Location: Spain
Codere seeks €100m to soften liquidity pressures as CEOs depart
Grupo Codere has notified investors that it must raise €100m [$108.5m] in capital as the heritage Spanish gambling firm “finds itself in a... more
Industry reacts as Spain approves raft of new responsible gambling measures
Spain’s Council of Ministers has approved more than 30 new youth-orientated responsible gaming measures. [Tuesday] Spain’s main executive... more
Codere Online confirms CEO departure as results are reported for first year on Nasdaq
Codere Online has announced that Moshe Edree has chosen to step down as CEO of the Global Nasdaq Spanish online gambling group. The... more
Spain: CIRSA full unit recovery delivers peak profits of €550m
Grupo CIRSA has lauded its 2022 financial recovery as all core business units “return and outperform pre-COVID 2019 trading”. Full-year... more
Spain: Hard Rock’s Barcelona megacasino complex may break ground this year
The government of Catalonia is moving forward with plans to build “Barcelona World”, a multi-billion-dollar resort complex backed by US... more
Codere admits ‘system failings’ following €700K hack
The US Securities and Exchange Commission (SEC) has been informed by Nueva Codere of a cyberattack to its subsidiary Codere Online,... more
Spain: Balearic Islands to ban advertising of gambling establishments
On Tuesday, the cabinet approved amendments to Balearic gambling legislation. This will limit the number of new gambling and betting... more
Nueva Codere Q3 revenue hits pre-pandemic levels thanks to strong LatAm growth
Spain, Italy and Latin America-facing gaming business Nueva Codere’s Q3 revenue increased 47.2% year-on-year to €343.4m ($357.8m),... more
Spain to undertake full overhaul of gambling law, improve protections
Spain‘s gambling market will undertake significant changes following the Senate’s approval to reform the Gambling Law of 2011. On... more
Spain: Codere Online undergoes board shake-up
Online operator in Spain, Codere Online, has announced changes in the composition of its board. Alejandro Rodino, who served on Codere’s... more
