CASINO MOROCCO Cirsa is close to launching its third casino in Tangier 1 year ago Szarlot Post Views: 667 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 EXPERTS Do People Actually Win Money Playing Slots? 1 day ago Szarlot CASINO SOUTH AFRICA A comparative analysis of land casinos, online casinos in South Africa 2024 2 days ago Szarlot CASINO WORLD NEWS Novomatic has appointed Stefan Krenn as a new member of its Executive Board 1 week ago Iwo Bulski CASINO WORLD NEWS Macau: Casinos set for bumper month 2 weeks ago Szarlot CASINO WORLD NEWS Czech regulator confirms Prague slot machine ban now in effect 2 weeks ago Iwo Bulski CASINO ONLINE TGCasino Bringing Global Sports Gaming to Africa With TGC Token 2 weeks ago Samuel CASINO HISTORY Top 7 Biggest Wins in Gambling History 2 weeks ago Samuel CASINO SOUTH AFRICA Springbok Casino Celebrates Leap Year with Leaping Wildlife Feature 4 weeks ago Szarlot CASINO HISTORY How Las Vegas Became a Gambling Mecca 4 weeks ago Iwo Bulski CASINO WORLD NEWS Galactic X-perience: NOVOMATIC skyrockets into new gaming spheres at ICE 2024 1 month ago Iwo Bulski CASINO WORLD NEWS The International Casino Conference opens ICE 2024 1 month ago Iwo Bulski CASINO HISTORY The history of slot machines in South Africa 1 month ago Samuel 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.