Codere Online Luxembourg S.A.
ListedMajority owner Grupo Codere was reported in March 2026 to be exploring a sale of the wider group, making Codere Online a potential takeover or consolidation target.
Company Profile
- Company
- Codere Online Luxembourg S.A.
- Exchange : Ticker
- Nasdaq : CDRO
- Headquarters
- Madrid, Spain (ops) · Luxembourg (registered)
- Founded
- 2021
- Investor Relations
- Investor relations
- Casino Brands
About Codere Online Luxembourg S.A.
Codere Online is the online betting and casino arm of Grupo Codere, the Spanish gaming group founded in 1980, and made its Nasdaq debut in December 2021 through a SPAC merger with DD3 Acquisition Corp. II — the first Latin America-focused online gaming operator to list on a US exchange. It operates codere.es in Spain under DGOJ licence alongside online businesses in Mexico, Colombia, Panama and Argentina, sharing the Codere brand with the parent group's retail halls.
After a rocky 2025 in which a late annual filing triggered a Nasdaq delisting notice — resolved with compliance regained in June 2025 — the company has delivered record results, including Q2 2026 net gaming revenue of €69.4 million, up 27% year on year, and a raised full-year outlook of €255–265 million. Grupo Codere retains roughly 66% ownership, with the remaining shares in free float.
CDRO Stock Chart
NASDAQ:CDRO
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