish listed gambling operator Grupo Codere continues its international expansion, informing the market that it has moved to acquire all shares in Mexican joint venture Grupo Caliente MX. Updating investors, Codere governance details that it will purchase all Caliente assets outright, by acquiring the remaining 32.7% of company shares for a reported $26 million ($22 million in cash). The Spanish …

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Kick off…Facebook signs live content partnership with MLS & Univision

Social media giant Facebook Inc has furthered its presence within sports, by agreeing a live streaming content partnership with Major League Soccer (MLS) and Spanish-language American broadcaster Univision Deportes. This weekend, Facebook executives confirmed that 22 live matches would be streamed ‘in-English’ on Univision Deportes Facebook page. Univision will support the Facebook streams by providing English commentary and ‘unique Facebook’ …

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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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Caliente launches Digital Sports Tech product in Latin America

Caliente - Copyright: wavebreakmediamicro / 123RF Stock Photo

Caliente will become the first operator in Latin America to launch Player Props, the player proposition betting product from Digital Sports Tech. This follows the recent successful integration with Coral in the UK and Europe, and with MadBookie in Australia. Ladbrokes Australia will also launch Player Props in early 2017. Caliente, the largest sportsbook in Mexico, will be launching the …

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Kambi enters Mexico with Apuestas Internacionales multi-channel services agreement

Stockholm Nasdaq-listed betting technology and platform provider Kambi Group (Kambi) has expanded into the Mexican gambling market by announcing that it has secured a partnership with Apuestas Internacionales, S.A. to provide multi-channel provisions for its PlayCity subsidiary. Agreeing terms with Apuestas Internacionales, Kambi will become the exclusive supplier of betting solutions to 17 syndicated PlayCity casinos, and provide online betting …

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Paddy Power counts the costs of its early Clinton payout

Paddy Power has suffered its biggest ever political payout, after being hit for over $4.5 million by customers who backed Donald Trump to become the 45th US President. The Irish bookmaker is counting the costs of its decision to pay out £800,000 on a Hillary Clinton victory back in October. Aided by the reopened FBI investigation into Clinton’s use of …

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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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SBTech celebrating ‘very strong and successful year’ at Super Show

Sportsbetting supplier SBTech is to showcase its cutting-edge product portfolio at the iGaming Super Show in Amsterdam June 7th – 10th at stand B60. SBTech believes combination of localised offerings, expert legal oversight, versatile tools and expert industry knowledge has positioned it as a ‘world-leading sportsbetting provider’. This is shown be the wide geographical spread of its operating partners, who are based in the …

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