BtoBet Chief Executive Alessandro Fried has stated that his firm’s executive team are monitoring Buenos Aires (Argentina) movements closely. This December, led by BA Governor Maria Eugenia Vidal, Buenos Aires’ executive secured the votes needed to revamp the province’s gambling frameworks, passing legislation that will regulate online gambling services within Argentina’s largest province. Fried welcomes the first initiatives to develop …
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Arriba! SIS ups LATAM profile with Codere racing content
Multi-channel racing content and data services provider Sports Information Services (SIS) enhances its live betting channels, adding Codere Latin American racing content to its program. Updating stakeholders, SIS has agreed a three-year partnership with Bolsa Madrid gambling firm Grupo Codere SA, which will see it act as lead ‘live pictures and data distributor’ of Codere LATAM syndicated racing properties. Detailing …
Read More »Argentina PRO secures Buenos Aires gambling restructure
As anticipated the Executive of Buenos Aires has approved Budget Plan 2019 directives 142 and 143 sanctioning significant changes to the province’s operational gambling framework. On Tuesday, district leaders voted in favour of BA Governor Maria Eugenia Vidal’s 2019 proposals, introducing a new 2% tax charge on player winnings from land-based casino, arcade and bingo operators. Governor Vidal secures a ‘major victory’, …
Read More »All eyes on wounded Grupo Codere
European business analysts are monitoring the movements of Bolsa Madrid gambling firm Grupo Codere SA closely, as the embattled company faces multiple obstacles in its corporate recovery. Following the publication of its Q3 2018 trading update (13 Nov) in which the company posted year-to-date net losses of €55 million, Codere has witnessed its share price collapse from €6.20 to €2.85 …
Read More »Codere crushed by Argentine Peso collapse losses
Bolsa Madrid-listed gambling operator Grupo Codere SA cannot escape the Argentine Peso collapse as the company records continued declines across its 2018 corporate metrics and KPIs. The reality of 100% Argentine Peso decline against the Euro, has seen Codere undertake a number of adjustments within its biggest operating market. Publishing its Q3 2018 trading update, Codere reports a group net …
Read More »Buenos Aires Governor calls for a review of online gambling
The Senate for Buenos Aires, Argentina’s largest province is reported to be reviewing legalising online gambling activities. The first set of proposals attached to Buenos Aires 2019 Budget has been put forward by BA Governor Maria Eugenia Vidal, seeking to revamp the province’s legislative gambling framework. Argentine news sources report that BA’s governing Argentina PRO party (centrist-right) seeks to issue …
Read More »Codere hurt by Argentine Peso collapse
The plunging Argentine Peso has impacted the performance of Bolsa Madrid gambling firm Grupo Codere, which has reported exchange rate losses of €22.5 million, publishing its 2018 interim results (period ending 30 June). Updating investors, Codere governance details that corporate performance has had to adjust to Argentina’s ongoing monetary crisis, which has seen the ARG Peso decline almost 50% against …
Read More »The World Cup’s Finest with Kambi’s Jonathon Hurst
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. Leading The World Cup’s finest into the final three is Jonathon Hurst, Kambi’s Head of Live Football, who reveals a soft spot …
Read More »The World Cup’s Finest with Vermantia’s Peter Woodfine
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. Peter Woodfine, Business Development Director at Vermantia, is the latest to join the growing ranks of The World Cup’s Finest alumni, as …
Read More »The World Cup’s Finest with Sirplay CEO Bart Esposito
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. As we enter the final World Cup week of the summer, Bart Esposito, Sirplay CEO, takes to The World Cup’s Finest hot …
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