Major international operator Codere has reported revenues of €1.8bn, an increase of 14.4 per cent over 2015.

The group’s annual report outlines an EBITDA of 343.9m, an increase of 16.7 per cent. The group, founded in 1980, has gaming terminals in Europe and Central and South America, plus bingo halls, betting locations, casinos and race tracks.

Codere is holding its annual meeting in Madrid today and the report shows that in the year it operated over 55,000 terminals, 144 arcades, 3,984 betting shops and four casinos, plus a major online gaming website covering Spain, Mexico and Brazil.