10 Hottest Gambling Stocks Of 2025 So Far

4. Codere Online Luxembourg (NASDAQ:CDRO)

Codere Online Luxembourg operates as a sports betting and online casino company under the Greenplay and Codere brands. The company is based in Luxembourg and has operations in multiple European countries as well as Mexico, Panama, and Argentina. Its stock is up 27.91% so far this year, outperforming the S&P 500’s 4.19% YTD returns.

There is considerable excitement leading up to the earnings call scheduled for the 26th of February. At the Q3 earnings call, the management announced a 20% YoY growth with improving margins. As a result, it is expected to meet the upper end of its 2024 guidance. While concerns about the company’s delayed 2023 annual filing and a delisting notice are valid, the market is willing to overlook these concerns expecting the company to resolve them before the deadline.