Codere Online Launches iOS Poker App in Mexico, Advancing Its Multi-Product Expansion Strategy

Rhea-AI Summary

Codere Online (Nasdaq: CDRO) launched an iOS Poker app in Mexico on February 19, 2026, developed with Playtech and integrated into Playtech’s P2P Poker network. The app supports cash tables, multi-table tournaments, Sit & Go and fast modes, and includes responsible gaming tools.

Codere plans Android Poker and Bingo next; the company reports >1,300 unique active monthly Poker users across existing channels, signalling demand as mobile access expands.

News Market Reaction – CDRO

-0.25%

1 alert

-0.25% News Effect

On the day this news was published, CDRO declined 0.25%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Poker active users: more than 1,300 users/month

1 metrics

Poker active users more than 1,300 users/month Unique active Poker users per month in Mexico across existing channels

Market Reality Check

Price: $7.90 Vol: Volume 3,528 is below the...

low vol

$7.90 Last Close

Volume Volume 3,528 is below the 20-day average of 9,087, suggesting a relatively quiet tape ahead of this product news. low

Technical Shares trade above the 200-day MA of 7.56 at a pre-news level of 7.99, indicating a generally constructive longer-term trend.

Peers on Argus

Within Gambling peers, moves are mixed: ACEL (+2.75%), GAMB (+2.40%), INSE (+0.2...

Within Gambling peers, moves are mixed: ACEL (+2.75%), GAMB (+2.40%), INSE (+0.24%), BRAG (-1.09%), SGHC (flat). With no peers in the momentum scanner and no same-day peer headlines, this product launch appears company-specific rather than part of a broad sector rotation.

Historical Context

5 past events · Latest: Feb 10 (Neutral)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Feb 10	Earnings timing	Neutral	+0.3%	Announcement of Q4 2025 results release date and earnings call details.
Nov 20	Investor conferences	Positive	+2.6%	Participation in December 2025 online gaming and gambling investor conferences.
Nov 17	Q3 2025 earnings	Neutral	-3.5%	Flat NGR, slightly lower total revenue, reiterated 2025 guidance and buyback increase.
Nov 17	CFO appointment	Neutral	-3.5%	Appointment of new CFO Marcus Arildsson and expected board role for former CFO.
Oct 28	Earnings timing	Neutral	-4.4%	Scheduling of Q3 2025 results release and earnings call logistics.

Pattern Detected

Recent news has been dominated by earnings timing and corporate governance/management updates, with generally modest price reactions around announcements.

Recent Company History

Over the last few months, Codere Online has focused on steady communication around financial reporting and governance. It scheduled Q3 2025 results for Nov 17, 2025 and Q4 2025 results for Feb 26, 2026, and reported Q3 figures showing flat net gaming revenue and reiterated guidance. Management changes included appointing Marcus Arildsson as CFO and preparing an Extraordinary General Meeting. Together, these updates portray an operator fine-tuning leadership and maintaining guidance, while today’s Poker app launch adds a product-expansion angle to that narrative.

Market Pulse Summary

This announcement highlights Codere Online’s push to expand its Mexican offering with an iOS Poker a...

Analysis

This announcement highlights Codere Online’s push to expand its Mexican offering with an iOS Poker app tied into Playtech’s P2P network, giving access to a larger, more liquid player pool. With more than 1,300 monthly active Poker users already on existing channels, the move reinforces a multi‑product roadmap that includes Bingo and Android Poker. Investors may watch subsequent user growth, engagement trends, and how this complements prior guidance and financial updates.

Key Terms

android, player‑vs‑player (p2p), p2p poker network

3 terms

android technical

"both Bingo and the Android Poker app will form the next steps"

A widely used mobile operating system that runs on smartphones, tablets and some other connected devices; it provides the basic software that lets hardware work and apps run. Think of it as a common road network that allows device makers, app makers and advertisers to reach users — its market share, update schedule and rules for app sales and ads influence hardware demand, app revenues and digital advertising, all of which matter to investors.

player‑vs‑player (p2p) technical

"integrates directly with Playtech’s player‑vs‑player (P2P) Poker network"

Player‑vs‑player (P2P or PvP) describes game modes where real people compete directly against one another rather than against computer-controlled opponents. For investors, PvP features can drive user engagement, longer play sessions, and recurring spending because social competition encourages players to return, invite friends, and buy upgrades or subscriptions—similar to how live sports keep fans coming back and paying for tickets or merchandise.

p2p poker network technical

"Playtech’s player‑vs‑player (P2P) Poker network"

A p2p poker network is an online platform that connects individual players directly so they can play poker with one another without a central house acting as the opponent; the operator typically provides the software, matchmaking, and payment processing while taking fees or a slice of pots. For investors, it matters because user growth, game liquidity, fee structure and legal compliance determine revenue potential and regulatory risk—think of it like a marketplace where more buyers and sellers increase value but also invite tighter rules.

AI-generated analysis. Not financial advice.

Mexico City, Mexico, February 19, 2026 (GLOBE NEWSWIRE) – Codere Online Luxembourg, S.A. (Nasdaq: CDRO / CDROW) (the “Company” or “Codere Online”) a leading online gaming operator in Spain and Latin America, today announced the launch of its new iOS Poker application in Mexico, reinforcing the Company’s strategic objective to provide customers with access to a complete suite of online gaming products. As part of this multi‑product roadmap, both Bingo and the Android Poker app will form the next steps in expanding the Company’s offering in the country.

Developed in partnership with Playtech, one of the world’s most established gaming technology providers, the new iOS Poker app integrates directly with Playtech’s player‑vs‑player (P2P) Poker network. This allows Mexican users to compete in real time with players across multiple operators, ensuring deeper liquidity, a more dynamic environment and a superior competitive experience.

Codere Online continues to observe strong demand for Poker in Mexico, with more than 1,300 unique active users per month already engaging with the vertical across existing channels, a clear indicator of the product’s relevance and potential as mobile availability expands.

“Launching the Poker app for iOS in Mexico is a key step in delivering on our commitment to offer customers all major online gaming categories,” said Alberto Telias, Chief Marketing Officer at Codere Online. “Poker has quickly emerged as a highly attractive vertical for our users, and through our partnership with Playtech, we are bringing them a premium, high‑liquidity platform that elevates their experience.”

The new app offers a stable and intuitive interface with access to cash tables, multi‑table tournaments, Sit & Go formats, and fast‑paced modes. It also incorporates Codere Online’s robust responsible gaming tools to ensure that customers can enjoy Poker in a safe and controlled environment.

“This release reflects our strategy to broaden our product offering and enhance the user experience across all key gaming verticals,” said Ran Licht, Head of Product at Codere Online. “Playtech’s P2P network enables us to deliver a feature‑rich Poker environment connected to a broader operator ecosystem, and we look forward to expanding our product suite with additional verticals currently in development.”

“We are proud to partner with Codere Online and bring our P2P Poker network to their players in Mexico through their new iOS app," commented Marat Koss, Playtech Chief Interactive Gaming Officer. "Codere Online players will now boast access to one of the most liquid and competitive poker networks in the entire industry.” 

The new Poker iOS application is now available for download on the Apple App Store in Mexico.

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 throughout Latin America, forming the foundation of the leading omnichannel gaming and casino presence.  

About Codere Group
Codere Group is a multinational group dedicated 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@codereonline.com
(+34)-628-928-152

FAQ

What did Codere Online (CDRO) announce on February 19, 2026 about Mexico?

Codere Online announced the launch of an iOS Poker app in Mexico on February 19, 2026. According to the company, the app is built with Playtech and connects to Playtech’s P2P network to deliver higher liquidity and cross-operator play.

How does Codere Online’s (CDRO) new iOS Poker app in Mexico connect players?

The iOS app connects players via Playtech’s P2P Poker network, enabling cross-operator, real-time play. According to the company, this integration increases liquidity and creates deeper, more competitive tables for Mexican users.

What Poker features does Codere Online (CDRO) include in the Mexico iOS app?

The app offers cash tables, multi-table tournaments, Sit & Go formats and fast-paced modes with an intuitive interface. According to the company, it also integrates responsible gaming tools for safe and controlled player experiences.

What are Codere Online’s (CDRO) next product steps in Mexico after the iOS Poker launch?

Codere Online plans to roll out an Android Poker app and introduce Bingo as the next steps in Mexico. According to the company, these releases are part of a multi-product roadmap to broaden mobile gaming offerings.

How much Poker demand does Codere Online (CDRO) report in Mexico prior to the iOS app launch?

Codere Online reports more than 1,300 unique active Poker users per month across existing channels in Mexico. According to the company, this figure indicates strong demand and relevance as mobile availability expands.

Where can investors download Codere Online’s (CDRO) new Mexico iOS Poker app?

The Codere Online iOS Poker app for Mexico is available on the Apple App Store in Mexico now. According to the company, players can download the app immediately to access Playtech-connected Poker games and features.