Codere Online Luxembourg, S.A. Warrants

Codere Online Luxembourg, a sports betting company operating primarily in Spanish-speaking countries, is an overlooked stock trading under $10 with potential growth opportunities in Latin American markets and upcoming 2026 World Cup betting trends.

Codere Online reported Q2 2025 net gaming revenue of €54.8 million, slightly above the prior year, with strong performance in Mexico despite currency challenges. The company maintained its full-year outlook of €220-230 million net gaming revenue and €10-15 million Adjusted EBITDA.