Spanish LaLiga football club Real Madrid has entered into a partnership with betting company Codere Apuestas.
The three-year deal will run until the end of the 2018-19 season and names Codere as the official betting company of Real Madrid.
The club’s director of institutional relations, Emilio Butragueño, said the club’s desire was for the agreement to become a “long-haul” partnership.
The agreement will see Codere provide a range of club-specific betting offers.
José Antonio Martínez Sampedro, Codere Group chairman, said: “Being part of the small group of companies that qualify as compatible with your code of values is a source of pride and satisfaction.
“Our desire is to strengthen the bonds that this agreement establishes. As an official betting company we will incorporate the best and broadest bets on the club.”