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Casino
January 7, 2025
CIRSA Secures Majority Stake in CasinoPortugal
Group CIRSA continues to expand in the European iGaming market, after the company confirmed last week that it had finalized the acquisition of a majority stake in CasinoPortugal. The deal was completed on December 20, 2024, following an initial purchase agreement between the companies signed on September 18, 2024. CIRSA Gets Regulatory Nod to Acquire […]
Business
July 17, 2024
CIRSA Takes Lead in Peru After Acquiring 70% Stake in Apuesta Total
The Blackstone-owned group that aims to be a “global leader in the leisure and entertainment sector through a commitment to society, excellence, profitability, and efficiency,” CIRSA, has announced it acquired a 70% stake in Peru’s most successful sportsbook, Apuesta Total. As a result of the acquisition, CIRSA has become the majority shareholder of the entertainment […]
Business
May 5, 2023
Blackstone-owned Cirsa Explores Potential IPO in Spain
Spanish gambling company Cirsa, owned by US asset manager Blackstone, is considering various options, including an initial public offering (IPO), according to anonymous insiders. Cirsa’s Potential Deal May Be Affected by Lottomatica’s Disappointing IPO However, Lottomatica’s recent lackluster IPO in Milan, which priced its shares at the bottom of the targeted valuation range and led […]
Casino
January 3, 2023
Cirsa Casinos in Mexico Introduced Zitro’s Mega King
Spanish casino and entertainment operator Cirsa announced it has introduced the Mega King game at its casinos in Mexico to deepen its partnership with Zitro. Engaging Game Features The addition of Zitro’s Mega King to Cirsa’s Mexican casinos will provide extra lure to the local punter as the game is popular with features such as […]
Casino
September 8, 2022
Cirsa Invests in International Expansion amidst Stellar H1 Results
According to recent financial data, Spanish gaming and leisure giant Cirsa is on track to a complete recovery. The Blackstone-owned company has returned to pre-COVID levels for the first time after the pandemic. The operator plans to use this newly found momentum to fuel its expansion in Italy and Morocco. Half One Results Indicate Steady […]
Casino
December 9, 2021
Blackstone Working on IPO for Spanish Gambling Giant Cirsa
According to Spanish daily newspaper Cinco Días, private equity group Blackstone will seek to launch an initial public offering (IPO) for Spanish gambling giant Cirsa. The deal is reportedly estimated at up to €3 billion ($3.4 billion) and could be one of the most significant for the European and Spanish gambling industries. The report states […]
Industry
November 27, 2020
Cirsa Reports Losses Due to Covid-19 Impact
Despite the unprecedented situation and multiple operating restrictions, Cirsa has proven the stability of its business model and has taken immediate steps to adapt its activity to the new environment. Despite the loss in revenue in 3Q2020, the company has started to recover rapidly and has even achieved pre-Covid results in some areas. Net Operating […]