CIRSA Posts Record 187 Million Euros Operating Profit in Q2 2025, Strengthens Global ESG Leadership

These figures represent an 11.3% rise in revenue and a 9.2% increase in profit compared to the same period last year, marking 68 consecutive quarters of growth (excluding Covid).

The strong results come shortly after CIRSA’s successful IPO on July 9, which priced at €15 per share and was oversubscribed more than eight times, attracting over 250 institutional investors. The placement included €400 million in new shares and €53 million in secondary shares, bringing the free float to 18%. CIRSA used €373 million of the proceeds to reduce debt, lowering leverage to 2.68x Ebitda.

Joaquim Agut, Executive Chairman of CIRSA, commented: “Our first quarterly results as a publicly listed Group are strong and consistent with our track record, driven by our employees’ commitment to continuously and sustainably improving our operations. The execution of our strategy, our customer focus and productivity have once again enabled CIRSA to exceed its objectives.”

In addition to its financial success, CIRSA achieved a major sustainability milestone by being ranked #1 globally in ESG performance for its sector by Morningstar Sustainalytics, a recognition of its commitment to responsible environmental, social and governance practices.

Key Q2 2025 Highlights

Casinos:
The Casino division delivered solid results, supported by recent facility renovations, including Casino de Marbella (Spain), Casino de Cuitláhuac (Mexico), and Fantastic Lima (Peru). The company added more than 500 new slot machines and enhanced its omnichannel offering, refurbishing betting corners and promoting Sportium’s online platform.

Slots Spain:
Revenue growth in the Slots Spain division continued its strong momentum, boosted by the successful launch of the Manhattan Mirage models and innovative features such as Smart GIM (Integrated Monetary Management) and uElite Next cabinets with Ticket In–Ticket Out technology.

Slots Italy:
Despite challenging market conditions, CIRSA Italy maintained its growth trajectory thanks to targeted improvement plans and the contribution of Royal Games.

Online Gaming & Sports Betting:
This division achieved a 63% revenue increase and 120% Ebitda growth compared to Q2 2024. Performance was driven by strong results in Spain and Italy, as well as the integration of Apuesta Total (Peru) and Casino Portugal. In June, CIRSA signed a strategic sponsorship with Liverpool FC, enhancing brand visibility across its operating markets.

With these results, CIRSA reaffirms its position as a global leader in gaming, entertainment, and ESG performance, while continuing to deliver profitable growth and strengthen its balance sheet..