Contact us Site Map null CODERE GROUP SHAREHOLDERS AND INVESTORS BUSINESS AREAS PRESS ROOM CSR You are here: Home > CODERE Group > International Presence > Panama Main magnitudes Our team History Social capital Business areas Corporate governance International presence Brazil Colombia Mexico Spain Uruguay Panama Argentina Italy International presence Panama The great economic dynamism that Panama is experiencing with the expansion of the Canal and free ports with free trade zones, is also reflected in the gambling sector. In Panama, CODERE manages a wide range of businesses : gaming terminals, casinos, betting rooms and a racetrack. The results of these areas of activity have a slow but steady growth progression, which are driven by the continuous improvements that CODERE carries out in its facilities, in order to guarantee excellence in service to its customers. In October 2005, CODERE became the new concessionaire for the Presidente Remón Racetrack in Panama City, one of the most important in the region. CODERE's subsidiary, Hípica de Panamá, tries to reproduce in the Central American racetrack the success achieved in Uruguay with the historic Maroñas Racetrack, which it has managed since 2003. CODERE has also implemented in Panama the business model called racino , which combines racing of horses with gaming terminals. 2010 was a very positive year for Panama, the country where CODERE operates the most casinos . To the 4 casinos that operated at the beginning of 2010 under the Crown Casinos brand, we must add the reopening of the Casino Colón in September 2010. In August 2010, the Company closed the purchase of Thunderbird Resorts' 63.6% stake in six casinos operating under the Fiesta brand . These operations have allowed CODERE to position itself as the leader in the Panamanian market , doubling the gaming offer that until then it had offered to its customers. In 2013, 15 years of operation of the CrowN and Fiesta Casinos brands are celebrated. In April, the new CrowN El Panama casino was inaugurated. In 2014, the Company implemented around 200 new state-of-the-art multi-game terminals, promoting entertainment in its premises and cashier systems in casinos. The 58th anniversary of the Presidente Remón Racecourse is also celebrated, this being the only racetrack in Central America. The venue also celebrates in 2014 the graduation of the 5th class of the Laffit Pincay Jr. Jinetes Technical Academy students. En 2015, la Compañía finaliza la integración de la marca CrowN a nivel nacional e impulsa acciones orientadas al cliente. Además, celebra el 59º aniversario del Hipódromo Presidente Remón, único hipódromo en Centroamérica y la graduación de la 6ª promoción de su Academia Técnica de Jinetes Laffit Pincay Jr. Áreas de actividad (2016)(*) Terminales de juego: 3.069 Salas de Juego: 12 Puntos de apuestas: 8 Hipódromos: 1 (*) Los puntos de apuestas excluyen 41 agencias asociadas para las apuestas hípicas Cifras del negocio (2016) Ingresos: 98,1 millones de euros EBITDA: 16,6 millones de euros Hitos destacados 2005: Inicio de las operaciones de CODERE en Panamá. 2006: Adquisición de CrowN Casinos. 2007: Apertura de sala de juegos CrowN Casino Hipódromo. 2008: Apertura de CrowN Casino Colon 2000. 2010: Compra de 6 casinos. 2011: Consolidación de la adquisición de seis casinos. 2012: Consolidación de la operación de casinos. 2013: Inauguración de CrowN El Panamá. 2014: 58º aniversario del Hipódromo presidente Remón, único en Centroamérica. Graduación de la 5ª promoción de los egresados en la Academia Técnica de Jinetes Laffit Pincay Jr. 2015: Finaliza el proceso de integración de la marca CrowN y celebra el 59º aniversario del Hipódromo presidente Remón, único en Centroamérica. 2016: La Compañía celebra el 60º aniversario del Hipódromo presidente Remón, único en Centroamérica. CODERE Panamá Dirección: Torre Financial Center. Edificio Tower Bank. Calle 50 y Elvira Méndez. Piso 40. Ciudad de Panamá Tfno.: +(507) 3774200 email: recepcion.panama@codere.com Hipódromo Presidente Remón Hipódromo Presidente Remón Vía José Agustín Arango, Juan Díaz Apartado 0834-02782. Panamá City Tel.: +(507) 2176060/ +(507) 3002674 web: www.hipodromo.com Presencia Internacional: Brasil Colombia México España Uruguay Panamá Argentina Italia Grupo CODERE Principales Magnitudes Nuestro Equipo Historia Capital Social Areas de Negocio Gobierno Corporativo Presencia Internacional Accionistas e Inversores Relevant facts Ratings and Emissions Presentations CODERE Corporate governance The Share and its Capital Stock Financial information Annual report Investor Office Business areas Bets Game Terminals Game rooms Online game Racetracks Press room Videos Press releases Documentation Images Contact CSR Codere Foundation CODERE Business Copyright © 2000 - 2017 codere.com Terms of use Contact us CODERE: Avda. Bruselas, 26 - Alcobendas (Madrid), 28108. Spain - Tel .: +34 91 354 28 00 | Complaints Channel