Industry News

Cirsa revenue surges

Published

6 years ago

October 2, 2018

Reading Time: < 1 minute

Cirsa, a Spanish gambling company owned by Blackstone Capital, has posted a 3.2 per cent increase in year-on-year revenues. This is welcome news for the company that suffered a loss of 3 million Euros in Latin American currency fluctuations.

The total revenue for the reporting period is 358 million euros. The adjusted EBITDA increased by 3.8 per cent to Euro 90 million.

Blackstone Capital bought Cirsa earlier this year for a 2.1 billion euro. The company boasts of nearly 150 casinos and more than 75,000 gaming machines.

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Niji Narayan

Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.