Spanish gaming giant CIRSA opened 2026 with record revenues, sharply lower debt, and another quarter of EBITDA growth, as its retail business continued to offset pressure in online betting margins following Peru’s new regulatory framework.
The Blackstone-backed operator reported net operating revenues of €623 million ($723.4 million) for the first quarter, up 8% year-on-year from €576.7 million, while EBITDA rose 8.5% to €193.9 million ($225.1 million). Excluding currency effects, revenue growth reached 9.5%, and EBITDA increased 10.8%.
The results marked CIRSA’s 71st consecutive quarter of EBITDA growth, excluding the COVID period, reinforcing the company’s position as one of Europe’s most consistently…