The Codere Online arrangement brings Evolution to Panama.
Evolution has come to Panama through an agreement with Codere Online to sell its games. Codere Online's website will now have Evolution live casino and slots games.
Panama
Evolution's first agreement in Panama is this one.
Codere Online and Evolution already have several agreements in place that include Europe and other Latin American nations like Argentina, Colombia, and Mexico.
Mónica Umaña, head of operations for LatAm at Evolution, said, "We are proud of our long and successful partnership with Codere Online in many places and are happy to have Codere Online as the first operator of our games in Panama." "The Latin American market is very important to Evolution Group, and this is another big step forward for us in this area."
The Gaming Control Board in Panama has already approved a first set of Evolution's games. In the next few months, more are likely to be granted.
Salo Leder, regional manager for Codere Online in Latin America, said, "We are very excited to bring players in Panama the best experience in online casino and slot games, whether that be live games that replicate the excitement of a visit to a land-based casino or innovative online slots with engaging themes and stunning graphics and gameplay."
In its third quarter results, Codere Online said that losses were up 73% from the previous quarter.