The association will be for two years and will cover the entire European territory, with the exception of Spain.
Spain.- VERSUSbet, the sports betting and online casino brand of Grupo Orenes, has become a new sponsor of the club Real Madrid. It is an association for two years, which will cover the entire European territory, with the exception of Spain.
The agreement was made official by Emilio Butragueño, Director of Institutional Relations at Real Madrid, and Javier López Cerrón, General Director of Grupo Orenes.
During the presentation, Javier López Cerrón, General Director of Grupo Orenes, said: "For us, it is a very important milestone. At VERSUSbet we always want to be close to the best, and Real Madrid is one of the most important clubs in the history of international sports, an institution with which we want to share great successes. This agreement is a fundamental pillar for our international expansion."
Meanwhile, in July, Sevilla FC and Versus presented their collaboration agreement in which the Spanish company becomes the official partner of the Sevillian club for Latin America for the next three seasons.
The reached agreement allows Versus to offer its active clients in hospitality, the use of the intellectual property and image rights of the club to promote the betting house throughout the Latin American territory where Sevilla FC has a significant number of followers and fans, and which is one of the benchmarks of LALIGA.
The company also signed an international collaboration agreement with Juventus F.C., thus becoming the official betting house of the Italian club for Latin America.
The presentation took place at the Allianz Stadium in Turin with the presence of Francesco Calvo, General Director of Revenue and Football Development at Juventus, Pedro García Cuestas, Secretary General and Director of Institutional Relations at Grupo Orenes, and Fernando Mármol, Marketing Director at Grupo Orenes.
See also: Which clubs have modified their sponsorship to play in the Champions League
According to the firm, the agreement allows Versus to offer its active clients in "hospitality", the use of the intellectual property and image rights of the club to promote the betting house in the Latin American territory. In this first stage, the alliance will last until 2027.
The casinos in the country generate 4,000 direct jobs and another 15,000 indirect jobs.
Dominican Republic.- The president of the Association of Casino Games (ADCJ), David José Moniz reported that the gambling sector contributes approximately RD$ 3,211m (USD 52,700) per year. Of that total, the casino sector is responsible for about 40 percent.
The figures were issued by the General Directorate of Internal Taxes (DGII), a dependency of the Ministry of Finance, at the consideration of José Moniz who detailed that in the country there are 2,500 sports betting branches and 70,000 lottery branches.
Regarding the productivity of the casino and how it energizes the national economy from the hotel, financial, and fiscal sectors, a corporate investigation by the ADCJ establishes that it has 4 thousand direct employees and 15 thousand indirect employees throughout the value chain.
Moniz also referred to the responsible gaming bill that is currently under treatment. "It is a law that is just being submitted now, many of the associates have been practicing it for a long time, we promote entertainment and fun, pleasant times and spaces," highlighted the head of the ADCJ and then added: "Everything has a sense of responsibility, we are an entertainment center, we are a part where we offer our clients not only bets, but also musical activities, shows, and more."
See also: Fiscal reform in the Dominican Republic: a new tax on gambling is proposed
