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Business
August 31, 2023
Codere Online Maintains Positive Momentum with Q2 2023 Results
The leading online gaming operator in Latin America and Spain, Codere Online, released its preliminary second quarter financial results. On Thursday, the company unveiled details regarding its performance for the second quarter ended June 30, 2023, reporting strong growth of average monthly active players along with an increase in net gaming revenue. Judging by the […]
Business
June 23, 2023
Michal Elimelech Joins Codere Online’s Board of Directors
The leading online gaming operator that has a strong presence in strategic global markets such as Latin America and Spain, Codere Online, announced a new senior-level appointment. News about the appointment emerged Thursday during the company’s Annual General Meeting (AGM). As a result, Codere Online confirmed that it appointed Michal Elimelech, an expert with more […]
Business
May 11, 2023
Codere Online Net Gaming Revenue Soars in Q1 2023
The leading online gambling operator in Latin America and Spain, Codere Online, released a new trading update, revealing details regarding its performance for the first quarter of 2023. The recent preliminary figures reveal that the company enjoyed a busy quarter and has seen strong growth in net gaming revenue which hit €39.5 million ($49.1 million) […]
Business
February 28, 2023
Codere Online Net Gaming Revenue Soars by 48% For 2022
The leading online gaming operator offering services in Latin America and Spain, Codere Online, released its fourth quarter and 2022 results, showing strong growth in revenue and an increased number of active monthly players. The company said Tuesday that its net gaming revenue in Q4, 2022, hit €37.7 million ($40 million). This result, when compared […]
Industry
November 16, 2022
Codere Online’s Q3 Net Loss Increased Despite Revenue Growth
Online gaming operator with a focus on Spain and Latin America Codere Online published its financial results for the third quarter of 2022, posting €28.9 million ($30 million) in total revenue and €11.6 million ($12 million) net loss. Total Revenue Growth Nasdaq-listed Codere Online posted for the three months ended September 30, 2022, a 51% […]
Industry
May 30, 2022
Codere Online with a New Ad Campaign in Buenos Aires
Codere Online has launched its first campaign in Buenos Aires, Argentina’s capital. This comes a few months after the operator forayed into the city. The Next Big Move Is Yours Codere Online rolled out a new marketing campaign with the motto “The next big move is yours.” The campaign prompts bettors in Buenos Aires to […]
Industry
May 13, 2022
Codere Online Reported Strong First Quarter Driven By Mexico
Latin American-focused online gaming operator Codere Online posted its first quarter of 2022 financial results, picking up where it left in 2021 with double-digit growth in total revenue and net gaming revenue. Growth in Total Revenue and Net Gaming Revenue Codere Online, a former division of Godere Group which was spun as an independent business […]
Business
March 31, 2022
Codere Online Accounted for Full Year 2021 Revenue Growth
Codere Online, an independent publicly listed company spun off Madrid-based Codere Group, released its fourth quarter and full year 2021 financial report, posting flat quarterly results and 17% growth in 2021 net gaming revenue. Flat Quarter, Double-Digit 2021 Growth For the quarter ended December 31, 2021, Codere Online achieved net gaming revenue of €22.2 million […]
Casino
December 2, 2021
Codere Wraps DD3 Merger, Lists on NASDAQ, Appoints Ramsay
Codere Online has brought another chapter of its story to a successful conclusion with the completion of the DD3 Acquisition Corp. deal, allowing it to list on the NASDAQ Stock Exchange and add a new specialist to its ranks. DD3 Deal Completion and NASDAQ Listing A trifecta of happy events will chart a new course […]
Business
October 4, 2021
Codere Online Posted 43% Rise in Q2 2021 Gaming Revenue
The online gambling subsidiary of Spanish-based Codere Group released its second quarter earnings report today, posting double-digit growth in revenue year-over-year. Stable Growth Path Codere Online revealed that, in the three months ended June 30, 2021, the business generated €21 million ($24.4 million) in net gaming revenue, up 43% on €14.7 million ($17.1 million) in […]