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