At the same time, the results do not include Cirsa’s Argentina operation as Cirsa was bought by Blackstone, the venture capital group, only in March and Argentina was outside of its perimeters. However, the quarter included the results from Winland Casino in Mexico and five new venues in Spain.
The casino division saw a slight decrease in its results through the negative impact of the currency devaluation in Latin America. The street operation in Spain saw some consolidation of revenues in an improving economic background. Italy showed up well with AWPs and VLTs, despite a fall in the number of sited machines of 1,200 units through legislation.
The operation of bingo, both in traditional halls and in bingo arcades, was positive and in Mexico, where that part of the business is particularly strong, revenues were held back by the devaluation of the peso.
Cirsa group now has 14,500 employees, 146 casinos, nearly 40,000 gaming machines, 70 bingo halls, 188 arcades, 3,000 sports betting terminals and 2,500 VLTs in Spain, Italy and Latin America.
Source: GMB / Intergame Online
