Codere Online CEO: The Online Gaming Opportunity in Latin America Is Just Getting Started [Yahoo! Finance]
Codere Online Luxembourg, S.A. (CDRO)
Company Research
Source: Yahoo! Finance
Quick Read Codere Online (CDRO) posted record quarterly net gaming revenue of €60.7M in Q4 2025, with Mexico net gaming revenue surging 31% and active customers climbing 43% to reach 100,000 players in December at an average customer acquisition cost of €166, the lowest since early 2023. Full-year 2025 adjusted EBITDA more than doubled to €13.8M from €6.4M in 2024, with 2026 guidance calling for net gaming revenue of €235-245M and adjusted EBITDA of €15-20M. Mexico's gaming excise tax increased from 30% to 50% effective January 2026, but Codere is mitigating the EBITDA impact through marketing efficiency and supplier renegotiations while entering the World Cup season with reduced competition and 100,000 loyal players in its core market. A recent study identified one single habit that doubled Americans' retirement savings and moved retirement from dream, to reality. Read more here Codere Online Luxembourg, S.A. ( NASDAQ:CDRO ) just posted its best quarter ever, and CEO Aviv Sh
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CDRO
News
- RubyPlay and Codere Online join forces to elevate gaming offering in MexicoGlobeNewswire
- Codere Online Reports Financial Results for the Fourth Quarter and Full Year 2025 [Yahoo! Finance]Yahoo! Finance
- Codere Online Reports Financial Results for the Fourth Quarter and Full Year 2025GlobeNewswire
- Codere Online Launches iOS Poker App in Mexico, Advancing Its Multi-Product Expansion StrategyGlobeNewswire
- Codere Online Luxembourg (NASDAQ:CDRO) was upgraded by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a> from a "sell (d+)" rating to a "hold (c-)" rating.MarketBeat
CDRO
Sec Filings
- 3/18/26 - Form 3
- 3/18/26 - Form 3
- 3/18/26 - Form 3
- CDRO's page on the SEC website