Codere Online logo — Online sports betting and online casino operator

Codere Online

Online sports betting and online casino operator

Founded 2014 Spain Spain 293 employees Post Ipo Equity Total: $67.00M Gaming, Sports

General Information

Company Name Codere Online
Founded Year 2014
Location Spain Spain +6
Employees 293
Industries Gaming, Sports
Funding Stage Post Ipo Equity
Social

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About Codere Online

**Codere Online** is a prominent online sports betting and casino operator that emerged as a part of the renowned Codere Group in 2014. Operating in Spain and several high-growth core markets in Latin America, including Mexico, Colombia, Panama, and the City of Buenos Aires in Argentina, the company has positioned itself using state-of-the-art website and mobile applications. **Codere Online** recently achieved a significant milestone by becoming the first publicly traded gaming operator in Latin America, trading on Nasdaq under the ticker CDRO on December 1, 2021. As an official betting partner of Real Madrid in Latin America, River Plate in Argentina, and Monterrey Rayados in Mexico, **Codere Online** has fostered a trusted and reputable brand image. The company operates as an integral part of the Codere Group, which has an established physical presence in seven countries across **Europe (Spain and Italy)** and **Latin America (Argentina, Colombia, Mexico, Panama, and Uruguay)**, forming the foundation of the leading omnichannel gaming and casino presence in the region. With its last investment of $67.00M in post-IPO equity on 01 December 2021, **Codere Online** drew support from notable investors such as **MG Capital Management L.P., Baron Capital Management**, and **DD3 Capital Partners**. With its dedication to offering the finest online gaming and sports betting experience, **Codere Online** is well-positioned for sustained growth and success in the Latin American market.

Taxonomy: Online sports betting, Online casino operator, Latin America market, Real Madrid betting partner, River Plate betting partner, Monterrey Rayados betting partner, Nasdaq listed, Omnichannel gaming, Codere Group, Private gaming industry, European market, Mobile applications, Trusted and reputable brand, Physical presence, State-of-the-art website

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Post-IPO Equity •••••• 3
Investor Investor Investor
01 Dec 2021

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FAQ About Codere Online

Online sports betting and online casino operator
Codere Online was founded in 2014.
Codere Online is headquartered in Spain.
Codere Online operates in the following industries: Gaming, Sports.
Codere Online has approximately 293 employees.
Codere Online has completed 1 funding round, raising a total of $67.00M. The latest funding stage is Post Ipo Equity.
Top alternatives and competitors to Codere Online include Caliente Interactive, Digital Orchid, Jazz Deportes , Sportingtech, GAN. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Codere Online and Caliente Interactive are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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