Codere Online CEO criticises proposed VAT on Colombian deposits
Regulation1 min read
Codere Online chief executive Aviv Sher criticised a proposed return of VAT on deposits in Colombia, describing it as a negative development. He said the operator would stay in Latin America; its Q3 revenue reportedly rose 31% to €62.6m.
A proposal to bring back VAT on deposits in Colombia is “very unfortunate”, Codere Online CEO Aviv Sher said. The operator will stay in the Latam market despite the latest setback.
The operator’s revenue rose 31% to €62.6m in Q3.