Codere Online Reports Financial Results for the Second Quarter 2025
Financial Performance: Codere Online reported a total revenue of €51.4 million and net gaming revenue of €54.8 million for Q2 2025, showing a slight increase compared to the previous year, with significant growth in Mexico despite currency devaluation.
Future Outlook: The company maintains its 2025 net gaming revenue outlook of €220-230 million and an Adjusted EBITDA outlook of €10-15 million, while also successfully repurchasing shares under its buyback plan.
Get Free Real-Time Notifications for Any Stock
Analyst Views on CDROW

No data
About the author

Codere Online to Attend Upcoming Investor Conferences
Upcoming Investor Conferences: Codere Online Luxembourg, a leading online gaming operator, will participate in the 5th Annual Craig-Hallum Online Gaming Conference on December 2, 2025, and the BTIG Digital GameDay on December 10, 2025, both virtually.
Key Management Attendees: The conferences will feature key executives including CEO Aviv Sher, former CFO Oscar Iglesias, CFO Marcus Arildsson, and Head of Investor Relations Guillermo Lancha.
Company Overview: Codere Online, launched in 2014, offers online sports betting and casino services in Spain and Latin America, supported by the physical presence of its parent company, Codere Group.
Codere Group Background: Codere Group is a multinational entertainment and leisure company with over 40 years of experience in the gaming industry, operating in seven countries across Europe and Latin America.

Codere Online Names Marcus Arildsson as Chief Financial Officer
New CFO Appointment: Codere Online Luxembourg has appointed Marcus Arildsson as CFO, effective immediately, succeeding Oscar Iglesias who will assist in the transition.
Marcus Arildsson's Background: Marcus brings over 25 years of experience in investment banking, equity markets, and corporate finance, previously holding CFO roles at Millenium Hospitality Real Estate.
Board of Directors: In addition to his CFO role, Marcus is expected to join Codere's Board of Directors, enhancing the company's leadership team.
Stock Market Reaction: Following the announcement, Codere's shares rose by 5.22% to 4.84 euros on the Frankfurt Stock Exchange.









