Industry News

Cirsa Reports Operating Profit of €81.1M for Q2 2021

Published

3 years ago

September 13, 2021

Niji Narayan

Reading Time: < 1 minute

Spanish gaming machine giant Cirsa has reported an operating profit of €81.1m for the second quarter of 2021.

The results were a considerable improvement on the previous quarter as the company reported that 62.4% of opening hours were available to its equipment, almost double that of the previous quarter.

The company reported that most of its improved performance was in Spain’s 17 communities or regions, through its operations in casinos, bingo halls, arcades and its bar machine operations, plus its online business.

A growth of 66% was recorded in the online gaming sector over the same period of 2020. In Italy there was only a gradual return to normality in the gaming machine industry and in Latin American countries there remains strong restrictions on capacity, hours and other services.

Cirsa operates in nine countries, with 151 casinos, 82,000 machines in arcades, 80 bingo halls, 242 arcades and nearly 3000 sports betting terminals.

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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.