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CODERE is a company which began its operations in Madrid in 1980 within a family business, with this initial phase being key to its development, as well as its continued efforts to offer its customers the most innovative and best quality services on the market. Currently, CODERE Apuestas, the company's sports betting section, is the market leader on face-to-betting and boasts the status of being the first authorised company to begin sports betting operations within Spain.

As a part of its development and transparency efforts, the company joined the Madrid Stock Exchange on 19 October 2007. CODERE currently has 3,500 sport betting machines in almost 1,000 betting shops and 10,000 bars, as well as its online version, which is available on mobiles and PCs. In Spain, it is the only sports betting company which is present in all of the regulated Autonomous Communities. In addition, it also has operations in Mexico, Panama and Colombia and has plans to expand in other regions around the world.


The partnership with Real Madrid C.F. is a statement of the principles that the company has always followed: fair play, respect for the rules and a policy of honesty with customers: the Respect for Winning. This link-up strengths this approach, given that these are values which both organisations defend. In addition, not only do both institutions have in common their Madrid origins, but also the fact they're leaders in their respective fields. Codere, Real Madrid's official betting partner, is embarking on a new chapter, which reinforces its status as market leaders and commitment to a fair and responsible approach to gaming.