Online Gambling in Spain 2009

Codere Equity Saga Set To Run and Run

GamblingCompliance Ltd.
James Kilsby, 01/10/2008
GamblingCompliance Ltd.

Spanish gaming group Codere has confirmed to the Madrid Stock Exchange that deadlocked talks between majority shareholders to resolve their debt obligations to former investors by the end of October could trigger the sale of the 71 percent equity held by the Martínez Sampedro family. But while speculation rages about potential buyers, analysts do not believe a sale can occur in the current financial climate.

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