April 5, 2022.- Codere Network, State Concessionaire for the management and connection of recreational machines, belonging to Nueva Codere, a leading multinational in the private gaming sector, has obtained a one-year extension of its gaming concession in Italy , as reported to the company by the ADM (Customs and Monopoly Agency), the Italian gaming authority.
Codere Network's gaming concession was originally set to expire on March 20, 2022; the maintenance of the state of emergency until March 31, provided for by Legislative Decree December 24, 2021, postponed the term until June 29, 2022.
As of March 31, the Agency has communicated the extension of the concession for another twelve months from the current expiration date, for which it is extended free of charge until June 29, 2023.
Codere in Italy
Codere started its activity in Italy in 2001. Today, it is one of the largest gaming operators in the country, with ten bingo halls (with 2,380 seats), 1,954 bars and 7,337 machines (AWP and VLT). The company also manages an important gaming terminal interconnection network, Codere Network, to which 13,420 machines are connected, both its own and those of third parties. An operation that completes with direct exploitation of online gaming, since 2021 under the Codere brand.
Codere is a leading international gaming operator, with a presence in seven countries in Europe – Spain and Italy – and Latin America – Argentina, Mexico, Panama, Colombia and Uruguay, which operates gaming machines, bingo stalls and terminals omnichannel sports betting, both through the online channel and through points of sale that include game rooms, arcades, bars, betting rooms and racetracks.www.grupocodere.com
Codere with responsible gaming
Codere is firmly committed to developing a gaming offer with all the guarantees for the user, and to this end it carries out its activity by implementing the best responsible gaming practices, promoting transparency and promoting public policies that favor user guarantees, ensure the protection of vulnerable groups and ensure the sustainability of the industry.