Spanish gaming operator Codere has reported an operating loss of €15.4m for the third quarter of 2014, with revenue falling 7 per cent as a result of continuing currency exchange fluctuations.
Revenue rose 8 per cent versus the second quarter to €352.1m, marking the company’s first quarter-on-quarter revenue increase in two years since Q3 2012. Revenue would have increased 9 per cent year-on-year in constant currency terms.
The company incurred an operating loss of €15.4m for the [...]