Cirsa Explained

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

Cirsa
Industry:Gambling
Predecessors:-->
Successors:-->
Founded:1978
Founder:Manuel Lao Hernández
Hq Location City:Terrassa
Hq Location Country:Spain
Area Served:Spain, Italy, and Latin America
Products:slot machines and gaming kits
Owners:-->
Num Employees:14,685[2]
Parent:Blackstone Group[3]
Website:https://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 Republic, 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]

On 8 April 2022, Cirsa announced the organisation had appointed Antonio Hostench as CEO.[6]

Blackstone takeover

In April 2018, it was announced that The Blackstone Group would acquire the company. No further details were released about the deal.[7]

Notes and References

  1. Web site: The World's Billionaires: Manuel Lao Hernandez. Forbes. 9 February 2017.
  2. Web site: Cirsa Gaming Corporation S.A.: Private Company Information - Bloomberg . www.bloomberg.com . Bloomberg L.P. . 14 June 2018.
  3. Web site: Blackstone acquires Spain's Cirsa . iGaming Business . iGaming Business Limited . 14 June 2018 . en . 30 April 2018.
  4. Web site: Ortega . Pedro . .: CIRSA - Casinos, Bingos, Maquinas de juego, Centros de apuestas, juego Online:, Salones de Juego :. . www.cirsa.com . CIRSA. . 14 June 2018.
  5. Web site: Cirsa Gaming Corporation S.A.: Private Company Information - Bloomberg . www.bloomberg.com . Bloomberg L.P. . 14 June 2018.
  6. CIRSA Appoints Antonio Hostench as CEO. European Gaming. 20 April 2022.
  7. Web site: Blackstone acquires Spain's Cirsa . iGaming Business . iGaming Business Limited . 14 June 2018 . en . 30 April 2018.