Codere Online generates ?27.4m in revenue for Q2
Codere Online generates ?27.4m in revenue for Q2

Codere Online has reported total revenue of €27.4m ($27.36m) for Q2 2022, a 36% rise year-on-year, while net gaming revenue was 41% higher than Q2 2021 at €29.2m. 

Codere, which operates in Spain, Mexico and Colombia, generated €10.6m from its Mexican operation alone an 84% rise from the prior-year period.  

Revenue from Spain was greater still; Codere reached €14.1m in Q2, 12% above Q2 2021. 

Meanwhile, the operator’s net loss was down from 2021 – shrinking from €16.8m in Q2 2021 to €6.7m in Q2 2022. 

  
Read Full Article