Blackstone Acquires Spanish Playing Giant Cirsa

Blackstone Acquires Spanish Playing Giant Cirsa

National private equity firm The Blackstone Group includes fully grabbed Spanish wagering operator Cirsa Gaming Company , hometown news shops reported upon Friday citing sources experienced with the deal.

The purchase price and other information regarding the deal are not disclosed, but sources explained that Cirsa, that is definitely Spain’s premier gambling supplier, has been prized at all over € – 6 tera- .

The actual announcement regarding the deal arrives amid some sort of consolidation trend that has knocked the playing industry not simply across The european union but also from the rest of the community. It was basically last weekend when Canada’s The Stars Set announced that this would invest in UK’s Heavens Betting Game playing in a $4. 7-billion deal that would make the uk’s largest detailed gambling provider. Online gambling card issuer Playtech even offers recently proved that it will purchase a 75. 6% pole in Swedish operator Snaitech for the full amount of € 846 thousand .

Cirsa was founded 33 years ago by the family of Spanish businessman Manuel Lao Herná ndez, who is known to be among Spain’s richest consumers. Over the years, the corporation has widened across a homeland and has longer its footprint to other jurisdictions, including France and a variety of Latin Usa countries.

Cirsa currently works 147 land-based casinos , 178 gaming halls, around 75, 000 gaming devices across bars and other places, 3, 000 lottery définitif, 70 bingo halls, and more as compared to 2, 000 sports bets shops. Read More