Tag Archives: uruguay

Codere secures €36m credit line to fund Mexican outlook

A filing placed with Spain’s CNMV capital markets commission has revealed that Codere SA has secured terms on two corporate credit lines, obtaining approximately €36 million in working capital to help the Bolsa Madrid gambling group maintain its Mexico and Uruguay business subsidiaries. The transaction sees Codere governance expand the volume of its existing €90 million revolving credit facility, of …

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Dire Q3 sees Codere declare group losses of €30 million

Publishing its Q3 trading statement, Bolsa Madrid gambling group Codere SA records performance declines across all key operating markets, impacting the firm’s corporate recovery. Reporting declines across all South American territories (except Uruguay) and a stagnating performance in its home market of Spain, Codere posts a 3.6% decline in group revenue to €343 million (Q32018: €356m). Despite reducing its exposure …

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NBA nets first LATAM betting partnership with Supermatch Uruguay

US Basketball’s NBA has moved to strengthen its Latin American profile,  confirming it has secured a multi-year partnership with Uruguay-licensed gambling operator La Banca’s ‘Supermatch’ sportsbook property, which becomes the first ‘official gaming partner‘ of the NBA for Latin America. The new partnership will be promoted across the 6,000 Supermatch Uruguayan retail betting points, with the sportsbook brand further securing exclusive coverage on …

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BetVictor’s Million Pound Bet scooped by 17,042/1 shot

Copyright: mkos83 / 123RF Stock Photo

Online gaming organisation BetVictor has concluded its World Cup Million Pound Bet campaign, which has seen one unnamed lucky punter land a bet with odds of 17,042/1 to come out on top. Rewarding the customer with the largest winning bet with the biggest odds across any World Cup market, the triumphant customer, who requested to remain anonymous, placed the winning …

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The World Cup’s Finest with Marathonbet’s Joe Lovelace

In The World Cup’s Finest we ask various individuals to delve into their own personal history of football’s quadrennial showpiece extravaganza, selecting a number of favourites as well as revealing what is their very first World Cup memory. Today’s bumper issue comes courtesy of Joe Lovelace, Head of PR at Marathonbet, who goes very left-field when addressing a favourite World …

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The World Cup’s Finest with Pinnacle’s Benjamin Cronin

In The World Cup’s Finest we ask various individuals to delve into their own personal history of football’s quadrennial showpiece extravaganza, selecting a number of favourites as well as revealing what is their very first World Cup memory. Relive the 1998-2010 World Cup era with Pinnacle’s Content and Social Media Manager Benjamin Cronin, who goes on a journey from his …

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SBC’s guide to the World Cup group stage

The much anticipated Russian World Cup kicks off imminently, opening the floodgates to a plethora of group stage football. The Luzhniki Stadium in Moscow will host what’s sure to be a spectacular opening ceremony, raising the curtain to a feast of football, as 32 nations battle for a place in the coveted knockout stages of football’s showpiece event. The tournament kicks off …

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Power of football utilised to drive Sportradar CSR initiative

Sportradar have partnered with streetfootballworld, an organisation utilising the power of football to change the world for good, in a bid to pool motivation and expertise to drive social change through a mutual passion of football. In line with a commitment to enhance its global corporate social responsibility (CSR), as well as corporate citizenship, Sportradar is to engage its offices …

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Russia 2018: Digesting the draw

As Friday’s draw concluded and the World Cup began to take shape, fans were left pondering a mouthwatering clash between Spain and Portugal, renewed optimism in the Three Lions and a slightly surreal tournament opener.   Gareth Southgate’s England were handed a favourable start to the tournament, taking on Tunisia and World Cup debutants Panama in the opening two games. …

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Jesper Kärrbrink – Mr Green – An entertainment focus for Sportsbook 2.0 development

Mr Green

In June of last year, Mr Green launched its Kambi-powered sportsbook product in time for UEFA Euro 2016. Less than a year on, we caught up with the company’s CEO Jesper Kärrbrink, a speaker at the recent Betting on Football conference, to discuss operational challenges of the launch, balancing the revenue potential of the sportsbook with increased associated costs, and a newly …

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