Codere Put Up For Sale As Spanish AWP Earnings Slide

14 Nov, 2008 / GamblingCompliance Ltd. / James Kilsby

Former investors in Spanish gaming firm Codere have triggered a sale of the 71 percent majority shareholding in the group owned by the Martinez Sampedro family, the company’s chief financial officer announced yesterday as third-quarter results showed a decline in earnings from Codere’s domestic business on the back of the wider consumer slowdown in Spain.