Cirsa Achieves Revenue and EBITDA Records in Q1 Thanks to Geographical Diversification

In a strong Q1 performance, Cirsa has broken revenue and EBITDA records, showcasing the power of its geographical diversification strategy. The company’s success was driven by significant growth in its online betting units, with net operating revenue reaching €576.7 million and EBITDA hitting €179.8 million. Cirsa’s online gaming and sports betting division saw a remarkable 54.8% increase in net revenue, accounting for 22.7% of the total group net revenue.

Cirsa’s strategic acquisitions, including Apuesta Total in Peru and CasinoPortugal, played a key role in expanding its horizons and boosting its financial performance. Despite challenges in the casino segment due to economic slowdown in certain markets, Cirsa remains optimistic about its growth prospects. The company’s focus on CRM strategies and slot optimization in Spain and Italy has yielded positive results, with strong revenue and EBITDA growth in these key markets.

Looking ahead, Cirsa is on track to meet its 2025 guidance, with plans for a potential IPO still in the works. The company’s commitment to geographical diversification and strategic investments positions it well for future success in the gaming industry.