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Explore Mexico and Uncover the Development of Its Sports Betting Market

Explore Mexico and Uncover the Development of Its Sports Betting Market

By the end of 2024, Mexico's population will exceed 132 million, making it the 10th most populous country in the world and the most populous Spanish-speaking country. It is also the second largest economy in Latin America. In 2024, the official annual GDP per capita in Mexico was announced to be 14,

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Codere organized a meeting with clients to celebrate their latest achievements and define the next challenges.

Codere organized a meeting with clients to celebrate their latest achievements and define the next challenges.

The representatives of the company gathered their clients in Madrid at an exclusive event to promote joint growth and thank them for their trust.Spain.- With an exclusive event at the renovated Santiago Bernabéu Stadium in Madrid, Grupo Codere held a meeting with its clients where the company's exe

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Latin American Market Q4 Performance Summary: Operators Compete for Market Position in Brazil

Latin American Market Q4 Performance Summary: Operators Compete for Market Position in Brazil

Most gambling companies have already released their Q4 earnings, and iGB has studied the performance and future strategies of operators in the region.Brazil launched its regulated online gambling market on January 1, with some listed international giants obtaining comprehensive licenses alongside l

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Codere launches a new advertising campaign in Mexico

Codere launches a new advertising campaign in Mexico

"The Journey of the GOAT" was designed by Codere and Archer Troy in November and now presents its second part.Mexico.- The Grupo Codere, a multinational operator in the gaming and sports betting sector, continues to enhance its advertising campaign "The Journey of the GOAT" in Mexico, introduced in

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A Codere group casino caught fire in Sinaloa, Mexico.

A Codere group casino caught fire in Sinaloa, Mexico.

This is about the Royal Yak casino located in the city of Culiacán.Mexico.- A devastating fire completely destroyed the Royal Yak casino, of the group Codere, located in the Plaza Cinépolis of Culiacán, Sinaloa. The incident forced the evacuation of the establishment and resulted in two injuries.The

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Moody's agency withdraws Codere's rating

Moody's agency withdraws Codere's rating

The measure responds to the insufficiency of the available information to support the previously granted ratings.Spain.- Codere remains mired in a difficult financial situation. The rating agency Moody’s Ratings has decided to withdraw the corporate ratings (CFR) 'Caa2' and the probability of defaul

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River received a request from its fans for betting houses to stop being advertisers.

River received a request from its fans for betting houses to stop being advertisers.

Through the Change.org platform, hundreds of signatures were gathered and a letter was sent to the club in Buenos Aires City.Argentina.- Fans of Club Atlético River Plate used the Change.org platform to collect almost 15,000 signatures to ask the club to prevent betting houses from continuing to sp

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Moody's assigns Codere a Caa2 corporate rating after completing its global recapitalization

Moody's assigns Codere a Caa2 corporate rating after completing its global recapitalization

In just a few days, more than USD 6.3m was wagered on the outcome of the contest between Harris and Trump.United States.- Just weeks after a U.S. court allowed betting on the presidential election outcome between Kamala Harris and Donald Trump, scheduled for November 5, millions of dollars are being

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An original marketing activation by Codere was devised for the classic Madrid-Barça match.

An original marketing activation by Codere was devised for the classic Madrid-Barça match.

To promote the sports event that took place last weekend, the company developed a special campaign.Spain.- In order to connect with football fans through a creative approach that revives the emotions and controversies that have marked the classics over time, Codere developed a campaign during the Sp

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Codere reduces debt to $70 million, completes its recapitalization

Codere reduces debt to $70 million, completes its recapitalization

Codere SA has finalized its Global Recapitalization Program, significantly reducing its corporate debt to approximately €65 million ($70.3 million).This is a turning point for the Spanish gambling operator, which had been burdened by around €1.4 billion ($1.5 billion) in debt prior to the restructur

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New stage: Codere successfully concluded its recapitalization plan

New stage: Codere successfully concluded its recapitalization plan

The process received unanimous support from the company's creditors and now marks the beginning of a new era of financial stability and growth.Spain.- Grupo Codere has successfully completed its global recapitalization process, marking the start of a new phase of financial stability and strategic gr

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Codere Completes Global Recapitalization, Cuts Debt by €1 Billion

Codere Completes Global Recapitalization, Cuts Debt by €1 Billion

Codere Completes Global Recapitalization, Cuts Debt by €1BNSpanish multinational operator founded in 1980 and listed on the national stock exchange, Codere, has announced the successful completion of its global recapitalization process.As a result of the worldwide corporate restructuring aimed

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Codere introduced its new mobile application: "My Codere"

Codere introduced its new mobile application: "My Codere"

The new app is the evolution of the previous one, "El Club", with the addition of new functionalities and options.Spain.- Grupo Codere introduced "Mi Codere", its revamped mobile application aimed at revolutionizing the customer experience.This app is the evolution of 'El Club', designed to provide

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Codere strengthens the presence of its online division in Mexico with growth of over 50%

Codere strengthens the presence of its online division in Mexico with growth of over 50%

Codere Group, a multinational gaming and sports betting operator, continues to consolidate the presence of its online division in Mexico. The revenues of the online casino and sports betting platform that the Spanish brand offers in this country have experienced a growth of more than 50%. According

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