Corporate Overview

Codere Online launched in 2014 as part of the renowned casino operator Codere Group. Codere Online offers online sports betting and online casino through its state-of-the art website and mobile application. Codere Online currently operates in its core markets of Spain, Italy, Mexico, Colombia, Panama and the City of Buenos Aires (Argentina). Codere Online became the first gaming operator in Latin America to become publicly traded on Nasdaq under ticker CDRO on December 1, 2021. Codere is the official betting partner of Real Madrid in Latin America, River Plate in Argentina and Monterrey Rayados in Mexico.

Codere Online’s business is complemented by Codere Group’s physical presence throughout Latin America, forming the foundation of the leading omnichannel gaming and casino presence in the region. Codere Group is a multinational group devoted to entertainment and leisure. It is a leading player in the private gaming industry, with four decades of experience and with a presence in seven countries across Europe (Spain and Italy) and Latin America (Argentina, Colombia, Mexico, Panama, and Uruguay).

OUR MISSION

To become the leading online gaming and sports betting operator in Latin America

OUR PLAN

  • Leverage our online business in Spain and Mexico to expand in high-growth core LatAm markets
    • Colombia, Panama, City of Buenos Aires
  • Enter expansion LatAm markets as they become regulated
    • Brazil, Chile, Peru, Puerto Rico, Uruguay, Argentina (other regions)
  • Pursue options to access the large (~60mm population) US Hispanic market

OUR TAILWINDS

  • Favorable Demographic Trends in LatAm
  • Omnichannel Strategy
  • Market Expertise
  • First Mover Advantage
  • Strong Brand

Why Invest

The Latin American digital sports / casino market remains in its early innings and is expected to represent the next wave of strategic focus for the global gaming industry.

Supported by Codere Group’s strong brand and 30+ years of operating experience in LatAm, Codere Online is uniquely positioned to become the leading player throughout the region.

Codere Online expects to leverage its differentiated omnichannel platform to attract a loyal, sustainable, high-value customer base aimed at driving growth and enhanced profitability.

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