Tag Archives: Televisa

Codere sanctions Credit Suisse to lead its Mexican charge

Spanish business news source El Confidencial reports that the governance of Grupo Codere SA has sanctioned investment bank Credit Suisse to lead its corporate refinancing, as the Bolsa Madrid gambling group reviews its South American options. The Swiss multinational bank is reported to have been given a two-fold mandate by Codere governance, being ordered to raise capital for new expansion …

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Kambi continues LatAM expansion

Sports betting provider Kambi has deepened its relationship with media conglomerate Televisa, through the debut of its sportsbook to the Mexican online market. Televisa’s gaming arm PlayCity has unveiled its new sports betting site, and the launch of PlayCityApuestas.com follows last year’s deal, which saw 16 of its land based casinos furnished with the retail product suite of Kambi. Kristian …

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Strong commercial pipeline sees Kambi ride out tough 2016 closing

Continuing sector trends, Nordic Nasdaq-listed sports betting platform and software supplier Kambi Group is the latest industry stakeholder to have been impacted by unfavourable sporting results this December. A tough closing to its full-year 2016 performance, saw Kambi record an operating EBIT of €1.8 million down from Q4 2015’s corresponding €3.3 million. The industry supplier detailed that adverse sports results …

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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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