Tag Archives: Spain

Winning Post – Spain’s draft budget proposes good news for betting operators

Regulus Partners, the strategic consultancy focused on international gambling and related industries, takes a look at some key developments for the gambling industry in its ‘Winning Post’ column. UK: Gambling and gender – what crisis? Gambling has been on the wrong side of practically every issue recently, especially in the UK. Entirely separately to gambling’s regular whipping, there has been …

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Sampedro family fails to overturn Codere’s new leadership appointments

Madrid’s Commercial Court has rejected the appeal put forward by the Sampedro family, seeking to overturn the appointment of a new executive leadership team at Grupo Codere. The appeal was sanctioned by former Codere CEO & Co-Founder José Antonio Martínez Sampedro, who was accompanied by Luis Javier Martínez Sampedro (former GM of Codere Americas) in seeking to annul the decision …

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Open field at Augusta ahead of Golf’s first major of the year

Copyright: olimpic / 123RF Stock Photo

The 2018 US Masters is almost upon us, with the triumphant individual not only receiving the honour of donning the famous green jacket at the Augusta National, but also taking home a $1.9m slice of the $11m purse. It could be argued that a plethora of names are serious contenders to be on top upon the tournaments culmination this Sunday …

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Horse racing plays “non-dismissible” role in Spain market growth

Bede - Copyright: mironovak / 123RF Stock Photo

Horse racing has enjoyed 200% growth in the Spanish market in the last five years, from €21 million in 2013 to a “non-dismissible” €90 million in online turnover during 2017. Online gaming revenue in Spain reached €560 million in 2017, with sports betting accounting for 55.57% of this figure. In play fixed odds and pre-event fixed odds betting made up …

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Winning Post: Match-fixing allegations rock Albanian football

Regulus Partners, the strategic consultancy focused on international gambling and related industries, gives an insight into some of the key developments in the gambling industry as part of its ‘Winning Post’ column. GB: horseracing – barriers belong on the course only… A week since the Cheltenham Festival concluded. Better to let the dust settle before drawing significant conclusions. However, some important …

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The Spanish perception of the gambling sector

On the opening day of the Betting on Football Conference at Stamford Bridge, an expert panel gave their insight on the gambling market in Spain and how it’s perceived by the Spanish audience. The panel entitled Spain – a new window of opportunity, which took place as part of the Global Market Profiles track, saw suppliers and operators come together …

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Steve Wozniak the star at GiG’s anniversary event

Steve Wozniak

A two day GiGsters Connect event, celebrating the fifth anniversary of online gambling firm Gaming Innovation Group (GiG), has concluded, with guests left wowed by its headline guest speaker. Steve Wozniak, Co-Founder of Apple Computer Inc and “legendary Silicon Valley tech wizard,” took to the stage to speak to a 1150 strong audience. Arriving into the InterContinental Arena in Malta …

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R. Franco appoints Miguel Ángel Lázaro as Digital lead

Spanish gambling group R. Franco has confirmed the promotion of Miguel Ángel Lázaro to Group Managing Director of digital services. Ángel Lázaro will be tasked with leading the R. Franco Digital division, overseeing the delivery of terminals, systems, projects and solutions for R. Franco partners. The senior appointment sees Ángel Lázaro replace Alejandro Casanova as R. France Digital leader, who …

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Codere returns to profit as new leadership plans for 2018 upgrades

Spanish gambling operator Grupo Codere has published its 2017 full-year results, reporting metric growth across its group assets and KPIs. The refinanced Spanish legacy gambling operator, reports a 6% increase in corporate revenues to €1.6 billion (FY 2016: €1.55 billion). Operating under its restructured corporate recovery plan, Codere reports a 2017 group EBITDA of €246 million, up 26% on corresponding …

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Home expansion sees Codere hit +2,500 betting points in Spain

Spanish gambling firm, Grupo Codere has announced that it has surpassed +2,500 betting points operating within its home market of Spain. During the first two months of 2018, Codere has strategically expanded its retail presence in the regions of Andalucía and the Balearic Islands. The Balearic and Andalusian expansions support Codere’s 2017 dedicated betting shop openings in Madrid and Castilla …

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