Connect with us

WINNING COMBINATION - SOFTSWISS develops innovative iGaming software products for online casino, sports betting, and beyond. Our products can be delivered as standalone solutions or combined into a single iGaming Platform.

The future of sports betting: BETBY sportsbook is focused on innovation through deep industry knowledge, state-of-the-art software & endless customization possibilities.

Industry News

Cirsa Gaming profit increase in 2018

Published

6 years ago

on

CIRSA achives €103.4 Million operating profit in the first quarter of 2019, an increase of 8%
Reading Time: < 1 minute

 

Spanish gaming company Cirsa Gaming Corporation posted a profit of €368.8 m for the financial year of 2018, in spite of the unfavourable exchange rate situation between Euro and Latin American currencies.

This corresponds to a 5.1 per cent year on year. Joaquim Agut, the company president and CEO, said: “The year was a key one for the company due to the purchase by Blackstone. I want to highlight the confidence shown by the new shareholder both in our strategic plan and in the team at Cirsa.”

He said that the company would continue to follow the plan, seeking organic growth. Cirsa is present in nine countries, mostly in Latin America, Italy and in its domestic market.

During the year it had acquired Casino Jaragua in the Dominican Republic, Winland in Mexico and Bingo Salou in Spain. It also acquired the Le Marage casino in Agadir, Morocco, and the El Fuerte and Dorado Mall locations in Panama.

Related Topics:

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.

Advertisement

Trending (Top 7)

EuropeanGaming.eu is a premier online platform that serves as a leading information hub for the gaming and gambling industry. This industry-centric media outlet reaches over 200,000 readers monthly, providing them with compelling content, the latest news, and deep-dive insights.

Offering comprehensive coverage on all aspects of the gaming sector, EuropeanGaming.eu includes online and land-based gaming, betting, esports, regulatory and compliance updates, and technological advancements. Regular features encompass daily news articles, press releases, exclusive interviews, and insightful event reports.

The platform also hosts industry-relevant virtual meetups and conferences, and provides detailed reports, making it a one-stop resource for anyone seeking information about operators, suppliers, regulators, and professional services in the European gaming market. The portal's primary goal is to keep its extensive reader base updated on the latest happenings, trends, and developments within the gaming and gambling sector, with an emphasis on the European market while also covering pertinent global news. It's an indispensable resource for gaming professionals, operators, and enthusiasts alike.

Contact us: [email protected]

Editorial / PR Submissions: [email protected]

Copyright © 2015 - 2024 - European Gaming is part of HIPTHER. Registered in Romania under Proshirt SRL, Company number: 2134306, EU VAT ID: RO21343605. Office address: Blvd. 1 Decembrie 1918 nr.5, Targu Mures, Romania

We are constantly showing banners about important news regarding events and product launches. Please turn AdBlock off in order to see these areas.