Codere SA is a gaming company, which engages in the management of gaming machines, machine halls, bingo halls, horse racing tracks, casinos and sports betting locations in Latin America, Italy and Spain. It operates through the following business areas: Gaming Machines, Gaming Halls, Betting Shops, Online Gaming, and Racetracks. The Gaming Machines offer cash prizes based on bets made by users. The Gaming Halls are entertainment centers where customers can bet on various types of gambling immediate reward, including bingo and sports betting, AWPs, slot machines or VLTs. The Sports Betting includes predicting game results and pricing a wager on the outcome. The Online Gaming business area provides online activity accessible from the web and mobile devices. The Racetracks business engages in the horse racing and betting. The company was founded by Jose Antonio Martínez Sampedro, Jesús Franco Muñoz, and Joaquín Franco Muñoz in December 1980 and is headquartered in Alcobendas, Spain.