Net Entertainment and CODERE Sign Agreement

Net Entertainment and CODERE Sign Agreement

Net Entertainment has recently announced yet another new licensing contract, this time for a Spanish operator. The leading gaming software provider, Net Entertainment, and CODERE have signed an agreement by which NetEnt will be providing casino games to CODERE's Spanish online casino.

The NetEnt-CODERE Licensing Agreement

CODERE is the biggest gaming operator in Spain, and also has a presence in the Italian and Latin American markets. Net Entertainment is currently undergoing the licensing process in Spain, with the focus on delivering its offerings to the Spanish market this year. The agreement with CODERE takes Net Entertainment into the Spanish market, giving the gaming software provider the chance to expand in a new direction.

The Managing Director of NetEnt Malta Ltd and Chief of European Market Operations, Enrico Bradamante, said: "We are excited to partner with CODERE and for the opportunity to provide their online players with our world-class thrilling games. CODERE is a market leader in Spain, which is one of our prioritized countries when it comes to new regulated markets with strong growth potential."

The Marketing Manager for CODERE Apuestas, Ángel Fernández, had the following to say regarding the licensing agreement: "The agreement reinforces CODERE's customer-centric strategy focused on maximizing the so-called CODERE Experience, and is boosting the convergence of channels (Brick & Click)."

He further noted: "After having successfully relocated the sports betting experience from an offline environment to online, we are convinced that our offer of new casino games (slots, blackjack and roulette) will be highly appreciated among customers."

About CODERE Apuestas

CODERE Apuestas' mobile betting was launched in Madrid at the end of last year. The company has had a good response to the mobile offering and has plans to continue to provide additional features and new products for those in the Spanish market.

CODERE was founded in 1980, offering land-based gaming entertainment. CODERE managed over 52,000 gaming machines in 2014, along with 176 gaming halls, and over 1,700 betting locations, racetracks, and online gambling. The company has recently moved into the mobile sphere. CODERE has been listed on the Madrid stock exchange since 2007.

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