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Business
January 12, 2022
Codere’s Operations in Argentina Could be the First to be Sold
It’s been over a month since shareholders took control of Spanish gaming operator Codere and warned that asset sales would be coming. Now, the first group of assets is on the chopping block, with the shareholders possibly looking to sell Codere’s stakes in Argentina. This is part of a plan by the group to assist […]
Business
January 3, 2022
iGaming brand Greenplay Purchased by Vita Media Group
Vita Media Group recently acquired iGaming company Greenplay from the Spanish group Codere Online Management Services. Vita Media plans to increase its market share in Latin America and Europe by incorporating the casino brand into OMG Affiliates, the seventh company to join this unit. Terms of the acquisition have not been revealed. Vita Media Extends […]
Business
December 15, 2021
Codere to Sell Assets, Requests Stock Trading Suspension
The National Securities Exchange Commission of Spain announced it would grant a request from Group Codere SA to suspend its stock from trading as the company begins to dissolve its assets. Taken Down from Public Trading Spain’s securities trading regulator Comisión Nacional del Mercado de Valores (CNMV), acting on an official request from Group Codere, […]
Business
November 29, 2021
Codere Joins Initiative to Raise Awareness of Gender Violence
international charities that work towards ending violence against women. Coinciding with the International Day for the Elimination of Violence Against Women, the Spain-based gaming company announced it is joining the Red Bench campaign at all of its offices. Codere Joins Red Bench Codere, which recently completed a massive change in ownership, has chosen the slogan […]
Business
November 22, 2021
Codere Shareholders Take Control of the Gaming Company
The April debt-for-equity agreement at Codere that sees the business transfer to Codere New Topco SA has been completed. A holding company in which bondholders hold a 95% share, Codere New Topco SA is now the new owner. Although the previous owners retained a 5% interest, they can receive up to 15% from any potential […]
Business
November 11, 2021
Codere Shares Its Operating Results for Q3 of 2021, Shows Signs of Recovery
Codere, a Spanish gaming company, reports massive revenue growth in Q3 of 2021 and its restructuring deal through which creditors will take control is set to be finalized on November 19. The agreement on debt-for-equity was scheduled to be completed on November 5, but it was pushed back by 14 days. The Revenue of Codere […]
Sports
October 15, 2021
Codere Extended Latin America-Focused Deal with Real Madrid
An existing partnership deal between a Spanish-based gaming operator with a significant presence in Latin America and LaLiga soccer powerhouse has been extended to cover five more years. Affirming Latin America Presence Multinational gaming company Codere announced its Latin America-focused sponsorship agreement with Real Madrid CF has been extended throughout June 2026. Codere and the […]
Sports
July 28, 2021
Codere Boosts Its LatAm Presence By Teaming up with Club Atlético River Plate
Codere has signed a prominent agreement with Club Atlético River Plate, strengthening its presence in the Latin American market. Codere Teams up With Atlético River Plate Codere Group has signed a four-year agreement with Club Atlético River Plate in Argentina, becoming the team’s official betting partner, to gain more visibility in the Latin American market. […]
Industry
July 13, 2021
Codere Becomes Main Sponsor for Mexico’s Monterrey Rayados
Monterrey Rayados, a Mexican soccer powerhouse, has partnered up with Codere, which will become the team’s official sponsor through 2024/25. Codere Deepens Mexican Sports Presence Codere continues to build up its ties with soccer clubs around the world. After rival Sportsbet.io signed a fresh partnership with Brazilian powerhouse Sao Paulo FC, the international gaming operator […]
Industry
June 23, 2021
Codere Online Merges with DD3 SPAC to Go Public
Codere Online, an online gambling subsidiary to the Spanish gambling company Codere Group, has signed a merger with Nasdaq-listed SPAC DD3 Acquisition Corp, hoping to get a $350 million valuation. Codere Online Merges with Nasdaq-listed SPAC DD3 Nasdaq-listed special purpose acquisition company (SPAC) DD3 Acquisition Corp has signed a merger with Codere Online, an online […]