Tag: Aviv Sher
Codere Online upbeat on first-quarter earnings
7 May 2026 at 10:48am UTC-4
Brevity was the order of the day at Codere Online’s May 7 earnings call. First-quarter results were reviewed and disposed of in 31 minutes. “We are very pleased with how we ...
Codere Online posts double-digit increases
7 May 2026 at 10:41am UTC-4
Revenue for Codere Online spiked in the first quarter of 2026, up 13% to €60.3 million. Net gaming revenue was also up, to €64.4 million. The company reported quarterly ...
Mexico is a growth engine and a tax challenge for Codere Online
26 February 2026 at 1:20pm UTC-5
Codere Online CEO Aviv Sher said he was “very pleased with how we finished 2025,” in light of challenges his company faced during the year. Sher made his remarks during Codere ...
Codere Online swings from profit to loss in 2025
26 February 2026 at 1:14pm UTC-5
A profit of €3.9 million in 2024 pivoted to a loss of €1.8 million the following year, according to financial results reported by Codere Online. The igaming and sports betting ...
Codere Online delivers ultimatum to Colombia on tax
17 November 2025 at 1:58pm UTC-5
Codere Online will make no further investments in Colombia if the country’s value-added tax on deposits is renewed. That was the position of Codere executives in their third ...
Codere Online’s third-quarter Spanish gains offset in Mexico
17 November 2025 at 1:52pm UTC-5
Devaluation of the Mexican peso hurt Codere Online’s third-quarter results, reported 17 November. In constant currency, net gaming revenue was €51.6 million, up 3% from the ...
Mexican operators call for regulatory overhaul ahead of FIFA World Cup 26
18 September 2025 at 8:10am UTC-4
Mexican online gambling regulators have urged the country's government to overhaul archaic gambling laws in time for a boom in gambling activity during next year’s football ...
Codere Online blames Mexican peso for problems
31 July 2025 at 2:35pm UTC-4
Pointing to a 19% devaluation in the Mexican peso, executives of Codere Online repeatedly cited it during their 31 July investor call as the reason the company's second-quarter ...
Codere Online net gaming revenue increases 5% in fourth quarter
21 February 2025 at 6:52am UTC-5
Spanish and Latin American igaming operator Codere Online brought in net gaming revenue of €52.6 million in the fourth quarter, up 5% from the fourth quarter of 2023.
Of the ...
