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Codere Online's Brand Value Ranks 77th in Spain, Maintaining Gaming Sector Leadership
ByAinvest
Thursday, Jul 10, 2025 2:35 pm ET1min read
Codere Online has risen to 77th in Spain's most valuable brands rankings, maintaining its position as the only gaming brand on the list. The company has expanded its presence in Spain and Mexico, and enhanced brand visibility through partnerships with football clubs. Codere reported over 87 million euros in net gaming revenue in Spain, with more than 50,000 active monthly players.
Codere Online (Nasdaq: CDRO) has climbed to the 77th position in Spain's most valuable brands rankings, according to Brand Finance. This marks a notable improvement from its 85th position in 2024. Codere Online remains the sole gaming brand on the list, a status it has maintained since 2010 [1].The company's success is attributed to strategic partnerships with prominent football clubs such as Real Madrid and C.F. Monterrey. These collaborations, including activations around the FIFA Club World Cup, have significantly boosted the brand's visibility and awareness [1, 2, 3].
In Spain, where Codere Online began operations in 2014, the company generated over €87 million in net gaming revenue for the twelve months ended March 31, 2025. This revenue was generated by more than 50,000 average monthly active players [1, 2, 3].
Alberto Telias, Chief Marketing Officer of Codere Online, commented on the brand's performance: "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" [1, 2, 3].
Codere Online, which operates under the umbrella of Codere Group, offers online sports betting and online casino services through its state-of-the-art website and mobile applications. The company currently operates in its core markets of Spain, Mexico, Colombia, Panama, and Argentina, and its online business is complemented by Codere Group's extensive physical presence in Spain and throughout Latin America [1, 2, 3].
References:
[1] https://www.globenewswire.com/news-release/2025/07/10/3113071/0/en/Codere-Improves-Position-in-Spain-s-Brand-Finance-Ranking.html
[2] https://www.stocktitan.net/news/CDRO/codere-improves-position-in-spain-s-brand-finance-xabvuxzkso8m.html
[3] https://www.stocktitan.net/news/CDROW/codere-improves-position-in-spain-s-brand-finance-xabvuxzkso8m.html
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