Cirsa

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Cirsa is Spain's largest casino operator as of 2017.[1]

Cirsa
IndustryGambling
Founded1978
FounderManuel Lao Hernández
Headquarters,
Area served
Spain, Italy, and Latin America
Productsslot machines and gaming kits
Number of employees
14,685[2]
ParentBlackstone Group[3]
Websitehttps://www.cirsa.com/index.php?language=en

History

Cirsa was founded in 1978 by Manuel Lao Hernández. It is involved in the fabrication and distribution of different types of gambling machines. By 1990 they started to expand their presence outside of Spain. It started with the Dominican Republican, then in 1991 went to Venezuela, and currently over seventy countries around the world.[4] The company generated 349,328,000 million euros of revenue solely in the first quarter of 2018[5]

Blackstone takeover

In April 2018, it was announced that The Blackstone Group would acquire the company. No further details were released about the deal.[6]

References

  1. ^ "The World's Billionaires: Manuel Lao Hernandez". Forbes. Retrieved 9 February 2017.
  2. ^ "Cirsa Gaming Corporation S.A.: Private Company Information - Bloomberg". www.bloomberg.com. Bloomberg L.P. Retrieved 14 June 2018.
  3. ^ "Blackstone acquires Spain's Cirsa". iGaming Business. iGaming Business Limited. 30 April 2018. Retrieved 14 June 2018.
  4. ^ Ortega, Pedro. ".: CIRSA - Casinos, Bingos, Maquinas de juego, Centros de apuestas, juego Online:, Salones de Juego :". www.cirsa.com. CIRSA. Retrieved 14 June 2018.
  5. ^ "Cirsa Gaming Corporation S.A.: Private Company Information - Bloomberg". www.bloomberg.com. Bloomberg L.P. Retrieved 14 June 2018.
  6. ^ "Blackstone acquires Spain's Cirsa". iGaming Business. iGaming Business Limited. 30 April 2018. Retrieved 14 June 2018.