Codere Online (Nasdaq: CDRO / CDROW), a prominent player in the igaming sector across Spain and Latin America, has advanced its position in Brand Finance’s annual ranking of Spain’s most valuable brands. Moving up to 77th place from 85th last year, Codere continues as the sole gaming brand featured in the country’s Top 100 list, a streak it has maintained since 2010.
The Brand Finance ranking measures brand strength and financial value across leading Spanish businesses, placing Codere alongside widely recognised companies such as Zara, Vueling and Movistar. Codere’s sustained presence underscores its established reputation within Spain’s competitive commercial landscape.
Over the past year, Codere Online has consolidated its footprint in core markets including Spain and Mexico. Strategic partnerships with major football clubs Real Madrid and C.F. Monterrey have further enhanced brand visibility, supported by campaigns tied to global events like the FIFA Club World Cup.
Since commencing operations in Spain in 2014, Codere Online has seen steady growth. For the twelve months ending March 31, 2025, the company reported over €87 million in net gaming revenue from Spain, serving an average of more than 50,000 monthly active players. This continued performance reinforces Codere’s leadership in the Spanish igaming market while positioning the brand for further expansion across regulated markets.
Alberto Telias, Chief Marketing Officer of Codere Online, said: “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.”
