Stock Taper
Codere Online Luxembourg, S.A. is a Luxembourg-based company providing online sports betting and casino services across Latin America, Spain, Italy, Mexico, Colombia, and Panama via its website and mobile app.

Codere Online offers online sports betting and a variety of casino games through its website and mobile applications. This digital platform is their core offering, prominently marketed in their key markets of Spain and Latin America.
Codere Online faced the significant threat of being delisted from the Nasdaq exchange after receiving a delisting determination on May 22, 2025, due to a delay in filing its annual Form 20-F. The company appealed the decision and successfully filed the required report, leading to Nasdaq confirming on June 6, 2025, that Codere Online had regained compliance, thus securing its listing and alleviating significant investor concern.
Codere Online has decided to cease further investment in the Colombian market following the implementation of a 19% value-added tax (VAT) on online gambling deposits. The company's leadership has indicated that Colombia is not included in their three and five-year plans unless the tax policy is reversed, signaling a significant strategic withdrawal from what was a developing market for the company.
Overall rating: C
| PEER | PRICE | |
|---|---|---|
DKNG | $19.02 | COMPARE |
SGHC | $11.36 | COMPARE |
VNCE | $12.26 | COMPARE |
WPRT | $1.84 | COMPARE |
RAVE | $2.32 | COMPARE |
LITB | $2.84 | COMPARE |
TOUR | $5.01 | COMPARE |
NTRP | $1.93 | COMPARE |