Global Presence

Panama

Codere started its business in Panama in 2005 and currently manages a wide range of businesses in this market, including gaming terminals, ten casinos, gaming halls, the Presidente Remón racetrack -unique in Central America- and online gaming (since 2021 it has added casino games to its online sports betting portfolio), affording the company a leading position in the Panama market. 

Areas of Activity (2023):

• 2,341 machines
• 103 betting terminals
• 12 gaming halls
• 12 sports betting points
• 496 gaming tables
• 1 racetrack
• Online activity

Turnover Panama & Colombia (2023)*:

• Revenue: €97.7 million 
• EBITDA: €20.8 million 

* Note: Data 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 Panama