M88 Mansion is now preparing to provide news and updates on top players, noteworthy matches and standout moments.
Operator M88 Mansion has entered its second year of collaboration with the Badminton World Federation (BWF) as its Official Betting Partner.
From 21 August to 27 August 2023, the Royal Arena in Copenhagen, Denmark, was the venue for the TotalEnergies BWF World Championships 2023.
M88 Mansion and the BWF’s previous tournaments include the TotalEnergies BWF Thomas & Uber Cup Finals 2022 in Thailand, the TotalEnergies BWF World Championships 2022 in Japan and the TotalEnergies BWF Sudirman Cup Finals 2023 in China.
With the upcoming TotalEnergies BWF Thomas & Uber Cup Finals 2024, M88 Mansion is preparing to provide news and updates on top players, noteworthy matches and standout moments.
Recently, M88 Mansion and LaLiga confirmed the continuation of their ongoing partnership for the fourth consecutive year.
Throughout this collaboration, a series of initiatives have been introduced, including the engagement of LaLiga Ambassadors, the creation of the LaLiga Experience, hosting Watch Parties and establishing the LaLiga Room.
Meanwhile, in March, the Malta Gaming Authority (MGA) and the BWF Integrity Unit signed a data-sharing agreement.
This partnership will allow BWF to keep a watch on illegal betting in badminton.
Oscar Iglesias, Codere Online CFO, said: “We continue delivering strong revenue growth, despite a lower level of marketing investment, on the back of strong brand recognition, higher quality customers and continued improvement in our product offering.
“This has allowed us to reduce our adjusted EBITDA loss by more than half to negative €4.5m in the second quarter.”
“We feel very encouraged by first half results, which continue to exceed our original expectations, and now expect to generate between €150-160m of net gaming revenue in 2023, a 7% increase at the midpoint versus our prior outlook.”
During this Q2 period, Codere Online appointed Michal Elimelech to its Board of Directors, replacing Iglesias.
Iglesias will continue to hold his role as CFO of the company, a position he’s held since January 2022.
Although not strictly in this fiscal quarter, it’s also worth mentioning that Gonzaga Higuero was also recently appointed as CEO of Codere Group.
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