Baron Capital Group reported a 7.74% beneficial ownership stake in Codere Online in an SEC filing dated August 14, 2026. The investment firm now holds 3,503,284 ordinary shares.

The disclosure follows Codere Online’s second-quarter 2026 financial results released on July 30. Management raised its full-year revenue and profitability outlook during the report.

The company described the period as its strongest quarter to date. Growth was driven by increased customer engagement and improved marketing efficiency.