Codere Online reports Q1 revenue EUR 54.3 vs EUR 50.4M last year

Aviv Sher, CEO of Codere Online (CDRO), stated, “We are off to a good start in 2025, with net gaming revenue reaching EUR 57.0 million in the first quarter, an 8% increase compared to the same period last year. In Mexico, net gaming revenue grew 15% to EUR 30.5 million, despite the 16% devaluation of the Mexican peso. Meanwhile, net gaming revenue in Spain was slightly below last year’s at EUR 21.9 million.”