Codere Online reports Q2 revenue EUR 37.1M vs. EUR 27.4M last year

Aviv Sher, CEO of Codere Online, stated, “We’re glad to present a strong set of second quarter results and to continue building upon the momentum from the first quarter. Our net gaming revenue grew 34% to EUR 39 million, in line with the level from the first quarter despite the seasonal decline in sporting events. Our casino product, which has been a strategic priority for some time, contributed 54% of our revenue in the period. Mexico posted impressive top line growth of 51% in the second quarter, reaching EUR 18.0 million and surpassing Spain for the first time since launching operations in the country. In Spain, net gaming revenue grew by an equally impressive 24% to EUR 17.5 million.”