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 […]
