Codere Online reported Q2 2024 net gaming revenue of €54.4m, up 39% year on year, and said revenue increased across all segments. The company raised its full-year outlook to €205m–€215m in net gaming revenue and €2.5m–€7.5m in adjusted EBITDA, according to its results announcement.
Investors can use Codere Online’s raised revenue and EBITDA outlook to reassess expected 2024 performance.
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Codere Online reported third-quarter 2025 net gaming revenue of EUR51.6m, broadly unchanged year on year, and maintained its full-year revenue forecast of EUR220m to EUR230m. It also appointed Marcus Arildsson as CFO from 17 November, succeeding Óscar Iglesias, who is expected to join the board subject to shareholder approval on 1 December.
Codere Online reported €54.8 million in net gaming revenue for Q2 2025, up 1% year on year, while constant-currency growth was 12%. Mexico contributed €29 million, up 3% in euros and 23% in local currency; the company maintained its 2025 revenue and adjusted EBITDA outlooks.
Codere Online reported first-half 2025 net gaming revenue of €111.8m, up 4%.
Codere Online is monitoring prediction markets while exploring opportunities to expand its offering and reach, according to a media report. The report provides no further details about any planned launch or partnership.
The annual value of sports betting sponsorship deals in the Americas rose 145% between 2020 and 2025 to more than $1.45bn, according to GlobalData's Sponsorship Sector Report – Gambling & Betting – Americas 2026. The number of contracts grew 106.6% over the same period, with football the leading channel.
The yearly value of sports betting sponsorship deals across the Americas grew 145% between 2020 and 2025, reaching more than $1.45bn, according to the Sponsorship Sector Report – Gambling & Betting – Americas 2026 produced by GlobalData. Over the same period the number of contracts rose 106.6%.