Noticias de ultima
  • 12.00 DS Virtual Gaming Drives Strategic Alliances and Regional Expansion in the Peruvian Market Starting at PGS 2025 
  • 12.00 SiGMA and its Huge Announcement Of A Strategic Partnership
  • 12.00 SBC Summit 2025 Highlights Africa with Mobile Innovation and Cultural Insight
  • 12.00 In 2024, EGBA Members Delivered €3,8 Billion in Taxes to European Governments
  • 12.00 Altenar Showcases Innovation and Global Ambitions at iGB Live 2025
  • 12.00 New Jersey Governor Signs Bill Banning University Sportsbook Partnerships
  • 12.00 Azerbaijan Approves Casino Legalization on Artificial Islands in the Caspian Sea
  • 12.00 Macau Reports Record-Breaking Q2 GGR for Casinos Since Post-Pandemic Reopening
  • 12.00 "Regulation of Remote Gaming and Remote Sports Betting in Peru": Conference at PGS 2025
  • 12.00 Canadian Football League: Soft2Bet’s Brand ToonieBet Named An Official Sports Betting and Casino Partner
Reports

Operating profit: CIRSA reports 173 million euros in the third quarter of 2024

Friday 08 de November 2024 / 12:00

2 minutos de lectura

(Terrassa).-CIRSA, a leading multinational in gaming and entertainment and the first company in the sector in Spain, generated 531 million euros in operating revenues and operating profit (EBITDA) of 173 million euros in the third quarter of 2024, 9.5% higher compared to the third quarter of 2023.

Operating profit: CIRSA reports 173 million euros in the third quarter of 2024

These results underscore the Company’s strong growth trajectory, driven by its strategy of prioritising key markets and continuously improving the offer and quality of service. As a result, operating income increased by 7.8%, while operating profit has risen by 9.5% compared to the third quarter of 2023. In the first nine months of 2024, the company reported EBITDA of 508 million euros and operating income of 1,564 million euros.

The recent acquisition of Apuesta Total, a leading company in sports betting and online gaming in Peru, reaffirms the Group’s significant commitment to the online channel in regulated markets. With this acquisition and the organic growth in this division, the online channel’s significance within the Group has increased, boosting its revenue from 14% of the Group’s total in the third quarter of 2023 to 21% in this quarter.

These results reaffirm the Company’s forecast from last June made for the entire year, reflecting the effective execution of operational plans across the different business units despite a prevailing environment of global macroeconomic and geopolitical uncertainty.

Highlights of the second quarter of 2024

CASINOS

The Casino division’s results for the third quarter of 2024 reflect a continued positive trend, driven by ongoing improvement compared to the previous quarter. The roadmap set out in recent years remains focused on the selective renovation of facilities, having remodeled several establishments throughout this quarter and renewed the machine park to improve the service offering for our customers. Likewise, the division continues with the strict execution of commercial plans and expense control policies, to offset inflationary increases mainly in LATAM countries.

SLOTS MACHINES SPAIN

The division continues to yield excellent results, both in terms of income and EBITDA, supported by a management model that focuses on the player, offering models that optimize customer satisfaction and product performance and specifically the Unidesa models “Manhattan Boom” and “Pyramid Cash Bar”.

Expense control and the achievement of commercial objectives underpin the strong results in the quarter.

SLOTS MACHINES ITALY

After a first semester focused on consolidating our operations in a challenging market environment, the division in Italy has outperformed the market, supported by product enhancements, support for points of sale, and effective cost containment measures.

The organization in Italy remains focused on continued product improvement, space design, service and staff, as well as cost control, which will be decisive factors to achieve the objectives in the last quarter of 2024.

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. The completion of the acquisition of Apuesta Total in Peru, boosted the division’s results, reinforcing the strategy of expanding the business in regulated markets.

Categoría:Reports

Tags: CIRSA,

País: Spain

Región: EMEA

Event

Peru Gaming Show 2025

18 de June 2025

DS Virtual Gaming Drives Strategic Alliances and Regional Expansion in the Peruvian Market Starting at PGS 2025 

(Lima, SoloAzar Exclusive).- With an innovative virtual offering, DS Virtual Gaming is positioning itself as a key player in the growth of the Peruvian gaming market. The company presented agile solutions for physical locations, highlighted the HD quality of its videos, and reaffirmed its commitment to local technical support. Discover how it plans to conquer new markets in Latin America in this interview with Jessica Quevedo, Head of Business Development LatAm. 

Thursday 10 Jul 2025 / 12:00

"Regulation of Remote Gaming and Remote Sports Betting in Peru": Conference at PGS 2025

(Lima, SoloAzar Exclusive).- Peru Gaming Show 2025 was once again the scene of valuable conferences on the present and future of Gaming within the Latam region. In this context, the lawyer and specialist in corporate and regulatory law, Constante Traverso was the speaker at the conference that gives title to this article, where he presented a critical look at the legal, tax and compliance aspects that affect the sector, as well as its benefits and sustainable development.

Thursday 10 Jul 2025 / 12:00

Air Dice Consolidates Its Presence in Peru: Regional Outreach and Strengthened Ties at PGS 2025

(Lima, SoloAzar Exclusive).- Air Dice reaffirms its strategic commitment to the Peruvian market during its participation in Peru Gaming Show 2025. Rocío Moitino, Director for Latin America, shared how this event not only boosted the company's regional expansion but also deepened its closeness with key operators, in an environment that focuses on regulation, innovation, and cross-sector collaboration.

Thursday 10 Jul 2025 / 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