v3.26.1
RELATED PARTIES (Tables)
12 Months Ended
Dec. 31, 2025
Related Parties  
Disclosure of transactions related companies
                           
Related parties   Relation to Codere Group   Finance
costs and
exchange
differences
    Operating
expenses
    Total Costs  
Codere Apuestas España S.A.   Subsidiary of Codere Group     -       3,383       3,383  
Codere Newco S.A.U.   Parent of Codere Online     (75 )     15,809       15,734  
Codere Apuestas Galicia S.L.   Subsidiary of Codere Group     -       2,317       2,317  
Other retail companies   Subsidiary of Codere Group     -       945       945  
Latam retail companies   Subsidiary of Codere Group     -       7,313       7,313  
TOTAL         (75 )     29,767       29,692  

 

Balance at 12/31/2025

 

Related parties   Relation to Codere Group   Trade
receivables
(Note 8)
   

Current

borrowings
(Note 10)

    Trade payables
and other
current liabilities
(Note 11)
 
Codere Newco S.A.U.   Parent of Codere Online     -       (2 )     (1,822 )
Codere Operadora de Apuestas S.L. (OACO)   Subsidiary of Codere Group     -       -       (290 )
Codere Apuestas España S.L. (CAES)   Subsidiary of Codere Group     -       -       (224 )
Other retail companies   Subsidiary of Codere Group     12       (155 )     (531 )
Latam retail companies   Subsidiary of Codere Group     942       (1,651 )     (1,439 )
Total         954       (1,808 )     (4,306 )

 

For the year ended December 31, 2024

 

Related parties   Relation to Codere Group   Finance
costs and
exchange
differences
    Operating
expenses
    Total Costs  
Codere España S.A.   Subsidiary of Codere Group     -       3,708       3,708  
Codere Newco S.A.U.   Parent of Codere Online     (63 )     14,907       14,844  
Codere Apuestas Galicia S.L.   Subsidiary of Codere Group     -       2,390       2,390  
Codere Operadora de Apuestas S.L.   Subsidiary of Codere Group     -       119       119  
Iberargen, SA.   Subsidiary of Codere Group     -       5,061       5,061  
Other retail companies   Subsidiary of Codere Group     -       751       751  
Mexico retail companies   Subsidiary of Codere Group     -       3,993       3,993  
Retail Latam   Subsidiary of Codere Group     -       1,118       1,118  
TOTAL         (63 )     32,047       31,984  

 

Balance at 12/31/2024

 

Related parties   Relation to Codere Group   Current
financial assets
(Note 7)
    Trade
receivables
(Note 8)
    Current
borrowings
(Note 10)
    Trade payables
and other
current liabilities
(Note 11)
 
Codere Newco S.A.U.   Parent of Codere Online     320       -       11       1,035  
Codere Apuestas España S.L. (CAES)   Subsidiary of Codere Group     -       75       -       698  
Other retail companies   Subsidiary of Codere Group     -       173       175       956  
Other Latam retail companies   Subsidiary of Codere Group     -       901       3,179       1,269  
Total         320       1,149       3,365       3,958  

 

For the year ended December 31, 2023

 

Related parties   Relation to Codere Group   Finance
costs and
exchange
differences
    Operating
expenses
    Total Costs  
Codere España S.A.   Subsidiary of Codere Group     -       3,609       3,609  
Codere Newco S.A.U.   Parent of Codere Online     (157 )     12,087       11,930  
Codere Apuestas Galicia S.L.   Subsidiary of Codere Group     -       1,952       1,952  
Codere Operadora de Apuestas S.L.   Subsidiary of Codere Group     -       96       96  
Iberargen, SA.   Subsidiary of Codere Group     548       3,212       3,760  
Other retail companies   Subsidiary of Codere Group     -       755       755  
Mexico retail companies   Subsidiary of Codere Group     -       3,998       3,998  
Retail Latam   Subsidiary of Codere Group     -       2,903       2,903  
TOTAL         391       28,612       29,003