Codere Company Profile – Licensing, Ownership, and Latin American Growth

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About the company:

Founded:
1980
Location:
Madrid, Spain
Employees:
10.000

About Organisation

Brief Overview

Codere operates a broad portfolio of entertainment businesses, including land-based casinos, sports betting terminals, bingo halls, and racetracks. Its digital subsidiary, Codere Online, delivers online sports betting and casino gaming across regulated markets.

Mission and Business Focus

Mission To strengthen its global footprint through a balanced omnichannel strategy in regulated markets.
Business Focus Emphasis on operational excellence in Spain and expansion across high-growth Latin American markets.

Company History & Founders

Year Founded and Evolution

1980 Codere founded by the Martínez Sampedro family in Spain
2014 Codere Online launched as the company’s digital division
2021 Codere Online becomes a standalone public company on Nasdaq (CDRO)

Key People / Founders

Martínez Sampedro family Founders
Gonzaga Higuero CEO, Codere Group & Chairman, Codere Online
Aviv Sher CEO, Codere Online
Moshe Edree Executive Vice Chairman, Codere Online

Ownership & Corporate Structure

Listed Entity Codere Online Luxembourg, S.A. (Nasdaq: CDRO)
Parent Organisation Codere S.A., owned by Codere Luxembourg 2 S.À R.L.
Major Shareholder Codere New TopCo S.A.
Public Stakeholders Institutional investors and the general public hold significant shares

Licensing & Regulatory Info

Active Gaming Licences

Codere operates under local gaming licences in each market. In Spain, Codere Online holds two licences extended until May 31, 2032, covering online sports betting and games.

Regulatory Bodies & Compliance Measures

Spain DGOJ (Directorate General for Gambling Regulation)
Mexico SEGOB
Colombia Coljuegos
Panama Junta de Control de Juegos
Uruguay National Directorate of Lotteries and Quinielas
Argentina Provincial gaming authorities

Offices & Headquarters

Main Office Locations

Group HQ Avenida de Bruselas, 26, 28108 Alcobendas, Madrid, Spain
Codere Online HQ 7 Rue Robert Stumper, L-2557 Luxembourg

Global Reach

Codere has operational presence across Spain, Mexico, Colombia, Panama, Uruguay, and Argentina, including land-based and online offerings tailored to local regulations and market demands.

Business Partnerships

Platform and Software Providers

Greentube Online gaming content
Blip Conversational AI platform
Salesforce CRM & Marketing Cloud solutions

Sponsorships & Operator Networks

Real Madrid C.F. Spain / LatAm Official Betting Partner (LatAm)
Rayados de Monterrey Mexico Official Betting Partner
SIS (Competitive Gaming) LatAm B2B esports betting product integration

Contact Details

Company Address

Codere Group HQ: Avenida de Bruselas, 26, 28108 Alcobendas, Madrid, Spain

Website: grupocodere.com


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