Red Tiger
Red Tiger
Aspire Global

Online growth unable to offset Codere’s Argentina woes in first half

16th September 2019 6:28 am GMT

Spanish gaming operator Codere has reported a 6 per cent decline in revenue to €712.4m for the first half of 2019, with results significantly impacted by the depreciation of the Argentine Peso against the Euro.

The operator recorded growth in Mexico, Spain, Italy, Uruguay and Online during H1, which was offset by a €71.9m decrease in revenue from Argentina.

H1 2019 Revenue Comparison (€)

Total revenue from the Latin America region fell by 14 per cent year-on-year to [...]

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