Codere Online rules out Colombia investment unless tax policy changes
Codere Online says its three- and five-year plans exclude Colombia unless the government changes its tax policy. The operator’s executive vice-president, Moshe Edree, made the statement during its Q3 2025 results presentation, following a temporary 19% VAT on online gambling deposits; proposed measures could make the tax permanent.
A change in Colombia’s deposit tax could affect Codere Online’s investment plans and the market’s operators.