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Martin Werner of DD3 Capital on the Codere / DDMX SPAC deal

Yet Another Value Podcast

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Coders - The Best Customer You Can Get

The spanish market is undergoing ats francition right now, because the government came out with very strong regulations regarding the marketing of on line gaming. The best customer you can get, the lowest customr acquisition, is somebody who's in your physical casino. You hit em with an ad, you get em to down lat you're at,. It's actually the lowest costway you can get somebody. Spain is the lowest coast. Eh ande there, the ones wo gamble more so, so their average tegetis higher. So long term is tonot be a market that's going to be dominated by fewer players because of tthe restrictions o comeon on publicity. But that really

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