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Codere grows online operations as retail continues to struggle in Q3

12th November 2020 2:30 pm GMT
Codere

Madrid-listed gaming operator Codere has reported a 58 per cent drop in revenue to €143.0m for the third quarter of 2020, with the effects of COVID-19 continuing to impact results across Latin America and Europe.

Revenue from Latin America declined by 89.5 per cent year-on-year to just €20.9m during the quarter, with Codere’s retail operations in Argentina and Panama remaining completely shut down as a result of the pandemic, while Colombia’s contribution was also minimal.

Revenue from [...]

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