In its Q3 revenues upgrade, Cirsa reported sports wagering and online video gaming as the group’s fastest growing department.
Cirsa reported operating revenue of EUR195 million in the 3rd quarter of 2026, a boost of 6.8% on the exact same duration in 2015, as earnings increased 12% to EUR628 million ($705 million).
On Thursdaythe Spanish video gaming group stated operating revenue would have reached EUR203 million, up 11.1% year on year, leaving out expenses connected with its proposed merger with Italian operator Lottomatica.
Sports wagering the fastest growing department
The outcomes extend Cirsa’s reported streak of quarterly operating-profit development to 73 successive quarters. For the very first 9 months of 2026, profits increased by 10% and operating revenue by 7.8%.
The business stated it anticipated to complete the year at the upper end of the variety formerly interacted to markets, however did not define that variety in its outcomes statement.
Online video gaming and sports wagering was the group’s fastest-growing department. Quantities bet increased by 43.4% in the quarter, while net income increased by 19%.
Deposits were up 39.4%, suggesting increased consumer activity. The business did not supply figures demonstrating how much of the development in wagers and deposits equated into revenue.
Gambling establishment growth
Cirsa likewise broadened its gambling establishment operations. It opened a gambling establishment in Cartagena de Indias, Colombia, and went into Paraguay with 2 gambling establishments and 2 video gaming halls.
The group reconditioned places in Panama and Spain, and set up more than 30 extra slots at Casino Marbella.
In Spain, the slots department tape-recorded development in income and operating earnings, which Cirsa credited to its device mix, sales activity and expense control.
In Italy, efficiency was steady and in line with the marketplace, with especially strong arise from video lottery game terminals. The business stated it had actually finished the combination of current acquisitions in the Italian gaming-hall service.
Cirsa stated development came in the middle of macroeconomic and geopolitical unpredictability, with current acquisitions contributing together with its existing operations.
The merger
The business likewise called an amazing investors’ conference for 30 November in Terrassa to advance its proposed merger with Lottomatica.
The 2 business revealed their proposed merger in September of this year, stressing that it would develop the second-largest noted video gaming and sports wagering operator worldwide.
At the time of the statement, Cirsa CEO Antonio Hostench described that the merger would definitely drive development.
“The mix of Cirsa and Lottomatica produces a first-rate varied video gaming leader with leading positions throughout its core markets and substantial chances to speed up successful development,” he stated.
Lottomatica will soak up Cirsa through an EU cross-border merger, with Lottomatica as the making it through entity. The combined business will be noted on stock market in both Spain and Italy.
The group is anticipated to have an addressable market of approximately EUR34 billion when integrating all its readily available markets, consisting of Portugal, Mexico and Colombia.
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