The CODERE Foundation, through its editorial imprint Gaming studies (esj), presents the Gaming in Spain Yearbook for 2012-13 edited by the Institute for policy and governance of the University Carlos III of Madrid (IPOLGOB) and directed by José Antonio Gómez Yáñez, Professor of sociology at the same University and in which several researchers and specialists from the gaming industry have also participated.
This yearbook reflects the evolution of the sector from a social and economic perspective, segmented by Autonomous Communities and Provinces since 2007 and - for the first time- includes a study on the business groups of the sector from 1977 to the present day.
EBITDA for the nine months ended September 30, 2013 amounted to €172.3 million reflecting a decrease in Argentina as a result of the continuous depreciation of the Argentine peso and the smoking ban and tax rises in Italy. To a lesser extent, this figure was also due to temporary gaming hall closures in Mexico and the opening of the Carrasco Casino in Uruguay. This decrease was partially offset by a reduction in costs linked to Headquarters and by the growth seen in Spain.
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Evolution Gaming has teamed up with CODERE to introduce Live Roulette on EGMs (Electronic Gaming Machines) in Latin America. The move brings Evolution’s multi-award-winning Live Casino content to EGM screens for the first time. An initial roll out went live in selected Codere gaming halls in October, 2013.
Press ReleaseInterest payment
Codere draws down on additional €35m facility under senior facilities agreement and makes its 15 august 2013 USD notes interest payment on 17 september 2013
Press releasee 17 September 2013The CODERE Foundation has presented the Congressional Library of the Italian Republic (Palazzo San Macuto of Rome) with the study “La disciplina dei giochi in Italia tra monopolio pubblico e mercato” (The gaming discipline in Italy, between an open market and a public monopoly"), in collaboration with Bruno Visentini Foundation and Ceradi-LUISS Guido Carli University.
The event boasted wide participation and was attended by representatives of government, associations and companies, as well as members of other organizations and individuals interested in the themes of the gambling industry which deals with the present publication
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The prize is sponsored by CAF – Development Bank of Latin America, and the Codere Foundation, and enjoys the support of CNN en Español, Cinco Dias, Air France and Casa de América. The CODERE Foundation also awarded the Milenio group a runners up prize for an article on innovation in the entertainment industry by Jesús Rangel.
Press ReleaseThis is the second course year that the company has arranged with the Municipal Police Union in Madrid.
The course was taught at the Unified Security Centre of Alcorcón for local police officers from various places, such as Getafe, Alcorcón and Madrid. The subjects covered include specifics on local regulations on opening public businesses and relating to the gaming sector.
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In relation to the article published yesterday by "El Confidencial" ("Codere admits its default by refusing to pay the new loan to BBVA, Barclays and Credit Suisse"), the company notes that this headline is false and has not commented in this regard.
CODERE Apuestas, sponsor of Elche C.F., congratulates the Alicante Club
The Alicante Club is officially-since 18 May, a First Division Club. With this strategic sports sponsorship for the 2012-2013 season, not only does CODERE Apuestas support the club's dream of ascending and greater closeness to the Valencia players and club members, but above all, promotes the image of the company with the deployment of the brand in the Valencian Community.
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CODERE closed 1Q13 with sales of €397.6 million (1.4% less than the same period last year) and EBITDA of €62.1 million, in line with expectations for this period, reflecting a decline in Argentina and Italy and partially offset by growth in Mexico and Spain.
The most notable operations in the first quarter include: the opening of Hotel Casino Carrasco in Montevideo, a benchmark in Latin American entertainment, and the launch in Spain of sports betting in Galicia, Codere being the only company present in all regulated regions the country.
At the close of the first quarter, CODERE operated 54,007 gaming terminals, 178 gaming halls, 1,206 betting points, 4 racetracks and online betting in Italy.
Press ReleaseThe CODERE Group, a leading Spanish multinational in the private gaming sector and listed on the Spanish stock exchange, has announced today the appointment of Italo Durazzo as Corporate Director of Marketing and External Communications for the Group.
Italo has 28 years experience in multinational companies in the consumer goods sector and a long career managing the commercial divisions in different international markets. Since 2011 he has worked for CODERE as a consultant and has created the Corporate Marketing department of the company, with the aim of focusing on a deep understanding of the consumer.
Press ReleaseThe CODERE Group today announced the decision to update and revitalize the corporate brand through a fresh and dynamic image that evolves, bringing the visual identity of CODERE close to the new stage that international gaming in going through, while retaining its essence and authenticity.The new design will be phased in during 2013.
Press ReleaseFundación CODERE sponsors the second edition of the course "Prevention of money laundering and terrorist financing" organized by the Autonomous University of Madrid, to prepare experts in crime prevention
Press ReleaseFinalists selected in the 3rd Annual Latin American Economic Journalism Award
Today it has been announced the 30 finalists in the III Latin American Economic Journalism Award organized by the Business School. The event, which this year were considered 300 papers, reports, interviews and other information formats from over 150 media companies in the region, is endowed with $13,000 in prizes. The award is sponsored by CAF-Latin American Development Bank and the CODERE Foundation and supported by CNN in Spanish and Casa de América.
The awards ceremony will take place on 20 June at Casa de América (Madrid, Spain). The previous editions were held in Mexico (2011) and Colombia (2012).
This edition will again feature a second prize, the ACCESIT AWARD, offered by the CODERE Foundation for the best journalistic work on "Innovation in the entertainment, leisure and tourism industry".
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CODERE Apuestas successfully closed the campaign "El Golazo de CODERE Apuestas", an attractive action that has allowed individual fans and fan clubs of Hercules Alicante and Elche football clubs to live the emotion of the sport through sweepstakes, contests attempting to kick a goal at halftime, organized by the company through the social networks. The campaign had about 75,000 followers on Facebook and involved nearly 60,000 fans of both teams.
Press ReleaseThanks to this agreement, “CODERE Apuestas” will be operating 333 betting points within the hospitality industry, 18 gaming establishments, in addition to its presence via its own shops and gaming halls.
Since the Sports Betting Regulation was passed in this Autonomous Community on August 3, 2012 and after having been officially granted licenses and permits on the part of the Autonomous Community Government of Galicia, “CODERE Apuestas” will be starting up operation, hand-in-hand with COMAR this week with eight rooms, three of which are already operational from Friday March 8 in Corunna: Comar Gaming Rooms (Barcelona, in Barcelona Rua, Rubine, on Avenida of Rubine and Seyer, in Rua dos Caballeros), which already have made the first bet. This week will also open the following COMAR betting rooms in Corunna: (Cuatro Caminos, in Cuesta de Palloza; Galiano, in Rua de Galiano and Rua Nueva, in Rua Nueva); in Lugo (Lugo, in Rua del Obispo Aguirre) and Orense (Orense, in Rua Do Paseo).
COMAR and CODERE apuestas launch sports betting in GaliciaCARRASCO NOBILE, a consortium led by Grupo CODERE, was commissioned to rehabilitate and equip an emblematic building that opens today at the Sofitel Montevideo Casino Carrasco & Spa.
CARRASCO NOBILE, which has a license to operate the Hotel for 30 years, will promote the hotel casino as an international industry benchmark, positioning it as one of the leading hotel casinos within a National Heritage building of Uruguay.
Press ReleaseThe CODERE Group closed 2012 with revenues of close to €1,663.9 million and EBITDA of €305.2 million, in line with expectations for this period and reflecting strong growth in Mexico, which was partially offset by weakness in the rest markets.
CODERE records EBITDA of €305.2 millionThe CODERE Group has taken part in this international event via different gaming-related presentations and round table discussions: Jaime Estalella, CODERE Europe’s COO at the “Gaming in Spain” conference; André Gelfi, CODERE Brazil’s Director at the “Brazil & Argentina, impact of European regulatory developments on iGaming regulation in Latin America” round table discussion and Iñigo Escorial, CODERE’s CRM Division Manager having taken part in the “Integrating the customer into the IT architecture” conference.
CODERE at the ICE 2013 fair In LondonCANOE, the Bingo and gaming hall in Madrid of the CODERE Group, successfully operates the "Rebingo", a drawing made between line and bingo winners, which distributes important prizes of €6,000 each draw and high premiums bingo awards of more than €5,000. Throughout 2012, the game has awarded €24,000 in "Rebingo" prizes. Also, thanks to this new formula, the popular game has increased traffic and promoted the Bingo game in Madrid.
Great success of "rebingo", a new leisure formula at the CANOE