Codere plans EUR40m investment in Uruguay through 2029
Codere plans to invest EUR40m in Uruguay through 2029, according to chief executive Gonzaga Higuero in an interview. The plan covers slot-room upgrades, work at the Maroñas and Las Piedras racetracks and maintenance at the Hotel Casino Sofitel Carrasco; the company may put some funds into digital gaming if online gambling is regulated.
The planned spending covers Codere’s physical venues and could extend to digital operations if Uruguay regulates online gambling.