Earnings ·
Codere Online Luxembourg, S.A. reported preliminary unaudited financial results for the second quarter ended June 30…
CDROWCodere Online Luxembourg, S.A.
Codere Online Luxembourg, S.A. reported preliminary unaudited financial results for the second quarter ended June 30, 2026, announcing record quarterly net gaming revenue of €69.4 million, a 27% increase year-over-year, and Adjusted EBITDA of €5.8 million. The company raised its full-year 2026 outlook for net gaming revenue to €255-265 million and Adjusted EBITDA to €20-25 million. As of June 30, 2026, the firm held a total cash position of €62.6 million with no financial debt. Codere Online operates in the online gaming industry, providing sports betting and casino services primarily in Spain and Latin America.