Login/Register
Octoplay
Octoplay

Codere posts strong online growth in Q1 as retail woes continue

21st May 2021 9:34 am GMT
Codere

Madrid-listed betting and gaming operator Codere has reported a 24 per cent increase in revenue from its growing Online business to €19.8m in the first quarter of 2021.

Despite the strong growth online, total Q1 revenue fell by 54 per cent year-on-year to €127.2m as the company’s land-based operations were hit by Covid-related closures across Europe and South America.

Italy was the only market that remained fully closed during the quarter, generating zero revenue compared to revenue [...]

Continue reading

Subscribe for full access to Gaming Intelligence including premium news content, feature articles, news archive, company profiles and more. Includes subscription to the print edition of GIQ magazine and postage.

Subscribe

Already a subscriber or registered user? Login

Related Videos