Latam & Carribean , Legal , News By Region
January 25, 2024

Codere’s Landmark Legal Triumph: Potentially Dodging a $70M Tax Bill in Mexico

Captivating Breakthrough: Codere’s Unprecedented Legal Feat In a groundbreaking development, the renowned gambling conglomerate Codere stands on the cusp of a major legal victory. This triumph could liberate them from a staggering $70 million tax obligation, a burden lingering for over a decade. As the Mexican Supreme Court leans towards favoring Codere, the financial and […]

EMEA , Finance
April 3, 2023

Grupo Codere is in need of €100 million in capital

In 2021, Grupo Codere initiated a reorganization plan as the Spanish gambling group is confronting a potential insolvency scenario. To address the “probable insolvency situation,” Grupo Codere has secured further financial assistance by gaining investor approval for an updated reorganization and refinancing plan that involves raising an additional €100 million in capital. As a result, […]