José Ramón Ortúzar, Chairman of the Board of Directors of GARAIPEN VICTORIA APUSTUAK, Pedro Torrecilla, President of the Asociación de Salones de Euskadi (Basque Gaming Salons Association) and Julian Graham-Rack, Corporate Director, International of William Hill, have presented today in Vitoria the new sports betting brand in Euskadi (Basque region).
GARAIPEN VICTORIA APUSTUAKAccumulated EBITDA for the first nine months of 2008 rose to 179.4 million euros, 11.8% more than in the same period last year.
CODERE revenues grow by 22.3%Representatives of the Basque government and Deusto University, experts in the gaming sector and executives from VICTORIA will analyse the state of development of sports betting in the Basque Country.
Basque society and sports bettingThe results for the first half of 2008 reveal a positive trend of the key Latin American markets of CODERE, posting a Gross Operating Profit of €M120, up 15.9% with regard to the first half of 2007.
CODERE increases earnings by 20.7%Recent sporting events and the imminent start-up of operations in the Basque Country make it possible to confirm over 120 sports betting outlets between the two Spanish autonomous communities
VICTORIA sports betting making rapid progressRepresentatives from the Ministry of the Interior, Loterías y Apuestas del Estado (LAE) and the Instituto Nacional de Administración Pública [National Institute of Public Administration] backed the presentation of the book.
The book “gaming code”Diplomas awarded to 25 CODERE employees taking part in an in- company training program organized by the Autonomous University of Madrid
Business Management ProgramIn the first quarter of 2008, turnover totalled 243.6 million euros, 18.8% more than the figure obtained in the same period in 2007.
CODERE increased its EBITDA 21.9%The Chairman of CODERE highlighted the initial public offering as "the culmination of the company's commitment to responsibility, transparency, professionalism and strict management”.
First shareholder meeting following the IPO