Codere Online sees FY25 net gaming revenue EUR 220M-EUR 230M

Sees adjusted EBITDA EUR 10M-EUR 15M. Oscar Iglesias, CFO of Codere Online (CDRO), commented, “While our net gaming revenue in the third quarter was negatively impacted by a number of headwinds, the fourth quarter is off to a strong start in both Mexico and Spain and we expect to meet the net gaming revenue outlook of EUR 220-230 million and Adj. EBITDA outlook of EUR 10-15 million that we shared earlier this year.”