The company Grupo Caliente was first formed in 1916 when the early version of the
Agua Caliente Racetrack was built in Tijuana. In 1998, Caliente began to diversify with the Spanish Codere Group.
Bingo was introduced, then electronic game terminals, with 900 installed at the Agua Caliente Racetrack. In 2014, the
Desert Sun reported that "the Agua Caliente Casino and Resort in Tijuana, founded... in 1928, is thriving with customers from Southern California." In 2015, the dog racing circuit was one of 20 tracks in seven US states and Tijuana - it was the lowest ranked track on the circuit, and the only location in Mexico. At the time, it had 375 dogs, down from 1,000 at its zenith. The company has collaborated with Euro Games Technology on electronic gaming lounges at the Hipódromo de Agua Caliente, opened in 2019. In 2021, some Caliente Casino machines were closed temporarily over debt to the city council in
Ensenada. As of 2022, owner of Casino Caliente was
Jorge Alberto Hank Rhon, and it was the "biggest sports betting company in Mexico." The company still operated Caliente Stadium in Tijuana with 13,333 seats at its opening. A one-time mayor of Tijuana, in January 2021, he started a campaign for governor of Baja California. At that time, Grupo Caliente and Ponce's corporation owned around 200 "off-track betting and bookmaking outlets throughout Mexico, Austria, Brazil, , Panama, Paraguay, Peru, Uruguay, Venezuela and the Caribbean." ==Divisions==