🦾 Codere's Growth in Mexico 🇲🇽: Platform Revenue Up by 51%

🦾 Codere's Growth in Mexico 🇲🇽: Platform Revenue Up by 51%

Let's remember that Codere Group is a major transnational operator from Spain, with a strong presence in Latin America. Everything is primarily “compliant,” including licenses, taxes, combating gambling addiction, jobs for women, etc.

In one way or another, in the first half of 2024, Codere managed to earn $28.9 million USD in the Mexican market: 30%more than the earnings obtained in its home country, Spain. In Mexico, the company has both online and physical casinos.

🔤 Studies reveal that around 70 million Mexicans, or about 30% of adults, engage in gambling. This indicates a regional gambling boom in Mexico.

🔤 Furthermore, Mexico ranks second in the region for the number of fintech startups, accounting for 20% of the total. These trends are closely connected.

🔤 The Mexican gambling market is estimated to be worth approximately $1.5 billion USD annually.

#news #Mexico #gambling #betting

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