Tag Archives: ‘Nueva Codere‘

The US Securities and Exchange Commission (SEC) has been informed by Nueva Codere of a cyberattack to its subsidiary Codere Online, resulting in losses of €744,000.  The admission to the SEC outlined ‘weaknesses in internal controls’, which allowed hackers to access Codere Online’s email systems. The cyberattack saw hackers pose as ‘Codere Online agents’, who sent ‘manipulated invoices’ to various …

Nueva Codere lauds its business transformation as its European and Latin American units continue to bounce back from the pandemic, as the group recorded “a strong recovery” in its Q3 results. The bounceback, Nueva Codere explained, was largely driven by the increase in footfall across its land-based gambling venues, which had previously remained closed due to the pandemic. The company, …

Nueva Codere has announced a partnership with Salesforce, targeting an enhanced relationship with its B2B and B2C customer base.  In pursuit of this objective, part of its commercial transformation strategy, the Spain-based multinational gambling operator will leverage Salesfroce’s ‘Marketing Cloud’ module. The ‘Marketing Cloud’ module functions as a mulit-channel CRM solution for stronger KYC, with Codere stating that the tool …

Nueva Codere has declared that it is on course to match its ‘pre-pandemic’ financial performance as the Spanish and LatAm gambling group begins to benefit from its corporate restructuring.  Trading in its new identity, following its delisting from the Madrid Bolsa and the demerger of the Codere Online unit – Nueva Codere has announced that it has achieved corporate revenues …

Codere SA has published a performance update on Q4 2021 trading activities – a period that saw the Spanish gambling group delist from the Bolsa Madrid exchange to comply with bondholders’ orders. During Q4 trading, Codere registered corporate revenues of €291m, a  result that saw the company match 85% of like-for-like revenues achieved during Q4 2019  prior to its business …

XLMedia (XLM) expects 2021 to be a year of successful trading ahead of the publishing of its trading results for the 12 months ending 31 December, driven by several sports acquisitions and partnerships.  Overall, the digital performance publishing group expects full year results to be ‘in line with expectations’ with revenue of $66.6 million (2020: $54.8 million) and adjusted EBITDA …

XLMedia will initiate a recruitment process for a new Non-Executive Chairman, as Christopher Bell withdraws from the position to join ‘Nueva Codere‘, the business identity of Grupo Codere SA. During his nearly eight years as Chair of XLMedia, Bell oversaw the group’s IPO on the London AIM in 2014 as well as ‘a number of successful strategic acquisitions’ – the firm …