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Codere's individual business divisions are reportedly attracting greater interest from potential buyers than the group as a whole. Following years of financial restructuring and a successful turnaround, can its investors finally cash in on the recovery?
The US betting picks site draws a reported 1.4 million monthly visits, with the transaction price undisclosed.
The revised agreement sets voting commitments and share-purchase restrictions for MGM’s largest shareholder, while neither party is obliged to pursue a transaction.
As a result of the operator’s definitive agreement to be acquired by Fertitta Entertainment, Caesars chose not to address its Q3 financial results with an earnings call on October 27.
An independent expert valued RCT units below the cash offer price.
The agreement would cut the amount due by around €12.1m, but completion depends on the release of approved bank financing.
The former Racing Queensland CEO will lead what is now Australia’s seventh-largest betting company.
The transaction is targeted for settlement in mid-December 2026.
The purchase also carries a 33% interest in Dunedin Casino, extending the Australian operator's first New Zealand investment to a second venue.
The deal will combine Matchbook’s peer-to-peer technology with Betdaq’s heritage.
