Codere chief executive Gonzaga Higuero said the company plans to invest €40m in Uruguay during 2024–2029, mainly to modernise its land-based operations. He said digital expansion could be considered depending on market and regulatory opportunities, but Codere does not operate online in Uruguay while that market remains unregulated.
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It was reported that Codere processed over 5.6 million retail wagers during the tournament. The final recorded the company’s highest Spanish interaction volume during the competition.
MGA Industrial installed an eight-player Evolution roulette at Bingo Canoe in Madrid, the company said. José Manuel Vázquez, director of Codere Spain’s bingo operations, said the installation adds the game to the venue’s existing offer.
Codere has hired Jefferies and Macquarie to advise on a possible sale, Spanish media reported, with the company reportedly considering a transaction in the coming weeks. The reported target value is €2bn; Codere has also said it is reviewing strategic options, including a sale or a return to the Madrid Bolsa.
Codere and Mexican media group Multimedios launched RG TV in Mexico this week as part of a relationship spanning five years. Codere marketing manager Silvia Gabriela Martínez Estrada said the company views Monterrey as its strongest-performing market and linked its regional growth plans to the partnership.
Casino and entertainment venue operators in Uruguay formed the Cámara Uruguaya de Operadores y Locadores de Cassinos e Espaços de Entretenimento (CUOASEC) last week, according to the report. The chamber says it aims to represent the industry and take part in developing a regulatory framework; Luis Alberto Gama Hernández was named executive secretary.