Grupo CIRSA has refreshed its corporate profile to drive its mission to become the leading business in Spanish-speaking gambling global markets.

The statement leads CIRSA’s listing on the Madrid Bolsa and the publication of its first interim results as a public listed company, reporting operating income of €573m.

This increase in net income was coupled with an operating profit of €187m in the second quarter of 2025 alone, up 11.3% and 9.2% respectively on the same period last year.

CIRSA Executive Chairman, Joaquim Agut, notes that the results cap “68 consecutive quarters of growth, interrupted only by the COVID-19 pandemic”.

 Investor appetite for CIRSA’s was confirmed in July, when the company went public at €15 per share, drawing institutional demand more than eight times greater than supply. 

The offering, which included a €400m capital raise and €53m in secondary placements, secured a free float of 18% and allowed CIRSA to reduce net debt by €373m — lowering its leverage to 2.68x EBITDA and signalling renewed firepower for expansion.

Agut said the response from investors reflected confidence in the company’s disciplined growth model and international trajectory: “Listing on the Bolsa was not just a financial transaction; it was a statement of intent,” he said. 

“We have demonstrated for years that CIRSA can grow consistently and profitably. What we now have is a capital structure and shareholder base aligned with a far more ambitious global outlook.”

CIRSA’s home & LatAm comforts 

Agut described the firm’s performance in the first half of the year as “strong, resilient, and reflective of a business that knows how to execute across markets and formats.”

 CIRSA’s expansion in Latin America remains pivotal, with recent modernisation of flagship properties in Mexico and Peru contributing to local-currency growth and customer engagement.

The group installed more than 500 new slot machines across Latin America and Morocco in Q2 alone — a move Agut said reflected “not just investment in product, but in the customer experience we want to lead with in the region.”

In Spain, the domestic casino and slot business maintained its upward momentum, buoyed by the success of the Manhattan Mirage cabinet and continued rollout of the uElite Next system with ticket-in/ticket-out functionality.

CIRSA’s hospitality portfolio has also benefited from operational enhancements such as the Smart GIM monetary system, further improving the group’s efficiency and player service offering.

Meanwhile, its online gaming and sports betting division surged ahead with 63% revenue growth and a 120% t jump in EBITDA year-on-year, despite the absence of major sporting tournaments such as Euro 2024 or Copa América. 

Agut credited this to the successful integration of acquisitions in Peru and Portugal, as well as continued strength in core markets like Spain and Italy. The recent global sponsorship deal with Liverpool FC, he added, had already started yielding brand visibility benefits for CIRSA’s Sportium platform across international betting audiences.

H2 trading was topped by CIRSA being named the number one company in the worldwide gambling sector for ESG performance by Morningstar Sustainalytics — a milestone Agut said reinforced “CIRSA’s standing not only as a commercial leader, but as a responsible and long-term focused organisation ready for institutional scrutiny”.

 As the second half of the year unfolds, the executive team is bullish. CIRSA’s balance sheet is leaner, its operating model is diversified, and its growth plans — particularly in Latin America — are now underwritten by a stronger investor base.

“We are entering a new phase in CIRSA’s journey,” Agut said. “Our listing marks the beginning of a broader transformation — one where CIRSA becomes not only the Spanish market leader, but the reference point for regulated gaming across Spanish-speaking markets worldwide.”