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Increased gaming taxes and higher costs push CIRSA to 2015 loss

12th April 2016 8:17 am GMT

Spanish gaming operator CIRSA has reported a 4 per cent increase in net operating revenue to €1,599.3m for the full 2015 year, following a strong finish to the year which saw fourth quarter revenue climb by 14 per cent.

Net operating revenue in Q4 rose to €413.3m, with results boosted by the strong performances of the company’s land-based casino division and all of its operations in Spain. This helped EBITDA rise 14 [...]

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