Last time we discussed the story of the Everygame brand, and now we will look to Latin America and a very renowned brand, Codere, a Spanish gambling operator that has been operating for almost half a century and carried a rich history. In today’s content we will discuss the history of the global brand and evaluate Codere offers, which are quite attractive in comparison to competitors.
The history of Codere
The brand was established in 1980 in the capital of Spain by two companies that were engaged in developing gaming slots and distributing them around gaming clubs throughout Spain. They started off with providing entertaining gaming slots to visitors, and after a year of successfully penetrating the local market, the Codere management decided to expand their activity by opening bookmaker houses, casinos and bingo rooms in Latin America.
The brand was financially successful after expanding their business to Latin American countries. Codere assets were constantly growing in the form of horse-racing tracks, on-ground clubs and local companies. This way, Codere was there to stay in countries, like Spain, Italy, Argentina, Mexico, Panama, Colombia and Uruguay.
Just take a look at the figures showing what Codere owns as of today:
– More than 29 000 bingo locations;
– More than 7 700 terminals for sports betting;
– 602 totalisers and 4 horse racing tracks;
– In-house online gambling development.
Another interesting fact – in their hometown of Madrid, Codere took over 30% of the bookie market and signed an agreement with FC “Real Madrid”.
The latest financial report showed that the total income of Codere Online for the 4th quarter of 2022 amounted to €35,6 million. That’s 70% more than last year.
Since 1980, Codere has really rooted in its homeland, as well as Latin American countries, and has lots of experience in providing quality gambling services to its audience. As an advertiser, it offers its affiliates very favorable conditions, which we will discuss in the next paragraph.
Overview of Codere Online offers from LGaming
The LGaming ecosystem provides Codere offers in two GEOs – Argentina and Mexico. Once again, it’s important to note that the brand in these countries has been operating for a long time, which means the product has experience and an understanding of how to work with the target audience. At the same time, players genuinely trust this brand, which is seen in the high conversion rate.
Advantages of Codere Online offers:
– Available for gambling, as well as betting;
– Reg2dep conversion rate up to 15%;
– CPA rates from $20 to $50;
– Traffic sources – FB, ASO, SEO and PPC;
– Available GEOs: MX and AR (Spain and Colombia coming soon);
– Minimal deposit of $5.
Codere Online – Best product for LatAm?
Codere is truly one of the leaders on the LATAM market, since it provides players with the highest quality product, which enables webmasters to squeeze maximum profit from enticed traffic. Codere is trusted not only by players, but also by affiliates, since, as an advertiser, Codere offers a great product for traffic monetization, competing rates and they accept the basic traffic sources. We genuinely advise you to connect Codere Online offers with your personal manager, so that you can get high conversion and a good ROI when viewing your statistics in LGaming.
Don’t forget that the LGaming ecosystem offers thousands of gambling and betting offers, and you will always find that one offer that will help you earn stable profit. COntact your personal manager to help you choose an offer, or stop by our friendly chat bot @LGamingBot, available in Telegram.