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Cirsa Records Higher Revenues in Q2 2019

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Cirsa Records Higher Revenues in Q2 2019
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Spain-based gaming machine and casinos operator and manufacturer Cirsa has posted splendid figures in its second quarter results for the year.

The group profit soared to €111.3m, an increase of 8.3% year on year. Operating income reached €382.8m, up by 6.7%.

Cirsa is active in nine countries, running 148 casinos, 80,000 AWP and VLT machines, 75 bingo halls, 243 arcades and over 3,000 sports betting points of sale.

New casinos in Panama and the Dominican Republic in the fourth quarter of 2018 played their part in the revenue surge.

Good results were also recorded from the operating activities in Italy despite a tax increase while bingo locations in Spain, both from the traditional game and the electronic version, also contributed. Investment in Andalusia and Cantabria looked positive. There was a general improvement in the business in Mexico.

More than 4,000 machines had been sold by the manufacturing sector under the Unidesa brand, notably the new Java’s Galaxy and Treasury models, while the arcades AWP Sensation was showing good results.

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.

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