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Codere Online Soars to 77th in Spain's Brand Finance Ranking with €87mln in Net Gaming Revenue
ByAinvest
Friday, Jul 11, 2025 3:17 pm ET1min read
Codere Online has improved its ranking in Spain's Brand Finance ranking to 77th place, up from 85th last year. The company generated €87 million in net gaming revenue and has over 50,000 average monthly active players. Strategic partnerships with Real Madrid and C.F. Monterrey have bolstered brand awareness.
Codere Online, a prominent online gaming operator in Spain and Latin America, has improved its position in Brand Finance's ranking of Spain's most valuable brands. The company moved up to 77th place from 85th in 2024, maintaining its status as the only gaming brand on the prestigious list since 2010. Codere Online's success is supported by strategic partnerships with Real Madrid and C.F. Monterrey, including activations around the FIFA Club World Cup. In Spain, where operations began in 2014, the company generated over €87 million in net gaming revenue for the twelve months ended March 31, 2025, serving more than 50,000 average monthly active players [2].The company's brand finance ranking improvement reflects its marketing and sponsorship efforts, which have bolstered brand awareness. Alberto Telias, Chief Marketing Officer of Codere Online, commented on the achievement: "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" [2].
Codere Online's success in Spain is part of its broader strategy to expand its core markets of Spain and Mexico. The company's partnerships with major football clubs have been instrumental in enhancing its brand visibility and market presence. The recent activations around the FIFA Club World Cup have further solidified these relationships, contributing to the company's overall growth and brand recognition.
Codere Online's consistent performance and strategic partnerships position it as a significant player in the Spanish gaming market. As it continues to invest in marketing and sponsorship, the company is well-positioned to maintain its leadership and expand its influence in the sector.
References:
[1] https://cryptorank.io/news/feed/2956f-bbva-bitcoin-ethereum-trading-launch
[2] https://www.stocktitan.net/news/CDRO/codere-improves-position-in-spain-s-brand-finance-xabvuxzkso8m.html
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