Argentina: Codere becomes official betting partner of football’s River Plate

Tuesday, July 27, 2021 11:58 PM
  • Holly Hunt, Insider Sport

Club Atlético River Plate has inked a four-year sponsorship agreement to designate Codere as the official betting partner of the Argentinian team, until August 2025.

Under the terms of the deal, Codere’s logo will be visible on the sleeve of players’ shirts in the initial stage of the partnership.

On 22 June, Grupo Codere reached a merger agreement of its online gaming subsidiary with the SPAC DD3 Acquisition Corp. II, which would result in Codere Online becoming the first publicly-listed online gaming operator traded on the US Nasdaq Stock Exchange.

The new company, managed and majority-owned by Grupo Codere, aims to drive the expansion of the digital business in Argentina and other Latin American markets.