Connect with us
Prague Gaming & TECH Summit 2025 (25-26 March)
728x90 banner available here

Latest News

CIRSA achives €103.4 Million operating profit in the first quarter of 2019, an increase of 8%

Published

on

CIRSA achives €103.4 Million operating profit in the first quarter of 2019, an increase of 8%Reading Time: 3 minutes

 

CIRSA, a leading global gaming and entertainment company and the sector’s first company in Spain, generated an operating profit of €103.4 million in the first quarter of 2019, that is, an increase of an 8% over the same period in 2018. Operating income amounted to €379 million, up 8.5% on the same period in 2018.

 

Q1 2019 Highlights


CASINOS

The Casinos division closed the first quarter with a significant improvement in its results, following the strict implementation of foreseen plans in all territories where the company operates. Highlights were the successful re-launch in the fourth quarter of 2018 of the Jaragua Casino in the Dominican Republic and the new El Fuerte, El Dorado and Aguadulce halls in Panama, as well as the start-up of 14 expansion and remodelling projects in various casinos.


SLOTS

The Slots division in Spain continued to consolidate the positive revenue trend, with an improvement in the first quarter of 2019 based on both operating and commercial efficiency and product management, particularly with the successful introduction of the On The Rocks and Galaxy models, developed by the B2B -UNIDESA industrial division.


ITALY

In Italy, the company maintains its leadership in machine revenue in both AWP machines and video lottery terminals (VLTs), mainly due to the optimisation of the product mix and a tough selection of points of sale in the HORECA and arcades channels. Thus, global revenue continued to grow even though its results were reduced by the tax increases approved by the Italian government in 2018.


BINGO HALLS

The Bingo halls division in Spain managed to significantly improve its revenue thanks, among others, to the project to remodel and expand the product in the Andalusia halls, the improvements made in the application of Dynamic Bingo in Madrid, and the replacement of the Binjocs machines by Univers in Catalonia, a model developed by UNIDESA.
 

MEXICO

In Mexico the improvement of revenue in all existing business activities in the country was noticeable, as well as the remarkable increase in the customer base.


B2B – UNIDESA

The Industrial division maintained its leadership in the HORECA channel thanks to the new On The Rocks model. Also important was the successful introduction of Univers in arcades and bingo halls in Catalonia, and the continued sales of the SENSATION model for arcades throughout Spain. The Interactive area marked the good results of the Forward Systems for arcade management, recently introduced, both in casinos in Peru and in arcades in Spain.


ARCADES

In the first quarter of 2019, this division continued the trend of recent quarters, improving on the 2018 results. A highlight was the gradual introduction of the SENSATION machine from the UNIDESA industrial division. In the same period, the new TOKA image and concept continued to be implemented in various arcades, as well as the B2B – UNIDESA’s Forward Systems management solution.


SPORTIUM

Sportium significantly increased net revenue in the first quarter of the year in all territories, as did the Digital channel. Having completed deployment in all autonomous regions in Spain, organic growth comes hand-in-hand with technological improvements, with new functionalities on the Sportplay and Sportbox terminals, and exclusive content such as horse and greyhounds races on international racetracks and dog tracks.

 

About CIRSA:

CIRSA is a global gaming and entertainment leader and Spain’s first company in the sector. Its offering in 9 countries consists of 150 casinos, more than 75,000 gaming machines, 70 bingo halls, 191 arcades, 3,000 sport betting points and the industrial division, which is in charge of the research, design and manufacturing of gaming machines, arcade management solutions and machine interconnection. It also has online gaming licences in Spain and Colombia.

As of 1 January 2019, CIRSA reports its financial statements in accordance with IFRS 16 (International Financial Reporting Standards).

 


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: CIRSA achives €103.4 Million operating profit in the first quarter of 2019, an increase of 8%

George Miller (Gyorgy Molnar) started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

Latest News

Soft2Bet Wins Three Major Awards at Prestigious Global Gaming Awards EMEA 2025

Published

on

Reading Time: 2 minutes

 

Soft2Bet, the leading provider of turnkey solutions to iGaming operators worldwide, is delighted to announce it has won three major awards at the Global Gaming Awards EMEA 2025

The announcement came on the first day of the ICE Barcelona event and is testament to Soft2Bet’s commitment to innovation, excellence and leadership in the iGaming industry.

The award categories included:

  • “Executive of the Year” for Uri Poliavich, Founder and CEO of Soft2Bet
  • “Platform Provider of the Year” for Soft2Bet’s turnkey platform
  • “Product Launch of the Year” for Soft2Bet’s unique gamification solution MEGA

The wins recognise Soft2Bet’s position as a major force in the iGaming industry and highlight its leadership in turnkey solutions and groundbreaking innovations such as Motivational Engineering Gaming Application (MEGA), which has redefined the player experience through gamification, content and engagement.

Soft2Bet cements industry leadership 

Soft2Bet continues to set the bar for the online gaming industry and its cutting-edge platform that offers an extensive range of services to operators and their players. Recognised for its seamless integration, robust scalability and the flexibility it provides to deliver highly-localised solutions, the group’s platform has gone from strength to strength over the past 12 months with launches in major markets such as Romania, Italy, Sweden, Greece, Ontario (Canada) and Mexico. Its adaptable infrastructure delivers full turnkey solutions that enable operators to provide unique experiences to their players that are supported by a powerful technology platform that brings scale and liquidity across multiple regions and verticals, making it the preferred choice for top-tier gaming brands.In addition to its platform, Soft2Bet’s MEGA has strengthened its reputation as a game-changer. Our cutting-edge casino gamification solution drives player engagement and sustainable revenues for Soft2Bet’s B2B partners. Winning three Global Gaming EMEA Awards is further recognition of the power of gamification and Soft2Bet’s solutions which play a major role in operators committing to partnering with a platform that drives innovation, growth while bringing the best user experience to life for their players.

 

The post Soft2Bet Wins Three Major Awards at Prestigious Global Gaming Awards EMEA 2025 appeared first on European Gaming Industry News.

Continue Reading

Latest News

Playzia Signs Major Deal with SOFTSWISS, Expanding Reach with Top Aggregator Platform

Published

on

Reading Time: 2 minutes

 

Playzia’s thrilling portfolio of games, including Billionaire Wolf and Billionaire Rhino, as well as upcoming highly anticipated Love Island series, set to go live on SOFTSWISS award-winning platform

Playzia, one of the fastest-growing game providers to the iGaming industry, is thrilled to announce a new partnership with SOFTSWISS, a recognised industry leader in iGaming software solutions development. This collaboration will see Playzia’s portfolio of innovative and thrilling games go live on SOFTSWISS award-winning aggregation platform, offering operators worldwide access to Playzia’s exciting content.

The partnership marks a significant milestone in Playzia’s continued expansion into global markets. Exciting titles from the dynamic studio developer, including Billionaire Wolf, Cosmos Cash, Sweet Candy Fortune, The Great Fishing Adventure, along with the newly released Volcanic Coins and Billionaire Rhino, are now available on the SOFTSWISS Game Aggregator. In addition to the steady rollout of 3 exciting titles per month, Playzia is committed to delivering unique branded content, including a recently announced series with ITV, inspired by the global phenomenon Love Island. This marks just the beginning of the Playzia’s ongoing growth and development in the iGaming industry.

Penning the agreement with SOFTSWISS and expanding its network of partners allows the fast-paced studio to further its mission of bringing its thrilling and innovative games to an even broader audience, ensuring players around the world who Love to Play can enjoy top-tier, one-of-a-kind gaming experiences.

“We are delighted to partner with SOFTSWISS and make our games accessible to operators through their renowned aggregation platform,” said Vlad Modorcea, CPO at Playzia. “This collaboration represents an exciting opportunity to reach new markets, and we’re confident that players will enjoy the high-quality content we bring to the table. Our games are designed to captivate, and we can’t wait to share them with SOFTSWISS global network.”

Nikita Keino, Head of Partnerships at SOFTSWISS Game Aggregator added: ‘We welcome Playzia as our new partner, and we are proud to expand our portfolio with new games. We have already surpassed the 27,000 games mark and are excited to offer the market the best and most diverse games from the wide range available.’

Beginning this year, Playzia is gearing up to unveil an exciting roadmap, with three new games launching each month. Looking ahead, partners and players can anticipate the introduction of trademarked mechanics, innovative new game types including crash, table, instant, and probability games, along with exciting jackpots and tournaments, all designed to elevate the gaming experience to new heights.

The post Playzia Signs Major Deal with SOFTSWISS, Expanding Reach with Top Aggregator Platform appeared first on European Gaming Industry News.

Continue Reading

Latest News

BETBY ENHANCES BETTING TIPS API WITH EXPANDED SPORTS AND MARKET COVERAGE

Published

on

Reading Time: 2 minutes

 

BETBY, a premium supplier of innovative sportsbook solutions, has announced a major update to its Betting Tips API, introducing expanded sports and market coverage. Incorporated in the award-winning AI Labs suite of tools, the Betting Tips API is designed to elevate the player experience, drive higher conversion rates, and increase betting frequency by creating a more informed and confident betting environment for users.

With this latest update, the Betting Tips API now provides insights from the latest news, interesting team facts, and other relevant information on nine sports: Soccer, Basketball, Baseball, Hockey, Tennis, Handball, American Football, Cricket, and Volleyball. For each of them, BETBY offers 10 main markets, allowing users to diversify their betting opportunities.

Unlike many suppliers that limit their Betting Tips to major leagues, BETBY can provide insights for all lower tier leagues across the covered sports. This enables operators to activate specific, niche leagues on demand according to their preferences, showcasing BETBY’s commitment to adaptability and client satisfaction by granting access to localized content.

For the first time, the Betting Tips API is also integrated into BETBY’s proprietary esports feed, BETBY Games, providing data-driven tips that enhance the gaming experience.

Moreover, the Betting Tips API is now available in 16 languages: English, Portuguese (Brazilian and European), Spanish, Turkish, Russian, German, Japanese, French, Italian, Kazakh, Azerbaijani, Uzbek, Kyrgyz, Estonian, and Finnish. This multilingual support ensures higher accessibility and usability for a broad range of both operators and end-users.

“This update to the Betting Tips API significantly enhances our ability to generate sports content independently of any data provider. We are rapidly expanding content coverage and are prepared to offer niche sports and leagues. This highlights our commitment to innovation and client-centric solutions, reinforcing our leadership in the sports betting sector,” said Danil Emelyanov, Head of BETBY’s AI Labs. “It also marks another milestone for AI Labs, which remains dedicated to delivering state-of-the-art AI-driven solutions by improving existing tools and developing new ones.”

The post BETBY ENHANCES BETTING TIPS API WITH EXPANDED SPORTS AND MARKET COVERAGE appeared first on European Gaming Industry News.

Continue Reading

Trending

EEGaming.org is part of HIPTHER, parent brand of various prominent news outlets and international conferences. These platforms and events span a wide range of industries, including Entertainment, Technology, Gaming and Gambling, Blockchain, Artificial Intelligence, Fintech, Quantum Technology, Legal Cannabis, Health and Lifestyle, VR/AR, eSports, and several others. This indicates that EEGaming.org is part of a larger network that focuses on a diverse array of sectors, particularly those related to cutting-edge technology and modern lifestyle trends.

Contact us: [email protected]

Editorial / PR Submissions: [email protected]

Copyright © 2015 - 2025 HIPTHER. All Rights Reserved. Registered in Romania under Proshirt SRL, Company number: 2134306, EU VAT ID: RO21343605. Office address: Blvd. 1 Decembrie 1918 nr.5, Targu Mures, Romania

We are constantly showing banners about important news regarding events and product launches. Please turn AdBlock off in order to see these areas.