Who owns Codere (IT)?
As of : Codere's Italian site codere.it belongs to Codere, a private gaming group from Madrid. After two debt-for-equity deals, about 84 investment funds own Codere. The site runs under Codere.it S.r.l., which holds concession 16018 from ADM, the Italian customs and monopolies agency. It offers casino games and sports betting.
| Ultimate owner | Codere (private (owned by about 84 funds, mostly former bondholders, after the 2021 and 2024 debt-for-equity deals; Davidson Kempner ~13% the largest); Codere Online Luxembourg is Nasdaq-listed (CDRO) and majority-owned by Codere Group) |
|---|---|
| Operating company | Codere.it S.r.l., Italy · reg. P.IVA 14678721003 |
| Licences | Italy — ADM 16018 |
| Products | Casino, Sports betting |
| Website | codere.it |
| Also runs as | codere.es, codere.com.co, codere.mx |
| Companies of the other sites | Codere Online, SAU (codere.es) · Spain — DGOJ Codere Online Colombia S.A.S. (codere.com.co) · Colombia Coljuegos Contrato 2218 Libros Foráneos, S.A. de C.V. (codere.mx) · Mexico SEGOB |
| Sister casinos | 1 |
| Fines and actions | 0 |
| Owner proof | verified |
| Last checked | 14 Oct 2026 |
In numbers
- Codere owns 2 casino and betting brands (5 websites) in our data.
Who is behind it
Codere was founded in 1980 and runs arcades, betting shops and casinos in Spain, Italy and Latin America. In the 2021 and 2024 restructurings its lenders swapped debt for shares. Since then about 84 funds, mostly former bondholders, own the group, and Davidson Kempner is the largest with about 13%. The online arm, Codere Online Luxembourg, trades on Nasdaq as CDRO, and Codere Group holds the majority. In March 2026 Codere hired Jefferies and Macquarie to look for a buyer; reports put the price at over €2bn. No buyer was named by October 2026.
Licence and what it means for you
Codere.it S.r.l., VAT number P.IVA 14678721003, is on the ADM list of remote gaming concession holders with concession 16018. The concession is active, and our data shows no end date. On codere.it, Italian rules on age checks, deposit limits and self-exclusion apply. The concession covers Italy only. Codere's sites for Spain, Colombia and Mexico use their own local licences.
Licence records
| Regulator | Type | Valid | Check it |
|---|---|---|---|
| Italy — ADM 16018 | — | active | register |
What each licence means, and self-exclusion
- What an ADM licence means · self-exclusion: RUA
Sister sites
The other Codere sites are country versions of the same brand: codere.es, codere.com.co and codere.mx. Our data lists 1 separate sister brand, Codere Argentina. A self-exclusion on codere.it applies in Italy and does not reach the Spanish or Latin American sites.
1 sister casino
Same owner often means the same terms, the same support team and the same payout rules. A self-exclusion at one brand may not cover its sister sites.
Does self-exclusion at Codere (IT) cover its sister sites? · How national self-exclusion schemes work
Fines and regulator actions
Our data holds no fine, warning or licence condition against Codere.it S.r.l. or any other Codere company. A missing record does not prove that no action exists; we will add any action that a regulator publishes.
About Codere
Madrid gaming group with arcades, betting shops and casinos in Spain, Italy and Latin America. The founding family lost control in the restructurings. In March 2026 it hired Jefferies and Macquarie for a sale reported at over €2bn; no buyer was announced as of October 2026.
Headquarters: Spain · Founded: 1980 · Ownership: private (owned by about 84 funds, mostly former bondholders, after the 2021 and 2024 debt-for-equity deals; Davidson Kempner ~13% the largest); Codere Online Luxembourg is Nasdaq-listed (CDRO) and majority-owned by Codere Group
How we know, and what we could not confirm
How we know: ADM concession 16018. Codere Online Italian site.
Codere sister sites, fines and sources →
Ratings elsewhere
- Trustpilot: read the reviews there
Ratings from other websites, with their source. We do not copy their reviews, and they do not change our facts.
Questions and answers
Who owns Codere Italy?
Codere, a private Madrid gaming group owned by about 84 investment funds.
Is codere.it licensed?
Yes. Codere.it S.r.l. holds ADM concession 16018.
Has Codere Italy been fined?
Our data shows no fine against Codere.it S.r.l.
Is Codere for sale?
Codere hired two banks in March 2026 to look for a buyer. No buyer was named by October 2026.
Is Codere (IT) legit?
Codere (IT) is run by Codere.it S.r.l., which holds a licence from ADM (Italy, 16018). Check the licence in the ADM licence register. The company is private (owned by about 84 funds, mostly former bondholders, after the 2021 and 2024 debt-for-equity deals). Fines and regulator actions against Codere (IT)’s own company: 0. Sister sites with the same owner: 1. Guide: How to check a casino. We do not rate sites. A licence from your country’s regulator is the main protection.
What are Codere (IT)’s sister sites?
Codere (IT) has 1 sister casino with the same owner, Codere: Codere Argentina. Full list: all Codere sister sites.
Sources
Last checked 14 Oct 2026. Review text checked against our data on 20 Oct 2026. How we check facts. Gambling can be addictive. Help: BeGambleAware, GamStop, Gamblers Anonymous.
How casino ownership works: the data
Other languages: Suomi
