Cirsa obtains an operating profit of 158 million in 3Q, 7.1% increment
Thursday 23 de November 2023 / 12:00
2 minutos de lectura
(Barcelona).- Cirsa closed the third quarter of the year with an operating profit of 158 million, 7.1% more than in the same period of 2022, it explained in a statement this Wednesday.
For its part, operating income was 493 million, 8.6% more than a year ago and the company has assured that the results "confirm the solid growth trend of the company's business." In the first nine months as a whole, operating income was 1,475.2 million and Ebitda was 467.1 million.
By divisions, Casinos results "continue to be marked by the improvement in the trend compared to 2022" and the company continues to execute commercial and cost efficiency plans.
It had "a very good pace of evolution in both revenue and Ebitda", while Slots Italia recorded a consolidation of growth in the first half, and online gaming and betting had significant increases in volume and margin.
After a very positive first half in revenue at an organic level in both AWP and VLT compared to 2022, in the third quarter we recorded a consolidation of growth in Italy. The full incorporation and synergies of Modena Giochi have provided the operation in Italy with an improvement and consolidation of its revenues and EBITDA.
ONLINE GAMING AND BETTING
The results of the online gaming and sports betting division were favorable in the quarter compared to the previous year, with significant growth in both volume and margin in all the markets where it operates. Efficient marketing management, as well as multichannel and customer intelligence strategies continue to drive constant improvement in results. In addition to Spain, growth in Italy and Mexico stands out.
The brand continues to strengthen thanks to our association agreement with Manchester City for the second consecutive season, and the sponsorship agreement with the America's Kings League Santander to consolidate our position in regulated Latin American markets.
ICE London 2024
06 de February 2024
“Uplatform is intensifying its focus on research and development:” Maria Bashkevich, firm’s Head of Marketing
(London, SoloAzar Exclusive).- In an interview with SoloAzar, Maria Bashkevich, Uplatform Head of Marketing, described her experience at the last ICE London. She also talked about the new trends for the games of chance industry and future plans of the company, among other subjects.
Monday 26 Feb 2024 / 12:00
“At Digitain we strive to put the player and our partners at the centre of the experience:” Mr Iain Hutchison, firm’s Chief Revenue Officer
(London, SoloAzar Exclusive).- Mr Iain Hutchison, Chief Revenue Officer, Digitain, granted an interview to SoloAzar in which he talked about the new range of products and features unveiled at ICE 2024. The company’s booth was a fully immersive experience which incorporated ‘YOUR SUCCESS’ as its marketing theme.
Friday 23 Feb 2024 / 12:00
(Gumpoldskirchen).- Visitor interest was high at the NOVOVISION™ corner of the NOVOMATIC stand as operators took a deep dive into the manifold functionalities that combine casino management, efficiency optimization and player satisfaction in one powerful CMS solution. New system functionalities premiering at ICE included extended mobile applications for casino staff and evolved AML functionalities, a new “eye” feature as well as the official launch of NOVOVISION™ smart and NOVOVISION™ tournament.
Monday 26 Feb 2024 / 12:00
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