Codere completes financial restructuring of business

Madrid-based firm transferred to new holding company after Covid-19 decimates turnover

Spanish gaming operator Codere has completed its financial restructuring, resulting in the business being transferred to a new holding company, Codere New Topoco SA. The restructuring was deemed necessary in order to keep the business sustainable after its venues closed amidst Covid-19. The move sees 95% of the operating division transition to the new holding…

Casino | Codere | Organisation Restructuring