CASINO MOROCCO Cirsa is close to launching its third casino in Tangier 1 year ago Szarlot Post Views: 686 Cirsa is close to launching its third casino in Tangier, Morocco. Earlier this year, its Sportium brand gained access to the Italian gaming market when it acquired a controlling stake. The latter is a full-service online gaming platform, offering a casino, poker, sports betting, and more. This expansion, coupled with strong results at the end of 2022, will provide a solid foundation for further growth. The company recently added €425 million (US$441.4 million) through senior notes, some of which will also facilitate expansion. With it, the company is also partially refinancing €563 million (US$584.73 million) from July 2018. These bonds will pay interest of 10.375% and mature in 2027. Spain-based gaming giant Cirsa is on track to close out 2022 on a high note. In the third quarter, its net profit was €23.7 million (US$24.57 million), a substantial improvement over its €34.4 million (US$35.66 million) loss a year ago. All of Cirsa’s business segments have already recovered to pre-COVID-19 levels in terms of EBITDA generation. In addition, the online gaming sector, where its sports betting subsidiary Sportium stands out, accounts for 14.3% of turnover. In the second quarter, the sportsbook was only good for 8.8% of the company’s turnover. Based by casino.org About Post Author Szarlot I am a fan of casino games especially roulette and blackjack. After that I analyze current events in the gambling industry. See author's posts SzarlotI am a fan of casino games especially roulette and blackjack. After that I analyze current events in the gambling industry. Facebook Twitter LinkedIn Email Print Tags: casino, Morocco, Virsa Continue Reading Previous Novomatic attains G4 certificate in Italy and SpainNext The party goes on at The Palace Sun City More Stories CASINO UGANDA Kampala`s Underworld in Casinos 6 days ago Szarlot CASINO EXPERTS Do People Actually Win Money Playing Slots? 3 weeks ago Szarlot CASINO SOUTH AFRICA A comparative analysis of land casinos, online casinos in South Africa 2024 3 weeks ago Szarlot CASINO WORLD NEWS Novomatic has appointed Stefan Krenn as a new member of its Executive Board 4 weeks ago Iwo Bulski CASINO WORLD NEWS Macau: Casinos set for bumper month 4 weeks ago Szarlot CASINO WORLD NEWS Czech regulator confirms Prague slot machine ban now in effect 1 month ago Iwo Bulski CASINO ONLINE TGCasino Bringing Global Sports Gaming to Africa With TGC Token 1 month ago Samuel CASINO HISTORY Top 7 Biggest Wins in Gambling History 1 month ago Samuel CASINO SOUTH AFRICA Springbok Casino Celebrates Leap Year with Leaping Wildlife Feature 2 months ago Szarlot CASINO HISTORY How Las Vegas Became a Gambling Mecca 2 months ago Iwo Bulski CASINO WORLD NEWS Galactic X-perience: NOVOMATIC skyrockets into new gaming spheres at ICE 2024 2 months ago Iwo Bulski CASINO WORLD NEWS The International Casino Conference opens ICE 2024 2 months ago Iwo Bulski Leave a Reply Cancel replyYour email address will not be published. Required fields are marked *Comment * Name * Email * Website Save my name, email, and website in this browser for the next time I comment. Δ This site uses Akismet to reduce spam. Learn how your comment data is processed.