Welcome to our dedicated page for Codere Online Luxembourg, S.A. Ordinary Shares news (Ticker: CDRO), a resource for investors and traders seeking the latest updates and insights on Codere Online Luxembourg, S.A. Ordinary Shares stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Codere Online Luxembourg, S.A. Ordinary Shares's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Codere Online Luxembourg, S.A. Ordinary Shares's position in the market.
Codere Online (NASDAQ: CDRO) has commenced operations in Buenos Aires, Argentina, under a 5-year license from LOTBA. This move allows the company to tap into a market with an adult population of nearly 2.4 million, enhancing its presence in Latin America. The gross gaming revenue generated will incur a 10% tax. Codere Online now operates across six markets, including Spain and Mexico, and aims to leverage its established brand in Argentina to attract new customers.
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