CIRSA has declared 2024 its “best year in business”, achieving a record €699 million [$731 million] in operating profits. This marks the third consecutive year of record-breaking performance since Blackstone acquired the company in 2018.
Revenue rose 8% year-on-year, reaching €2.15bn, compared to €1.98bn in 2023. The company ended the year strong, posting €586m in Q4 operating revenues (+13.7%) and €191m in operating profit (+17.3%).
2024 was deemed as a year of “strategic and efficient” expansion for CIRSA’s business in South America. Key directives saw CIRSA upgrade casino facilities in the markets of Mexico, Colombia and Panama.
The group’s South American expansion was bolstered by CIRSA becoming the majority owner of Apuesta Total, Peru’s biggest sportsbook operator, a deal brokered in H2