Customer AcquisitionCustomer acquisition momentum remained strong with 91K first-time deposits, up 21% YoY, and average cost per acquisition fell to €198.
EarningsCodere Online reported Q1 2025 net gaming revenue of €57M, exceeding the consensus estimate of €52.8M and reflecting growth of 8% YoY or 17% in constant currency.
Market ActivityThe company saw an increase in average monthly active players, reaching 147,500, driven by 3% growth in Spain and 17% growth in Mexico.