Revenue for Codere Online spiked in the first quarter of 2026, up 13% to €60.3 million (US$70.9 million). Net gaming revenue was also up, to €64.4 million (US$75.7 million). The company reported quarterly results on May 7.
In Spain, Codere Online was up 16%, reaching €25.5 million (US$30.0 million), while Mexican net gaming revenues jumped 13% to €34.6 million (US$40.7 million). All other countries were down by 2%.
Codere also reversed a €700,000 (US$822,606) loss, recording a €7 million (US$8.2 million)
profit in the quarter. Cash flow was €6 million (US$7.1 million), up €4.2 million (US$4.9 million)
year over year. The company ended the quarter with €56.2 million (US$66.0 million)
cash on hand and no debt.
