Tag Archives: Oscar Iglesias

Codere Online has raised its guidance for 2023 and reiterated 2024 projections following a quarter which saw strong growth except its core markets, with the notable exception of Colombia. Group-wide revenue for the three months ending 30 September stood at €43.2m (€30.6m), an increase of 41%, with revenue from the Spanish and Mexican markets rising by 27% and 62% respectively …

Codere Online has reported revenue growth across its three core markets, with the increase in income enabling the Spanish markets-focused operator to further reduce its net losses. Group wide revenue for the first quarter of the year rose 57% to €37.6m (Q1 2022: €23.9m), whilst net gaming revenue increased 55% to €39.5m (€25.5m).  These respective growth rates cut the firm’s …

Codere Online has reflected on “stronger than expected results” across online casino amid a “strong set of results” through Q3, despite net loss soaring to 2022 highs through this latest reporting period. Revenue through July to September soared 51 per cent year-on-year to €28.9m, a figure that also represents a 5.47 per cent uptick from Q2 2022’s €27.4 as well as …

DD3 Acquisition Corp, the SPAC vehicle that intends to merge with Codere Online to become the first Spanish language markets wagering business listed on the US Nasdaq, has disclosed the company’s first executive directorship appointments. Maintaining schedules, DD3 and Codere Online are expected to merge on Thursday 18 November – following the conclusion of a shareholders meeting to finalise the …