International edition
September 16, 2019

The firm is now included in a Registry of Applicants

Codere joins the race to become an online gaming operator in Buenos Aires Province

Codere joins the race to become an online gaming operator in Buenos Aires Province
The Spain-based company has joined the race for a license among other renowned international firms such as William Hill, Paddy Power, Intralot, Playtech a PokerStars.
Argentina | 06/06/2019

The Buenos Aires Province Institute of Lottery and Casinos has included in the Registry of Applicants for the seven online gaming licenses to be awarded by the province’s government, a joint venture set up by the companies “Iberargen S.A.” and “Codere Latam”.

W

ith this filing, the Registry is now made up of six joint ventures and two companies that will compete for the seven licenses available. The complete list is as follows:

Joint Ventures:

1 - Atlántica de Juegos S.A. and Stars Interactive Limited

2 - ArgenBingo S.A. and Will Hill Limited S.A.

3 - Bingo Pilar and PPB Counter Party Services Limited

4 - BinBaires S.A. and Intralot International Limited

5 - Hotel Casino Tandil S.A. and Dynamo Tyche S.A. Playtech Software Limited

6 - IberArgen S.A. and Codere Latam

Companies:

7 - Biyemas S.A.

8 - Slots Machines

"We praise the authorities’ decision to regulate online gaming, as it is currently being operated illegally. Codere is a major player in this practice: It holds a considerable share in regulated online gaming markets such as Spain and Colombia. In Spain, Codere is Real Madrid’s official bookmaker. We want to participate in the bidding process because we believe we have the capacity and experience necessary to obtain a license," the company said in a statement.

A total of 24 companies filed the relevant documents required to lodge their applications at the Registry. That is why, in addition to those two companies and six joint ventures officially admitted as applicants, it is estimated that about a dozen companies are already filling the relevant documents to participate in the bidding process as well, and at least a total of 20 companies would compete for the seven licenses available.

It is worth noting that, up to now many renowned international operators have expressed their intention to join the race for the online gaming license, such as William Hill, 888, Paddy Power Betfair, Intralot, Playtech, PokerStars, Canada-based Stars Group, and now, Codere LatAm.

Leave your comment