Codere Online Luxembourg S.A. (NASDAQ: CDROW) is a holding company established to consolidate and manage the digital gaming and sports-betting operations of Grupo Codere, one of Europe’s longstanding gaming enterprises. Headquartered in Luxembourg, the company oversees a portfolio of online platforms that deliver interactive wagering and casino experiences through desktop and mobile channels. It trades as an American depositary receipt on the Nasdaq, broadening its investor base while adhering to U.S. disclosure standards.
The company’s core business centers on online sports betting, virtual and live casino games, and bingo. Codere Online Luxembourg partners with leading technology providers to power its sportsbook engines and game libraries, offering real-time odds, in-play betting, and a wide selection of slot and table games. Advanced data-analytics capabilities support risk management, customer segmentation, and compliance with age-verification and anti-money-laundering requirements.
Operating in regulated markets across Europe and Latin America, Codere Online Luxembourg holds gaming licenses in jurisdictions such as Spain, Italy, Germany, Mexico, Panama, Colombia, Argentina and Uruguay. Its digital strategy complements Grupo Codere’s retail footprint, which includes racetracks, betting shops and casinos. The Luxembourg entity enables unified governance of international online operations and aligns with the group’s broader digital transformation initiatives.
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