CASINO MOROCCO Cirsa is close to launching its third casino in Tangier 2 months ago Szarlot Post Views: 187 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 KENYA Illicit brew, counterfeit goods retrieved in a nationwide police crackdown 5 hours ago Samuel CASINO SOUTH AFRICA Wild Coast Sun recognised as best luxury beach resort in South Africa 4 days ago Samuel CASINO WORLD NEWS Black Edition is back for Novomatic 5 days ago Iwo Bulski EXPERTS MOROCCO 6 Weeks Remain Until Gaming Industry Leaders Unite at GEFA 2023 2 weeks ago Iwo Bulski CASINO NIGERIA Nigeria Could Become Africa’s Premier Gambling Region 2 weeks ago Samuel CASINO How Casino Has Changed the Fashion World 2 weeks ago Szarlot CASINO SOUTH AFRICA COSATU North West welcomes the decision to retain the casino license in Mafikeng 3 weeks ago Samuel CASINO WORLD NEWS Macau jails gambling ‘junket king’ Alvin Chau for 18 years 3 weeks ago Iwo Bulski CASINO MAURITIUS Takeover of Mauritius Casinos by foreign investors 3 weeks ago Szarlot CASINO How live casinos revolutionized the gambling industry 4 weeks ago Szarlot CASINO What makes online gambling so appealing to celebrities? 4 weeks ago Szarlot CASINO KENYA Gambling business thrives in the South Rift region despite ban 1 month ago Szarlot 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.