Casino News: UK bookmaker Joined Venture with Online Gambling, Spain

UK bookmaker Joined Venture with Online Gambling, Spain

 July 2, 2007, 9:53 am (4 years ago)
UK bookmaker Joined Venture with Online Gambling, Spain

William Hill is the bookmaker and online casino provider in UK, announced that they will be partnering with Codere a Spanish gaming group who owned several bingos, horse tracking and operator of betting games at Spain and South America, thus becoming a forerunner of joint venture in Spain.

There has been an outlined plan and memorandum of agreement in order to create a joint venture of sports betting, this will be when the decree of license sports will pass to the country, as told by the two firms.

The Chief Executive in William Hill, David Harding stated that: “We are now delighted in this chance to work together.” The combination of William Hill's bookmarking expertise and Codere’s leadership position in gaming in the Spanish-speaking world creates a very strong team to take advantage of sports betting regulation in Spain.”

Spain is emerging rapidly in the gambling market of Europe; this country should be granted licenses by the private companies if they wish to operate as an online betting sport business.

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