Madrid, Spain and Tel Aviv, Israel, February 10, 2026 (GLOBE NEWSWIRE) – Codere Online Luxembourg, S.A. (Nasdaq: CDRO / CDROW) (the “Company” or “Codere Online”) a leading online gaming operator in Spain and Latin America, today announced that it will release its fourth quarter 2025 results prior to 8:30AM US Eastern Time on February 26, 2026. At 8:30AM US Eastern Time on the same day, Codere Online’s management will host a conference call to discuss the results and provide a business update. The Company’s ...

Group 1 - Codere Online Luxembourg, S.A. is a leading online gaming operator in Spain and Latin America, participating in upcoming investor conferences [1] - Key management attendees for the conferences include CEO Aviv Sher, former CFO Oscar Iglesias, CFO Marcus Arildsson, and Head of Investor Relations Guillermo Lancha [1] - Codere Online was launched in 2014 as part of the Codere Group, offering online sports betting and casino services through its website and mobile applications [3] Group 2 - Codere Group is a multinational entertainment and leisure company with over four decades of experience in the private gaming industry, operating in seven countries across Europe and Latin America [4] - The company operates in core markets including Spain, Mexico, Colombia, Panama, and Argentina, with a strong omnichannel presence combining online and physical gaming [3][4] - Upcoming investor conferences include the Annual Craig-Hallum Online Gaming Conference on December 2, 2025, and the BTIG Digital GameDay on December 10, 2025, both held virtually [5]

Core Viewpoint - Codere Online has appointed Marcus Arildsson as the new Chief Financial Officer, succeeding Oscar Iglesias, who will assist in the transition and is expected to join the Board of Directors pending shareholder approval [1][5]. Company Overview - Codere Online is a leading online gaming operator in Spain and Latin America, offering online sports betting and casino services through its website and mobile applications [6]. - The company operates in key markets including Spain, Mexico, Colombia, Panama, and Argentina, and is part of the Codere Group, which has a strong physical presence in these regions [6][7]. Leadership Background - Marcus Arildsson brings over 25 years of international finance experience, having worked in investment banking and corporate finance, including significant roles at Lehman Brothers and Merrill Lynch [2]. - He has executed over €9 billion in cross-border M&A, IPO, and equity-linked transactions and has advised on more than €5 billion in M&A, debt, and equity transactions during his tenure at Arcano Partners [2]. - Arildsson has held CFO and executive roles at various companies, including Millenium Hospitality Real Estate, Sonae Sierra, and Ladorian [3]. Executive Statements - Arildsson expressed enthusiasm about joining Codere Online, highlighting the company's strong execution and vision [4]. - CEO Aviv Sher emphasized the value of Arildsson's leadership and experience in executing the company's plans, while also acknowledging Oscar Iglesias's contributions during the transition [5]. - Chairman Gonzaga Higuero welcomed Arildsson, noting his extensive experience in corporate finance and investment banking as a significant asset to the leadership team [5].

Core Points - Codere Online Luxembourg, S.A. will release its third quarter 2025 results on November 17, 2025, before 8:30 AM US Eastern Time [1] - A conference call will be held at 8:30 AM US Eastern Time on the same day to discuss the results and provide a business update [1] - Earnings press release and related materials will be available on Codere Online's website [2] Company Overview - Codere Online operates as a leading online gaming operator in Spain and Latin America, offering online sports betting and casino services [3] - The company was launched in 2014 as part of the Codere Group, which has a strong physical presence in Latin America [3] - Codere Group is a multinational entertainment and leisure company with over four decades of experience in the private gaming industry, operating in seven countries across Europe and Latin America [4]

Core Viewpoint - Codere Online's Chief Financial Officer, Oscar Iglesias, is stepping down for personal reasons, with his departure effective upon the completion of a transition to his successor or by December 31, 2025 [1][4] Company Transition - The Board of Directors plans to appoint Mr. Iglesias to the Board, where he previously served from 2021 to 2023, ensuring his continued involvement in the company's strategic direction [2] - The company has initiated a search for a new Chief Financial Officer to ensure a seamless transition [4] Contributions and Background - Mr. Iglesias has been with Codere Online since 2021 and has played a significant role in its growth, including leading the company through its successful public listing in 2021 via a merger with DD3 Acquisition Corp. II [3] - Prior to joining Codere Online, Mr. Iglesias spent six years at Codere Group, serving as Global Head of Corporate Development and Deputy CFO [3] Company Overview - Codere Online operates as a leading online gaming operator in Spain and Latin America, offering online sports betting and casino services through its website and mobile applications [5] - The company is part of Codere Group, a multinational group with a strong presence in the private gaming industry across seven countries in Europe and Latin America [6]

Core Insights - Codere Online reported a net gaming revenue of €54.8 million for Q2 2025, a slight increase of 1% compared to Q2 2024, with a 12% increase in constant currency terms [4] - The company experienced a net loss of €3.1 million in H1 2025, compared to a net loss of €0.2 million in H1 2024, primarily due to adverse exchange rate impacts [4][10] - The company maintains its net gaming revenue outlook for 2025 at €220-230 million and an Adjusted EBITDA outlook of €10-15 million [4][10] Financial Performance - Total revenue for Q2 2025 was €51.4 million, with net gaming revenue at €54.8 million, reflecting a 1% increase year-over-year [4][7] - In Mexico, net gaming revenue grew by 3% to €29.0 million in Q2 2025, with a 23% increase in local currency terms [4][7] - The average monthly active players increased by 7% to 155.1 thousand in Q2 2025 compared to the previous year [2] Market Dynamics - The company faced challenges in various markets but managed to grow its active customer base in Mexico by 36% compared to Q2 2024 [4] - The total cash position as of June 30, 2025, was €45.2 million, indicating a stable liquidity position [4] - The company has repurchased $0.7 million of its shares under a $5.0 million share buyback plan, which is set to expire on March 3, 2026 [9]

Core Insights - Codere Online strengthens its partnership with Club de Futbol Monterrey by becoming the main sponsor of Rayadas, a prominent women's team in Liga MX Femenil [1][5] - The Codere Online logo debuted on the Rayadas match-day jersey on July 13, 2025, during the Apertura 25 tournament [2] - The partnership aims to enhance the visibility of women's football in Mexico through various campaigns and fan experiences [4] Company Overview - Codere Online operates as a leading online gaming operator in Spain and Latin America, offering online sports betting and casino services [8] - The company has a strong presence in core markets including Spain, Mexico, Colombia, Panama, and Buenos Aires, Argentina [8] - Codere Group, the parent company, has over four decades of experience in the entertainment and leisure industry, operating in seven countries across Europe and Latin America [9] Sponsorship Details - The sponsorship includes branding on the Rayadas jersey and participation in key matches, such as the "Campeón de Campeonas" trophy [2][5] - Codere Online's commitment to women's sports is highlighted by its previous partnership with the men's team, Rayados, and its ongoing support for Rayadas [5][6] - The collaboration reflects shared values of equity and excellence, aiming to promote the growth of women's football [4][6]

Core Viewpoint - Codere Online Luxembourg, S.A. is set to release its second quarter 2025 results on July 31, 2025, at 8:30 AM US Eastern Time, followed by a conference call for discussion and business updates [1]. Company Overview - Codere Online operates as a leading online gaming operator in Spain and Latin America, offering online sports betting and casino services through its advanced website and mobile applications [3]. - The company is part of the Codere Group, which has a strong presence in the private gaming industry with operations in seven countries across Europe and Latin America [4]. - Codere Online was launched in 2014 and has established a significant omnichannel gaming presence, supported by the physical operations of Codere Group in Latin America [3][4]. Upcoming Events - The earnings press release and related materials will be available on Codere Online's website, and details for the conference call will also be accessible there [2]. - A recording of the conference call will be made available after the event [2].

Core Insights - Codere Online has improved its brand ranking in Spain, moving from 85 in 2024 to 77 in 2025 according to Brand Finance [1] - The company remains the only gaming brand in the Top 100 most valuable brands in Spain, highlighting its leadership in the sector [2] - Codere Online has expanded its operations in Spain and Mexico, leveraging partnerships with major football clubs to enhance brand awareness [3] Company Performance - In the twelve months ending March 31, 2025, Codere Online generated over 87 million euros in net gaming revenue in Spain, with an average of more than 50,000 monthly active players [4] - Codere Online operates in multiple countries including Spain, Mexico, Colombia, Panama, and Argentina, providing online sports betting and casino services [5] Company Background - Codere Online is part of the Codere Group, a multinational entertainment and leisure company with over four decades of experience in the private gaming industry [6]

Company Overview - Codere Online is a leading online gaming operator in Spain and Latin America, operating under Nasdaq: CDRO / CDROW [1] - The company offers online sports betting and casino services through its advanced website and mobile applications, with a presence in Spain, Mexico, Colombia, Panama, and Argentina [7] Annual General Meeting (AGM) Highlights - The AGM held on June 30, 2025, resulted in the favorable resolution of all 24 agenda items, including the confirmation and renewal of all currently serving Board members, maintaining the existing Board composition [1] - A.G. Burnett was appointed as Chairman of the Compliance Committee, effective July 1, 2025, succeeding Mark Dunn [3][6] Board of Directors - A.G. Burnett brings over 20 years of experience in gaming regulation and law, having previously served as Chairman and Executive Director of the Nevada Gaming Control Board from 2012 to 2017 [4] - Burnett is recognized for his expertise in gaming law, regulatory compliance, and sports betting law, and currently advises gaming clients at McDonald Carano [5] Codere Group Background - Codere Group is a multinational entertainment and leisure company with four decades of experience in the private gaming industry, operating in seven countries across Europe and Latin America [8]