Tag Archives: Sportium

Vamos… Sportium makes its Colombian play

Grupo Cirsa and Ladbrokes Coral joint venture Sportium (Sportium.es), has secured Colombia Colijuegos’ ninth online gambling licence. The Spanish online betting brand will move to launch Colombian property Sportium.com.co, aiming to become a major player in the newly regulated South American jurisdiction. Colombian news sources report that Cirsa governance has secured a 5-year Colijuegos licence valued at approximately $7 million. Last …

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Mikel López de Torre takes Jdigital Presidency for changing Spanish market

Spanish industry trade body, La Asociación Española de Juego Digital (Jdigital) has confirmed the appointment of Sportium Digital Director Mikel López de Torre as its new President. A key leadership stakeholder since 2016, López de Torre has formerly served as the trade body’s Vice President and will replace Jdigital founder Sacha Michaud as leader. Founded in 2012, amidst the imminent launch of …

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Sportium readies for Colombia market launch

Spanish licensed online sports betting operator Sportium (sportium.es) continues its South American expansion, announcing that it will enter the Colombian online betting market. The Ladbrokes and Grupo Cirsa Spanish joint-venture launch in Colombia follows a successful South American debut in Panama, where its services have gained a strong foothold. Speaking to Spanish media, Sportium CEO Alberto Eljarrat detailed that his …

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Sportium confirms 2-year extension to LFP La Liga partnership

Spanish operator Sportium has confirmed that it has renewed its official betting partnership with La Liga de Fútbol Profesional (LFP), the governing body of La Liga, Spain’s highest level of professional football for a further two years. Sportium the Spanish joint-venture firm backed by Ladbrokes UK and Spanish legacy gambling operator Grupo Cirsa has acted as LFP betting partner since …

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Group efficiency strategy pays off for Grupo Cirsa in 2016

Publishing its full-year 2016 results, Spanish gambling group Grupo Cirsa (Cirsa) has declared its ‘best year in business’, as the company benefits from the growth of its home market assets and Latin America operations. Detailing its FY 2016 financial breakdown, Cirsa would report flat-line group revenues of €1.6 billion. However, the company would benefit from its ‘group efficiency strategy’ which …

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Sportium becomes the 22nd regulated operator to join ESSA

Spanish-licensed Sportium has become the 22nd leading regulated operator to join the international betting integrity body, ESSA. The official betting partner of Spanish football’s La Liga has become the fourth operator to join the association this year, in a move which further strengthens ESSA’s alert and reporting system. Khalid Ali, ESSA Secretary General, said: “Sportium is a major player in …

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Sportium extends LFP betting partnership

Ladbrokes and Grupo CIRSA Spanish gambling joint venture Sportium, has confirmed that it will extend its official betting partnership with the Liga Nacional de Fútbol Profesional (LFP), the governing body of the top two divisions of professional football in Spain (La Liga and the Segunda Division). In October 2014 Sportium had been approved to become the official betting partner of …

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Ladbrokes announces further managerial changes as operator streamlines international operations

Continuing its operational and executive restructure under new CEO Jim Mullen, Ladbrokes plc has announced that following a review of the costs and efficiency of its international team it intends to restructure its International operations. Following the restructure Damian Cope, MD – International will leave the business and nine roles in the centrally based International team will be placed at …

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CIRSA secures new €500 million bond

Spanish gambling operator Grupo CIRSA has completed a bond issue worth €500 million over an extended eight year period (2023). CIRSA governance confirmed that its new bond issue and restructure was led by Deutsche Bank, who have raised the bond capital from European and American investment funds. With CIRSA gaining approval on its new bond issuance, the company will cancel …

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CIRSA on the up with improved 2014 results

Spanish gambling operator Grupo CIRSA were pleased to announce an improved corporate performance for 2014 as the company finished 2014 strongly. The Barcelona based operator recorded improved revenues of 22% to €360 million for full year 2014. The improvement in revenue performance carried through to CIRSA’s top line metrics as the operator recorded a 2014 net profit of €56 million. …

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