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Business
May 6, 2021
Codere Founding Family Demands €900M from US Investors
The plot around Spanish gaming operator Codere thickened after a demand by the company’s founding family to have their minority stake be acquired by the firm’s US investors as compensation. Justifiable Compensation The Martinez Sampedro family appealed to the National Securities Market Commission in Spain to demand from the regulator to impose on the remaining […]
Industry
May 6, 2021
Online Gambling Market in Spain Marks Growth in 2020
BtoBet’s most recent report reveals the growth of the online gambling market in Spain. In 2020, the market generated €850.7 million in GGR, marking an increase of 13.7%. A New Report Provides Insight on GGR for 2020 in Spain In 2020, Spain’s online gambling market generated €850.7 million in gross gaming revenue (GGR), according to […]
Business
April 28, 2021
Codere’s Financial Struggles Continue, Moody’s Turns Less Optimistic
Even before the COVID-19 pandemic, it seemed that Spanish casino and gaming operator Codere was in a great position. As much as it worked to grow its global footprint, though, there were signs of financial difficulty that couldn’t ignored. The coronavirus exacerbated the situation and began to work with its creditors in order to find […]
Business
April 20, 2021
Habanero Is Now Available in Spain Thanks to 888casino Deal
Habanero, a developer of premium slots and table games, announced its latest partnership with iGaming heavyweight 888casino granting the supplier direct access to the Spanish market. Habanero and 888casino Sign an Agreement The agreement comes after the provider’s launch in Italy with 888casino earlier this year, with players from both countries now able to experience a range […]
Legal
April 19, 2021
Sportium Acquires Marca Apuestas
Sportium has taken ownership of Unidad Editorial’s gambling division, Marca Apuestas, and has also incorporated Sportium Chief Executive Alberto Eljarrat and CIRSA Digital Director Mikel Lopez de Torre in the business. Unidad Editorial’s Acquisition and Executive Leadership’s Reshuffling Sportium, which is owned by gambling multinational Cirsa Gaming Corporation, has taken control of Unidad Editorial’s gambling […]
Business
April 16, 2021
Emara Play Is Kalamba Games’ First Venture into Spain and Latin America
Emara Play’s operator partners will soon have access to Kalamba Games’ huge array of slot titles, which come with signature features to improve acquisition, participation, retention, and monetization. This is possible through an integration of Bullseye, Kalamba’s Remote Gaming Server (RGS). Emara Play Will Soon Be Able to Access Kalamba Games Titles. Kalamba offers some […]
Business
April 1, 2021
Emara Play Helps Habanero Expand in Spanish, LatAm Markets
Habanero has signed up a partnership with Emara Play, helping the game developer strengthen its European and Latin American markets. Emara Play to Boost Habanero’s Presence in LatAm, Europe Premium developer of slot games Habanero has teamed up with Emara Play, an aggregator platform focused on Spanish-speaking and Latin American markets. This alliance will allow Habanero to seek […]
Casino
April 1, 2021
No, Real Madrid’s Santiago Bernabéu Stadium is Not Getting a Casino
The Santiago Bernabéu Stadium in Madrid, Spain, home to the four-time FIFA World Cup champion Real Madrid soccer team, is currently getting a massive facelift. $800 million is being invested in renovating and updating the 74-year-old icon, and reports began surfacing last week that the new facilities might include a casino and possibly other gambling options when the upgrade is completed. […]
Industry
March 31, 2021
Spanish Gambling Revenue Posts 13.8% Increase in 2020
Sports betting had the biggest share with regards to Spain’s total gross gaming revenue (GGR) with €365.14 million out of €850.78 million, despite its annual decrease of 7.1%. Gambling Consumption Increases During the Pandemic Spain’s gross gaming revenue (GGR) for 2020 amounts to €850.78 million ($998 million), up 13.7% year-over-year, according to the latest report […]
Legal
March 30, 2021
Spain’s Ministry of Consumer Affairs Warns of Gambling Tax Reform
Spain’s Minister of Consumer Affairs has made public the ministry’s plans to introduce changes to the country’s taxation on gambling and sports betting operators. Ministry to Tackle Challenges of Brick-And-Mortar Venues Alberto Garzón, Spain’s Minister of Consumer Affairs, shared his department’s plans to revise the taxation of gambling and sports betting operators across the country […]