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Spain’s CIRSA widens net loss in 2011

13th April 2012 8:16 am GMT

Spanish gaming operator CIRSA has reported a marginal 1 per cent increase in net operating revenues to €1,257.2m for the full 2011 year, with growth from the company’s slots, casino and B2B businesses offsetting a decline in bingo.

Despite the negative impact of the smoking ban and economic downturn in Spain, net operating revenues from CIRSA’s slots business grew by 10 per cent to €476.2m in 2011.

The company benefited from its expansion [...]

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