Codere Online sees Spain and Mexico drive 2024 growth plans
Sports Game · 2024-08-02

Codere Online sees Spain and Mexico drive 2024 growth plans

Codere Online has seen net gaming revenue gains across all its segments in the second quarter of 2024, with average monthly active players rising in both Spain and Mexico.

Following the “solid performance” in the first six months of the year, CFO Oscar Iglesias has stated that the operator has raised its full year outlook for 2024 once again.

Publishing its financial results, Codere Online declared a €51.7m [$55.8m] in total revenue and net gaming revenue of €54.4m [$58.7m], up 39% when compared to the same period last year (Q2 2023: €39.1m) with gains seen across all segments. Per segment, Spain’s revenue reached €21.8m while Mexico’s revenue was €25.3m.

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