Tag Archives: Spain

Grupo CIRSA has praised the ‘robustness of its global operations’ as the Blackstone-owned Spanish gambling business delivered full-year financial results above market expectations. Publishing its Q4 and full-year 2021 results, CIRSA registered group revenues of €1.11 billion, up 30% on corresponding FY2020 results of €843 million. Improved revenue results were maintained despite continued COVID-19 restrictions impacting operations across Spanish provinces …

Flutter Entertainment has opened a strategic hub in the Spanish autonomous city of Ceuta to support its Spanish market operations. Local news sources have disclosed that the hub will form part of the ‘Flutter International’ unit of the FTSE100 gambling group, who are reported to be in the process of hiring 30 Ceuta based employees The Ceuta hub aims to …

Spain’s Ministry of Consumer Affairs has launched a public consultation seeking guidance on its objective to overhaul the structure of Spain’s current problem gambling treatment support network, operating across the nation’s 17 autonomous communities.  Launched on 4 January, the consultation forms part of the Ministry’s ongoing ‘Decree Project’ that aims to establish new safer gambling laws that will be adopted …

Grupo EGASA has confirmed that it will invest €15 million to establish a new dedicated office for its Luckia Gaming Group subsidiary.    The plans were disclosed by Galician news sources that outlined EGASA’s ambitions to build a new four-floor digital hub for Luckia, within the group’s hometown of A Coruña. Founded in 1972, leisure, hospitality and property investment group EGASA …

Spain’s National Securities Exchange Commission (CNMV) has been forced to suspend the listing of Grupo Codere SA shares on the Bolsa Madrid Exchange.  The exchange regulator informed that its decision was taken, following an extraordinary meeting of shareholders that approved for Codere to begin a settlement process for the company to be dissolved. As a result, the CNMV has been …

Grupo Codere has launched its new corporate social responsibility campaign ‘Red Bank’ supporting international charities to end violence against women. The Bolsa Madrid gambling group has adopted the tagline ‘violence is never love’ to launch its new CSR initiative promoting direct initiatives against gender violence, raising awareness to the social problem and promoting a culture of equality and respect for …

Codere is confident of bouncing back from COVID-19 induced headwinds, having identifying a resurgence in Latin American countries as the jurisdictions gradually reopen after months of lockdowns. Providing a financial update for the first nine months of 2021, the Spanish gambling group explained that it had generated total revenue of €499.6 as of September 2021, an increase of 8.5%. Codere …

Grupo Codere SA will serve as the South American betting partner of Real Madrid FC for a period of five seasons, maintaining the Spanish gambling group’s longest-serving sponsorship.    Since 2016, Codere has served as the official betting partner of Real Madrid, primarily using the Spanish Giant’s brand and players to promote its Codere Apuestas sportsbook brand across Spain and the …

Codere Online has reported strong revenue trends in key global markets, after the online sports betting and igaming firm documented its second quarter performance after entering into a business combination agreement with DD3 Acquisition Corp. The online gaming subsidiary of casino operator Codere Group entered into the deal with the publicly traded special purpose acquisition company in June. The transaction, valued …