Noticias de ultima
  • 12.00 Unveiling innovations: WA.Technology's highlights from GAT Expo 2024
  • 12.00 Unmissable Round Table with experts on eSports at GAT
  • 12.00 SBC Expands Presence in Malta with New Office Inauguration
  • 12.00 Win Systems to present in FIJMA the new functionalities of its successful WIGOS ONE system
  • 12.00 Inside Asian Gaming CEO Provides Insight into the Dynamics of the Gaming Industry in Asia-Pacific
  • 12.00 Interblock expands reach in Spain through new strategic service provider partnerships
  • 12.00 Zitro rewrites the history of gaming in Spain
  • 12.00 BetConstruct to Take Part in iGaming Next Valletta 2024
  • 12.00 Spain Levies Fines Totaling €81 Million Against 17 Online Betting Sites – The Underlying Reasons
  • 12.00 ¡PGS 2024 prepares to redefine the outlook of the gaming industry in Latin America!
Gaming

Spain: Cirsa operating profit up by over eight per cent

Wednesday 11 de September 2019 / 03:50

2 minutos de lectura

(Spain).- Cirsa has reported an operating profit of €214.7m in the first half of the year – 8.2 per cent more than in the same period in 2018. The company, however, has not disclosed the net result for the period, but said in a statement that its operating income from January to June totalled €761.8m, 7.6 per cent more than in the same period in 2018.

Spain: Cirsa operating profit up by over eight per cent

The company went onto to report that in the second quarter of the year its operating profit stood at €111.3m, 8.3 per cent higher than in the same period of 2018. Cirsa emphasised that, from April to June, its casinos division had achieved “remarkable growth”, and that its slots “maintained the positive trend of the first quarter” while the bingo division in Spain continued “with the positive evolution of revenues.”

There was also an improvement in revenues in its sports betting division Sportium and in markets such as Mexico. In Mexico, the company highlighted the improvement in all business activities and the increase in its customer base, thanks to proper management of its product mix in its different gaming rooms.

Meanwhile in Italy, the company maintained its leadership position in machine collection both via AWP machines and via video lotteries (VLTs) although its results were reduced by the tax increases approved by the Italian government in 2018.

Its bingos division in Spain continued to reflect a positive trend, both via traditional bingo and recreational machines. The company continued to highlight the good results on the back of the remodelling and expansion project of different gaming rooms in Andalusia and the successful introduction of electronic bingo in Cantabria.

Following the presentation of its Galaxia and Tesoro de Java models at the Madrid International gaming and gambling trade show in April, the Group’s industrial area had sold more than 4,000 machines by the end of June CIRSA reported.

SENSATION, the new multi game product developed by its B2B industrial division Unidesa has reported excellent results in those Autonomous Communities where its new package of games SENSATION ROUGE has already been installed. Finally, the Forward Systems room management system continued its deployment in different gaming rooms belonging to different business groups throughout Spain.

At the end of May Cirsa reported an operating profit of €103.4m in the first quarter, 8 per cent more than in the same period last year, boosted by revenues which rose to €379m.The multinational closed the first quarter with an increase in global revenues of 8.5 per cent, according to a company statement.

Categoría:Gaming

Tags: CIRSA,

País: Spain

Event

GAT EXPO CARTAGENA DE INDIAS 2024

09 de April 2024

Unveiling innovations: WA.Technology's highlights from GAT Expo 2024

(Cartagena de Indias, SoloAzar Exclusive).- In an exclusive interview with Patricio Molloy, Business Development Latam at WA.Technology, we delve into the latest offerings showcased by this leading gaming solutions supplier firm at the GAT Expo Cartagena 2024. From a comprehensive iGaming platform to cutting-edge AI integration, discover how this company is shaping the future of gaming experiences in Latin America and beyond.

Monday 06 May 2024 / 12:00

Unmissable Round Table with experts on eSports at GAT

(Cartagena, SoloAzar Exclusive) eSports continue to grow in the Latin American gaming market. In this conference that was part of the GAT edition, a panel of specialists analyzes the present and future of eSports in the region and provides data on how to promote this growing area of ​​the betting market.

Monday 06 May 2024 / 12:00

Repercussions of FECOLJUEGOS panel on challenges and the future of industry in Latin America in GAT 2024

(Cartagena, SoloAzar Exclusive).- Evert Montero Cárdenas, President of Fecoljuegos, and four member panelists from the institution, analyzed the challenges facing gambling operators in Latin America, within recent GAT 2024 event.

Friday 03 May 2024 / 12:00

SUSCRIBIRSE

Para suscribirse a nuestro newsletter, complete sus datos

Reciba todo el contenido más reciente en su correo electrónico varias veces al mes.

PODCAST

MÁS CONTENIDO RELACIONADO