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Latin America drives Q1 revenue growth for Codere Online

16th May 2022 10:24 am GMT

New York-listed iGaming operator Codere Online has posted a 24 per cent increase in net gaming revenue to €25.5m for the first quarter of 2022, buoyed by strong growth in Mexico and Colombia.

Spain remained its biggest iGaming market in Q1 as revenue climbed by 1 per cent to €13.2m, despite a 10 per cent drop in average monthly active players to 32,600.

Revenue from Mexico grew by 56 per cent year-on-year to €10.0m as average monthly [...]

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