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Thesis: Codere Online Luxembourg: the story is balanced — Monthly active user (MAU) growth rates in core markets, particularly Mexico which represents the largest addressable…
Watch on earnings: Mexican peso (MXN/USD) and Colombian peso (COP/USD) exchange rates - primary revenue currency exposure, Consumer sentiment in Mexico and Colombia - leading indicator for discretionary gambling spend, Regulatory announcements in Brazil regarding online gambling legalization timeline and tax framework.
One Sentence Summary:
Codere Online Luxembourg: the story is balanced — monthly active user (mau) growth rates in core markets, particularly mexico which represents the largest addressable market.
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