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 Records Higher Revenues in Q2 2019

Published

on

Cirsa Records Higher Revenues in Q2 2019
Reading Time: < 1 minute

 

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.

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.