Giant gambling operator Codere has extended its sponsorship agreement with Real Madrid football team until June 2026.

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Codere is the significant operator in Latin America, notably in Mexico, Puerto Rico, the Dominican Republic and all of Central and South America.

Under the agreement are the Codere Online markets of Argentina (Buenos Aires), Colombia, Mexico and Panama and potential markets when they are announced.

The alliance with Real Madrid began in 2016. Codere also sponsors teams in the region itself, including Rayados in Mexico and River Plate in Argentina.