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Codere revenue falls in third quarter despite Online growth

15th November 2019 6:59 am GMT
Codere

Madrid-listed gaming operator Codere has reported a 4 per cent decline in third quarter revenue to €343.4m, despite a growing contribution from Online.

Revenue from Latin America fell by 9 per cent to €199.2m following declines in Argentina, Mexico and Panama, while revenue from Europe grew 2 per cent to €128.6m and Online revenue rose 36 per cent to €15.6m.

Q3 2019 Revenue Comparison (€)

Argentina revenue fell by 13 per cent to €80.6m in Q3, due mostly to [...]

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