From Yahoo Finance: 2025-04-15 16:16:00

• Codere Online Luxembourg, S.A. (NASDAQ:CDRO) is compared against other top gambling stocks. Gambling stocks encompass various lawful activities like online gaming and bingo.
• The US online gambling industry is projected to reach $26.8 billion in gross revenue by 2025, with growth expected to $41 billion by 2028. Challenges include opposition to expansion efforts and tax increases.
• The US-regulated online sports betting market is estimated to hit $150 billion by 2024, with two large platforms dominating the market. Potential for further growth in states like Texas and California is anticipated.
• New York State saw a 20% year-on-year increase in mobile sports betting in FY2024-25, generating $2.14 billion in gross gaming revenue with significant contributions to education and gambling treatment.
• Codere Online Luxembourg, S.A. (NASDAQ:CDRO) is identified as one of the Best Casino Stocks, showing strong performance in Q4 2024 with positive net gaming revenue and adjusted EBITDA. The company’s stock has gained nearly 12% this year.
• Analysts predict a 45.35% upside potential for Codere Online Luxembourg, S.A. (NASDAQ:CDRO), ranking it 10th on the list of the 12 Best Gambling Stocks to Buy. The company’s performance in the Spanish market and shareholder value importance are highlighted.

Read more: Is Codere Online Luxembourg (CDRO) Among the Best Gambling Stocks to Buy According to Analysts?