Codere Online Luxembourg (NASDAQ:CDRO) S.A. is a publicly traded company incorporated under the laws of Luxembourg and listed on the Nasdaq Stock Market under the ticker CDRO. Established in December 2020 as a spin-off of Grupo Codere’s digital operations, Codere Online leverages the heritage and infrastructure of its Spanish parent to deliver a dedicated online gaming and sports betting platform. Headquartered in Luxembourg City, the company operates through locally licensed subsidiaries in multiple jurisdictions.
The company’s core business revolves around an integrated online sportsbook and casino offering. Sports enthusiasts can access pre-match and live betting across major international leagues, complemented by in-play streaming and a broad array of virtual sports. On the iGaming side, Codere Online provides a diverse library of online casino games, including video slots, table classics, live-dealer experiences, and proprietary titles developed through partnerships with leading software providers.
Codere Online serves a geographically diversified customer base spanning Europe and Latin America. In Southern Europe, the company holds licenses in Spain and Italy, while in Latin America it maintains operations in Argentina, Mexico, Colombia, Peru, Panama and Uruguay. Each jurisdiction is supported by tailored platforms that comply with local regulations, secure payment methods, and customer-service teams fluent in regional languages. This global footprint allows Codere Online to capture varying market trends and seasonal demand across both mature and emerging gaming markets.
The management team at Codere Online brings together seasoned professionals from the gaming, technology and finance sectors. Since its Nasdaq debut in March 2021, the company has focused on enhancing user experience, expanding market share in regulated territories, and investing in data analytics to optimize odds and personalization features. Guided by a board with deep industry expertise, Codere Online continues to pursue growth through new license acquisitions, strategic partnerships and ongoing platform innovation.
