Tag Archives: mexico

South & Latin American declines hurt Codere recovery

The recovery of embattled Spanish gambling operator Grupo Codere (Codere) has been gravely impacted by the depreciation of South/Latin American currencies against the € currency. Presenting its H1 2016 results (period ending 30 June), Codere who restructured its €1,1 billion debt under UK High Courts in January would record group operating losses of €7.8 million (H1 2015: €65 million). Despite …

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SBTech celebrating ‘very strong and successful year’ at Super Show

Sportsbetting supplier SBTech is to showcase its cutting-edge product portfolio at the iGaming Super Show in Amsterdam June 7th – 10th at stand B60. SBTech believes combination of localised offerings, expert legal oversight, versatile tools and expert industry knowledge has positioned it as a ‘world-leading sportsbetting provider’. This is shown be the wide geographical spread of its operating partners, who are based in the …

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TV Azteca invests in Fantasy Network LATAM expansion

Mexican broadcaster TV Azteca has confirmed that it will invest $1 million in DFS software provider Fantasy Network, with a further $10 million committed in advertising of a future Daily Fantasy Sports brand for LATAM regions. TV Azteca confirmed this morning that it had entered a ‘memorandum of understanding’ with Fantasy Network management, which will see the DFS supplier expand …

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SBTech expands in South America with PLE & Spingol

  Industry sports betting software supplier SBTech has signed exclusive agreements to provide two of Latin America’s biggest regulated operators with their award-winning omni-channel sports betting solution. The first will see Promotora Latinoamericana de Entretenimiento (PLE) equipped with the supplier’s innovative retail products through its Mexican licence. Founded in 2005, PLE runs sports betting facilities in land-based casinos, restaurants, bars, …

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Kambi enters Mexico with Televisa provisions partnership

Stockholm listed sports betting technology and provisions provider Kambi Group has entered the Mexican sports betting market, by agreeing a services partnership with Mexican entertainment and media Grupo Televisa. The agreement will see Kambi deploy fixed odds betting provisions for Televisa’s Playcity casino operations. Televisa will upgrade its retail betting systems utilising Kambi solution. Both parties stated that they would …

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Mexico steps closer to allow online gambling

Mexico has moved closer to allowing a regulated online gambling market, as its political parties have agreed on the legal framework for regulating online gambling services to its citizens. Mexico’s two leading political parties, Partido de la Revolución Democrática (PRD) and Partido Acción Nacional (PAN) have agreed on the general context and framework of the proposed Mexican online gambling bill. …

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AGEM establishes Mexican committee

The Association of Gaming Equipment Manufacturers (AGEM) today announced that its Board of Directors has approved the creation of the new AGEM Mexico Committee based in Mexico City, which will focus on issues specific to the Mexican market that affect a wide range of gaming suppliers. Current AGEM member companies with a presence in Mexico include Ainsworth Game Technology, Amatic …

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Mexico’s Logrand goes online with CG

Casino games and software developer CG Technology has penned a licensing agreement with the Logrand Group, Mexico’s leading entertainment and gaming operator.  The move sees CG Technology, formerly Cantor Gaming, authorise the use of its sportsbook system, which includes mobile sports wagering and wallet functions, at eight Logrand Group casinos in Mexico, including Jubilee casino in Monterrey, Nuevo Leon, the country’s largest casino. …

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