Real Madrid have their own contract with Codere, the most significant sports betting firm in Spain. This contract ends in 2021 and Los Blancos get about 6M Euro per year for this promoting. The deal between the two organizations began in 2016 however still continue through the years with profit results for both sides.
This is not the 1st arrangement with the betting company for Los Blancos. In 2007, Real Madrid contracted their first deal with Bwin, opening the Spanish advertise market for one of the most powerful companies in the football betting business. This firm was connected with Real Madrid until 2013, in the Galacticos era, and Los Blancos also got about 6M Euro per year.
All the Real Madrid enthusiasts found the new football betting companies showing up at that time to the Spanish market and they could find out the a variety of betting bonus codes ready to redeem their money with the company. Some years later, the sector is very crucial for La Liga teams, and most of them have betting partners, key for their financial success.
Barcelona new partnership with 1Xbet
For example, now Bwin is the certified support of Valencia CF. Betfred, another new company in the Spanish market, has signed an deal with the new advertised team RCD Mallorca and now we can see their brand name in the t-shirt. FC Barcelona have also Betfair as an crucial partner and this year they also signed another agreement with 1xBet as sponsor outside Spain. The Blaugranas have also a wide background partnering with football betting companies.
These two fields are very connected and both have to perform together to be successful. Most of the people going to to the stadiums are considering in sports betting, where the gamblers are also very happy to see any football matches. The Spanish betting market is living a fantastic era, with all the legal framework totally approved and working, and the companies having success while running in the market.