Spanish giant Cirsa Gaming Corporation made a profit of €368.8m in the year to the end of 2018.
This was 5.1 per cent up on the previous year and came despite the unfavourable exchange rate between the euro and Latin American currencies. Operating income was €1.4bn, up 5.2 per cent.
Joaquim Agut, president and CEO, said: “The year was a key one for the company due to the purchase by Blackstone. I want to highlight the confidence shown by the new shareholder both in our strategic plan and in the team at Cirsa.”
He said that the company would continue to follow the plan, seeking organic growth. Cirsa is present in nine countries, mostly in Latin America, Italy and in its domestic market.
During the year it had acquired Casino Jaragua in the Dominican Republic, Winland in Mexico and Bingo Salou in Spain. It also acquired the Le Marage casino in Agadir, Morocco, and the El Fuerte and Dorado Mall locations in Panama.
The company is active in the manufacture and operation of AWPs, VLTs and casino slots and operates arcades, 70 bingo halls, sports betting locations and 187 casinos. It has over 70,000 gaming machines and employs 14,500 people.
