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Codere revenue decline continues in first half

2nd September 2014 7:05 am GMT

Spanish gaming group Codere has reported a 15 per cent drop in total operating revenue to €656.6m for the first half of 2014, following year-on-year declines in all of its core markets, in particular Argentina and Mexico.

Revenue from Argentina fell 24 per cent to €225.4m which the company attributed to a 60 per cent depreciation of the Argentine Peso against the Euro. Average daily net win per machine was down 27 per cent to €182.7m. [...]

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