Global Presence

Spain is the origin of Codere’s business and is consolidated as its reference market. The company is the market leader in retail sports betting and slot machines and the second largest machine operator in the country. The group is present in all regions and its presence online is also to be noted. In addition, among other halls, the company manages the Canoe Bingo Hall, the largest in Spain and one of the most important in continental Europe.

 

Codere’s business in Spain consists of the traditional machine segment, sports betting, online gaming and gaming halls -integrating traditional machines into other products such as electronic roulette and bingo or sports betting terminals -. 

 

In 2021, the company managed to extend its sports betting and other online gaming licenses for ten years and these licenses will now expire in 2032. 

 

Areas of Activity (2023):

• 9,050 machines
• 1,064 bingo seats
• 5,861 betting terminals
• 3 gaming halls
• 6,120 bars
• 806 arcades
• 23 sports betting points
• Online activity

Turnover (2023)*:

• Revenue: €224.4 million 
• EBITDA: €46.5 million 

* Note: Data taken from Codere's financial statements included in the 'Q4 2023 Earnings results' published on 03/19/2024, not independently audited. Financial information by business area is presented in accordance with generally accepted accounting principles and Codere's internal criteria.

Codere España