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Codere sees Q3 revenue drop 12% despite Online growth

16th November 2023 9:30 am GMT

Spanish gaming operator Codere has posted a 12 per cent drop in revenue to €301.3 million for the third quarter of 2023, with results negatively impacted by temporary venue closures in Mexico and Argentina.

The temporary closures by public authorities were due to alleged non-compliance with certain regulations in both Mexico and Argentina, which pushed Q3 revenue down 6 per cent and 47 per cent respectively to €57.6 million and €52.4 million.

Italy revenue was down 5 [...]

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