SÁB 21 DE SETEMBRO DE 2019 - 16:12hs.
Profit increased 8.3%

Cirsa records higher revenues in second quarter of 2019

Spain-based gaming machine and casinos operator and manufacturer Cirsa has posted very positive figures in its second quarter results for the year. The group profit soared to €111.3 million, an increase of 8.3% year on year. New casinos in Panama and the Dominican Republic in the fourth quarter of 2018 played their part in the revenue surge.

Cirsa is active in nine countries, running 148 casinos, 80,000 AWP and VLT machines, 75 bingo halls, 243 arcades and over 3,000 sports betting points of sale.

The group informed that the company’s profit soared to €111.3 million, an increase of 8.3% year on year. Operating income reached €382.8m, up by 6.7%.

New casinos in Panama and the Dominican Republic in the fourth quarter of 2018 played their part in the revenue surge.

Good results were also recorded from the operating activities in Italy despite a tax increase while bingo locations in Spain, both from the traditional game and the electronic version, also contributed. Investment in Andalusia and Cantabria looked positive. There was a general improvement in the business in Mexico.

More than 4,000 machines had been sold by the manufacturing sector under the Unidesa brand, notably the new Java’s Galaxy and Treasury models, while the arcades AWP Sensation was showing good results.

Source: GMB