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Codere Improves Position in Spain’s Brand Finance Ranking

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Codere Online (Nasdaq: CDRO), a prominent online gaming operator in Spain and Latin America, has improved its position in Brand Finance's ranking of Spain's most valuable brands, moving up to 77th place from 85th in 2024. The company remains the only gaming brand on the prestigious list since 2010, alongside major Spanish brands like Zara and Movistar.

The company's success is supported by strategic partnerships with Real Madrid and C.F. Monterrey, including activations around the FIFA Club World Cup. In Spain, where operations began in 2014, Codere Online generated over €87 million in net gaming revenue for the twelve months ended March 31, 2025, serving more than 50,000 average monthly active players.

Codere Online (Nasdaq: CDRO), un importante operatore di gioco online in Spagna e America Latina, ha migliorato la sua posizione nella classifica di Brand Finance dei marchi più preziosi della Spagna, salendo al 77° posto dall'85° nel 2024. L'azienda rimane l'unico marchio di gioco presente nella prestigiosa lista dal 2010, insieme a grandi brand spagnoli come Zara e Movistar.

Il successo dell'azienda è sostenuto da partnership strategiche con Real Madrid e C.F. Monterrey, comprese iniziative legate alla Coppa del Mondo per Club FIFA. In Spagna, dove le attività sono iniziate nel 2014, Codere Online ha generato oltre 87 milioni di euro di ricavi netti da gioco nei dodici mesi terminati il 31 marzo 2025, servendo più di 50.000 giocatori attivi mensili medi.

Codere Online (Nasdaq: CDRO), un destacado operador de juegos en línea en España y América Latina, ha mejorado su posición en el ranking de Brand Finance de las marcas más valiosas de España, ascendiendo al puesto 77 desde el 85 en 2024. La compañía sigue siendo la única marca de juegos en la prestigiosa lista desde 2010, junto a grandes marcas españolas como Zara y Movistar.

El éxito de la empresa se apoya en alianzas estratégicas con Real Madrid y C.F. Monterrey, incluyendo activaciones relacionadas con la Copa Mundial de Clubes de la FIFA. En España, donde comenzó a operar en 2014, Codere Online generó más de 87 millones de euros en ingresos netos por juegos durante los doce meses finalizados el 31 de marzo de 2025, atendiendo a más de 50,000 jugadores activos mensuales promedio.

Codere Online (나스닥: CDRO)는 스페인과 라틴 아메리카에서 두드러진 온라인 게임 운영사로, Brand Finance가 선정한 스페인에서 가장 가치 있는 브랜드 순위에서 2024년 85위에서 77위로 상승했습니다. 이 회사는 2010년부터 Zara와 Movistar 같은 주요 스페인 브랜드와 함께 유일한 게임 브랜드로 명단에 남아 있습니다.

회사의 성공은 레알 마드리드와 C.F. 몬테레이와의 전략적 파트너십, FIFA 클럽 월드컵 관련 활동에 힘입은 바 큽니다. 2014년부터 운영을 시작한 스페인에서는 Codere Online이 2025년 3월 31일로 끝나는 12개월 동안 8,700만 유로 이상의 순 게임 수익을 창출했으며, 월평균 50,000명 이상의 활성 이용자를 서비스하고 있습니다.

Codere Online (Nasdaq : CDRO), un acteur majeur du jeu en ligne en Espagne et en Amérique latine, a amélioré sa position dans le classement Brand Finance des marques les plus valorisées d’Espagne, passant à la 77e place contre la 85e en 2024. L’entreprise reste la seule marque de jeu présente sur cette liste prestigieuse depuis 2010, aux côtés de grandes marques espagnoles telles que Zara et Movistar.

Le succès de la société repose sur des partenariats stratégiques avec le Real Madrid et le C.F. Monterrey, incluant des activations autour de la Coupe du Monde des Clubs de la FIFA. En Espagne, où les opérations ont débuté en 2014, Codere Online a généré plus de 87 millions d’euros de revenus nets de jeu pour les douze mois se terminant le 31 mars 2025, desservant plus de 50 000 joueurs actifs mensuels en moyenne.

Codere Online (Nasdaq: CDRO), ein führender Online-Glücksspielanbieter in Spanien und Lateinamerika, hat seine Position im Ranking von Brand Finance der wertvollsten spanischen Marken verbessert und ist von Platz 85 im Jahr 2024 auf Platz 77 aufgestiegen. Das Unternehmen bleibt seit 2010 die einzige Glücksspielmarke auf der renommierten Liste, neben großen spanischen Marken wie Zara und Movistar.

Der Erfolg des Unternehmens wird durch strategische Partnerschaften mit Real Madrid und C.F. Monterrey gestützt, einschließlich Aktionen rund um die FIFA Klub-Weltmeisterschaft. In Spanien, wo die Aktivitäten 2014 begannen, erzielte Codere Online im zwölfmonatigen Zeitraum bis zum 31. März 2025 einen Netto-Spielertrag von über 87 Millionen Euro und betreute mehr als 50.000 durchschnittliche monatliche aktive Spieler.

Positive
  • Improved ranking position in Brand Finance's list of Spain's most valuable brands (77th from 85th)
  • Generated over €87 million in net gaming revenue in Spain
  • Maintains strong user base with 50,000+ average monthly active players
  • Only gaming brand consistently featured in Spain's Top 100 brands since 2010
Negative
  • None.

Madrid, Spain, July 10, 2025 – (GLOBE NEWSWIRE) Codere Online (Nasdaq: CDRO / CDROW, the “Company”), a leading online gaming operator in Spain and Latin America, today announced that the Codere brand1 has improved its position to 77th, up from 85th in 2024, in a ranking of Spain’s most valuable brands, according to Brand Finance.

Codere remains the only gaming brand on the list, marking its leadership in the sector, and maintains its record of consistently being named on the Top 100 list since 2010, putting it alongside household names such as Zara, Vueling and Movistar as titans in Spanish business.

The last year has seen Codere Online continue to expand in its core markets of Spain and Mexico, as well as leverage partnerships with footballing giants Real Madrid and C.F. Monterrey to further boost its brand awareness, including activations around the FIFA Club World Cup.

Alberto Telias, Chief Marketing Officer of Codere Online, said: “Our marketing and sponsorship efforts over the last 12 months have been reflected in the consolidation of our status as a market leading brand in Spain. We’re proud of the experiences we offer our customers, that truly allow them to connect with the Codere brand.”

Codere Online started operations in Spain in 2014. In the twelve months ended March 31, 2025, the Company generated more than 87 million euros of net gaming revenue in Spain, with more than 50,000 average monthly active players in the country.

About Codere Online
Codere Online refers, collectively, to Codere Online Luxembourg, S.A. and its subsidiaries. Codere Online launched in 2014 as part of the renowned casino operator Codere Group. Codere Online offers online sports betting and online casino through its state-of-the art website and mobile applications. Codere currently operates in its core markets of Spain, Mexico, Colombia, Panama and Argentina. Codere Online’s online business is complemented by Codere Group’s physical presence in Spain and throughout Latin America, forming the foundation of the leading omnichannel gaming and casino presence.

About Codere Group
Codere Group is a multinational group devoted to entertainment and leisure. It is a leading player in the private gaming industry, with four decades of experience and with presence in seven countries in Europe (Spain and Italy) and Latin America (Argentina, Colombia, Mexico, Panama, and Uruguay).

Contacts:

Investors and Media
Guillermo Lancha
Director, Investor Relations and Communications
Guillermo.Lancha@codere.com
(+34) 628 928 152


1 Pursuant to the terms of a relationship and license agreement, Codere Group granted Codere Online a license to use certain “Codere” trademarks.


FAQ

What is Codere Online's (CDRO) current position in Spain's Brand Finance ranking?

Codere Online improved its position to 77th place in 2025, up from 85th in 2024, in Brand Finance's ranking of Spain's most valuable brands.

How much revenue did Codere Online generate in Spain for the period ending March 31, 2025?

Codere Online generated more than €87 million in net gaming revenue in Spain for the twelve months ended March 31, 2025.

How many active monthly players does Codere Online have in Spain?

Codere Online maintains more than 50,000 average monthly active players in Spain.

What major partnerships does Codere Online have for brand awareness?

Codere Online has strategic partnerships with Real Madrid and C.F. Monterrey, including activations around the FIFA Club World Cup.

When did Codere Online start operations in Spain?

Codere Online started operations in Spain in 2014.
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