Codere is a regional heavyweight rather than a global one — and in its core markets that's a strength. Codere Online is Nasdaq-listed (CDRO), part of the long-established Codere Group, and licensed by the DGOJ in Spain, Coljuegos in Colombia, SEGOB in Mexico and ADM in Italy, with a top-100 brand ranking in Spain. It pairs a solid football-led sportsbook with a full casino and strong Spanish-language support and local payments. If you're in Spain or Latin America (especially Mexico), it's one of the most established, best-regulated local names; outside those markets it isn't the pick. No crypto, and product depth is regional.
Bonus offers change and vary by country — always confirm the current amount, code and wagering on Codere's own site. 18+, new customers only.
Codere quick facts
| Founded | Codere Online 2014 (Codere Group, 1980) |
| Owner | Codere Online (Nasdaq: CDRO), Codere Group |
| Licensing | DGOJ (Spain), Coljuegos (Colombia), SEGOB (Mexico), ADM (Italy) and more |
| Markets | Spain, Mexico, Colombia, Panama, Argentina (Buenos Aires), Italy and more |
| Casino | Slots, table games, live casino and bingo |
| Sports | Football-led coverage, live betting, cash out |
| Payments | Local methods per market (euros in Spain); no crypto |
| Recognition | Among the 100 most valuable brands in Spain |
How we rated Codere
Overall 8.3/10 — a weighted editorial score across six criteria. How we rate →
Pros
- Nasdaq-listed (CDRO) and multi-regulated — DGOJ, Coljuegos, SEGOB, ADM
- One of the most established brands in Spain and Latin America (top-100 Spanish brand)
- Full casino (slots, live casino, bingo) plus a football-led sportsbook
- Strong Spanish-language support and local payment methods
- Well-rated iOS and Android apps
Cons
- Regional focus (Spain/LatAm/Italy) — not a global option
- Welcome offers vary by market and change often
- No cryptocurrency payments
- Product depth is regional rather than best-in-class globally
Who is Codere?
Codere is one of Spain and Latin America's best-known gambling brands. The online arm, Codere Online, launched in 2014 within the long-established Codere Group (founded 1980) and listed on the Nasdaq in December 2021 under the ticker CDRO. It runs sportsbook and casino sites market by market — strongest in Spain and Mexico, and also licensed in Colombia, Panama, Argentina (Buenos Aires) and Italy — and only accepts players where it holds a local licence.
Codere sportsbook
Codere's sportsbook is football-led with solid coverage of the sports popular in its Spanish and Latin American markets, plus live betting and cash out. Alongside it is a full casino with slots, table games, live casino and bingo. Strong regionally rather than globally deep.
Live betting
In-play betting with cash-out on the major sports; live coverage centres on its core markets.
Sports welcome bonus
New-customer offer (varies by market)
New customers get a welcome offer in each licensed market — Spain, Mexico, Colombia and more — for sport or casino depending on where you are. The exact amount and terms vary by country and change over time. Check your local Codere site for the current offer.
Key terms: Qualifying and wagering terms apply and vary by market — read them before you claim.
Codere casino
Codere Casino offers slots, table games, a live-casino section and bingo, tailored to each licensed market. Availability and titles vary by country.
Casino welcome bonus
New-customer casino offer (varies by market)
Where Codere Casino is licensed, new casino customers get a first-deposit offer, sometimes with free spins. The cap and wagering vary by market. Check your local Codere site for the current terms.
Key terms: Wagering and eligibility terms vary by market — confirm the current figures before claiming.
Codere payment methods
Codere uses regulated local payment methods rather than crypto — cards, bank transfer and local options per market, processing primarily in euros in Spain.
FIAT
Min deposit Varies by market. No Codere fees.
Crypto (Not offered)
—. Codere does not offer cryptocurrency payments; it uses regulated local methods.
Withdrawal speed: Varies by market and method; e-wallets/cards faster, bank transfer a little slower, subject to verification.
Apps & customer support
Well-rated iOS and Android apps for sport and casino, tuned to its Spanish and Latin American markets.
- Live chat
Codere FAQ
Is Codere safe and legit?
Yes — Codere Online is listed on the Nasdaq (CDRO) and licensed by strong regulators including the DGOJ in Spain, Coljuegos in Colombia, SEGOB in Mexico and ADM in Italy. It's one of the most established names in Spain and Latin America. Only play where Codere holds a local licence for your country.
Which countries is Codere available in?
Codere operates under local licences in Spain, Mexico, Colombia, Panama, Argentina (Buenos Aires) and Italy, among others. It's strongest in Spain and Mexico. It only accepts players where it holds a licence, so check availability for your country.
What is the Codere welcome bonus?
Codere offers a new-customer welcome offer in each licensed market — sport or casino depending on the country. The exact amount and terms vary by market and change over time, so always check your local Codere site before claiming.
Does Codere accept crypto?
No. Codere uses regulated local payment methods — cards, bank transfer and local options — rather than cryptocurrency.
Compare Codere with other betting sites
Our other top-scored reviews — every operator scored out of 10 on the same six criteria. See the full comparison →
How we researched this: compiled from public sources (https://en.wikipedia.org/wiki/Codere, https://optimobet.com/online-casinos/codere, https://www.codereonline.com/overview/default.aspx, https://www.ordenacionjuego.es/en/operadores-juego/operadores-licencia/operadores) and the operator's own site, then scored against our public rating method. Codere Online is Nasdaq-listed (CDRO) and licensed by the DGOJ (Spain), Coljuegos (Colombia), SEGOB (Mexico) and ADM (Italy) among others. Its welcome bonus is market-specific and changes, so it is shown qualitatively. Confirm the current offer and your local licence on your own Codere site. Outbound link is plain (no affiliate tag).