Tag Archives: Codere Online
Codere sees 34 per cent revenue increase in first quarter as Mexico and Spain surge
With Mexico up 51 per cent and Spain by 21 per cent, Codere Online saw its revenues in the first quarter boom by 34 per cent to reach €50.4m. Mexico revenue came in at €23.8m with Spain’s hitting €22.3m. Aviv Sher, CEO of Codere Online, said: “We are off to a strong start in 2024,…
Spain – Codere Online up 70 per cent in Q4 as Spain and Mexico surge
Codere Online generated €35.6m in Q4 2022, while net gaming revenue was €37.7m in the period, in both cases 70 per cent above Q4 2021 to 2022 net gaming revenue reached €122.9 mm, 48 per cent above 2021. Spain revenue reached €17.8m in Q4 2022, 42 per cent above Q4 2021. Mexico revenue was €14.5m…
Spain – Codere Online now more than double 2019’s revenue
Codere Online has released its financial results for the third quarter ended September 30, 2022, with revenue coming in at €28.9m, 51 per cent above 2021’s comparative while net gaming revenue came in at €30.6m, 54 per cent above revenue in Q3 2021. Mexico revenue was €11.4m, 80 per cent above Q3 2021, while Mexico…
Spain – Alejandro Rodino resigns as Director of Codere
Codere Online, a leading online gaming operator in Spain and Latin America, has announced that Alejandro Rodino, who has served in its Board of Directors since the consummation of the business combination between Codere Online and DD3 on November 30, 2022, has resigned as Director of the Company and been replaced by Borja Fernández. Mr. Rodino was…
Mexico – Mexico helps drive Codere Online to 38 per cent increase
Codere Online generated €22.2m in the fourth quarter and €83.2m in the year as a whole, driven by a 38 per cent increase in Mexican revenue, taking the total to €7.9m in the fourth quarter and €27.9m throughout the year. A new business combination completed on November 30, 2021, raised $116 mm ($103m net of…
