FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person *
Lopez Castano Amalia
(Last) (First) (Middle)
7 RUE ROBERT STUMPER
(Street)
LUXEMBOURG L-2557
(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026 		3. Issuer Name and Ticker or Trading Symbol
Codere Online Luxembourg, S.A. [ CDRO ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Accounting Officer
 5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Ordinary Shares 15,280 (1)
D
 
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Ordinary Share Option (right to buy)   (2) 12/31/2027 Ordinary Shares 29,833 10 D  
Ordinary Share Option (right to buy)   (3) 01/01/2034 Ordinary Shares 32,000 8.49 D  
Ordinary Share Option (right to buy)   (4) 01/01/2035 Ordinary Shares 25,000 8.49 D  
Ordinary Share Option (right to buy)   (5) 01/01/2036 Ordinary Shares 30,000 8.03 D  
Explanation of Responses:
1. Includes 4,361 ordinary shares underlying restricted share units that will vest on December 31, 2026.
2. Represents options granted under the Company's prior long-term incentive plan, of which 21,318 have vested. The remaining 8,515 unvested options vest on December 31, 2026.
3. Represents options granted under the Company's long-term incentive plan ("LTIP"), of which 16,000 have vested. The remaining 16,000 unvested options vest in two equal annual installments on December 31, 2027 and December 31, 2028.
4. Represents options granted under the LTIP, of which 6,250 have vested. The remaining 18,750 unvested options vest in three equal annual installments on December 31, 2027, December 31, 2028 and December 31, 2029.
5. Represents options granted under the LTIP. These options vest in four equal annual installments on December 31, 2027, December 31, 2028, December 31, 2029 and December 31, 2030.
Remarks:
See Exhibit 24 - Power of Attorney
/s/ Yaiza Maria Rodriguez Robles, attorney-in-fact 03/18/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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ATTACHMENTS / EXHIBITS

ATTACHMENTS / EXHIBITS

EXHIBIT 24