Codere Online reports Q3 revenue EUR 47.7M vs. EUR 49.2M last year

Aviv Sher, CEO of Codere Online (CDRO), stated, “Our net gaming revenue reached EUR 51.6 million in the third quarter of 2025, in line with the prior year period. In Mexico, our net gaming revenue was flat despite the 5% devaluation of the Mexican peso and the low sports betting margin on the back of customer friendly results in September. Still, we managed to grow our portfolio of active customers in the country by 39% versus Q3 2024, which puts us in a strong position for the remainder of the year.”