Agreement announced Feb. 5 seen as critical step in "a long-term business model designed to enhance racing in Brazil," Codere Brazil managing director Andre Gelfi said.
On the outskirts of boom-town Panama City, past tin roof houses and enterprising food vendors with their roadside stands, past soccer players who practice diligently in the cooler morning hours, Panama's only racetrack hums.
The international gaming company Codere has initiated an agreement with Churchill Downs Incorporated to have racing from Hipodromo de Las Americas in Mexico City simulcast throughout North America on TwinSpires.com.
In a move to provide future expansion at tracks in Latin America, international gaming company Codere announced the signing of a strategic alliance agreement with United Tote Sept. 13.
Codere, a Spanish gaming company with a presence in eight countries, has added to its portfolio by securing a 30-year contract through the company HRU to manage and revitalize Las Piedras Racetrack in Uruguay.
Codere, a prominent gaming and horse racing company based in Madrid, Spain, has purchased 35.8% of ICELA, the parent company of Hipodromo de Las Americas, Mexico's premier racetrack.
A sold-out crowd of more than 10,000, including Uruguay President Jorge Batlle, welcomed back horse racing to Maroñas National Racetrack in Montevideo.
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