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Tag Archives: Cirsa

Mexico – Zitro slots Illusion and Allure into Cirsa’s Mexican casinos

An extensive deployment of Bryke’s new Video Slot cabinets has been installed at Cirsa’s Mexican Casinos, including LifeDel Valle Casino, Winland Zapopan, Emotion Vallarta, Life Mérida Casino. Johnny Viveiros Ortiz, Founder of Zitro, said: “The Cirsa Group has emblematic Casinos around the world, and the fact that they have made this important commitment to the…

Spain – Codere reports inconsistenct results in Latin America

After Spanish company Codere, reported “inconsistencies” in the latest results for its Latin American subsidiaries, the value of the firm’s shares fell more than four per cent on the Madrid Stock Exchange. The company closed the trading day on Tuesday with a fall of 4.1 per cent at a price of €3.14 per share, meaning…

Spain – Cirsa closer to full ownership of Sportium

The National Commission on Markets and Competition (CNMC) has authorized the first phase of the purchase of 50 per cent of the Sportium sports betting chain by the Cirsa Group, meaning that the group has taken a crucial step in becoming the sole owner. In July GVC Holdings, the British company that owns Ladbrokes Coral,…

Spain – Cirsa operating profit up by over eight per cent

Cirsa has reported an operating profit of €214.7m in the first half of the year – 8.2 per cent more than in the same period in 2018. The company, however, has not disclosed the net result for the period, but said in a statement that its operating income from January to June totalled €761.8m, 7.6…

Spain – Cirsa must close two Barcelona bingo halls to buy Giga

The National Commission for Markets and Competence (CNMC) has authorised the acquisition of Giga Game System Operations, a slot hall operator and games distributor in Spain, in the first phase dependent on a number of commitments on behalf of Cirsa. The new deal affects the autonomous communities of Catalonia, Valencia and Aragon. The Spanish company…

Spain – GVC Holdings to sell 50 per cent stake in Sportium Sports Betting to Cirsa

GVC Holdings, the British company that owns Ladbrokes Coral, has announced an agreement to sell its 50 per cent stake in Sportium Sports Betting to Cirsa, the Spanish gaming company controlled by private equity firm Blackstone. The price of the operation, pending regulatory authorizations, amounts to €70m. GVC, which acquired the stake through the purchase…

Spain – Cirsa boosts revenue by eight per cent

Cirsa has reported an operating profit of €103.4m in the first quarter, eight per cent more than in the same period last year, boosted by revenues which rose to €379m. The multinational closed the first quarter with an increase in global revenues of 8.5 per cent, according to a company statement. Its casinos division registered…

Spain – Spanish giant Cirsa buys Giga Games

According to reports emerging in local press Cirsa has just closed an acquisition that will allow it to substantially increase its size in Catalonia and operate a casino for the first time in its home community. The gambling group told its bondholders that it has reached an agreement to acquire Giga Games System Operation from…

Spain – Cirsa increases 2018 revenues across all its jurisdictions

Cirsa Gaming generated an operating profit of €368.8m in 2018, up 5.1 per cent from 2017, despite the strong adverse impact of the euro’s exchange rate versus other currencies in the Latin American countries where the company operates. Operating income came in at €1,469.1m, a 5.2 per cent increase over the previous financial year. Joaquim…