19 Feb

Cirsa is totally centered around gaming (machines). This organization was established in Barcelona in 1978 by Manuel Lao Hernández. Today, as per the site, the organization utilizes in excess of 12000 individuals, possesses 200 auxiliaries and is available in excess of 70 nations.
The child of the originator - Manuel Lao Gorina is as yet devoted to the organization as VP.
The current business is partitioned in four divisions: Slots, Casinos, Bingos and the creation of game-machines. The first (slots)make up about 47% of the deals and contribute 45% to the profit ("ebitda"), the second biggest division is devoted to bingo, which ascribes 23% of the deals and 12% to the income. Club anyway show the most elevated development rate it is additionally the most beneficial.
Another division of later starting point is committed to intelligent and web based games. The club business of Cirsa began with a takeover of the significant gambling club in Marbella in 1985.
Other than being available in Spain which includes 69% of the business, the organization is available in Italy (12%), Argentina (6%) and other South American nations. The principal gambling club there was opened in 1990 in the Dominical Republic.
As indicated by the current president, Joaquin Agut who was picked in 2006 (past CEO of Terra and Endemol), Argentina will open probably the biggest gambling club in 2009. On the web anyway there are numerous tales about a gambling club transport that is being shut by law; the gambling club business is both productive and hazardous ... not in the last spot since it is confronting a negative picture of tax evasion.
The organization has multiplied in income more than five years, from 600 million euros (in 1994) to 1200 million euros in 2001. The years 2001 and 2002 were dangerous and following another solid year the last you years the incomes show a more moderate development (1566, 1657 and 1700 million of euros for 2005 to 2007)
This organization profile is additionally a profile of persistent change. Everything began with the own creation of gaming machines, which is currently the fourth business division with the least development rate. The inquiry will be whether the creation of game-machines will keep on being essential for the organization. Until this point, 45% of game-machine deals in Spain begin from Cirsa cgu insurance stands for.
On the site (1) there is an extraordinary area devoted to financial backers, however it is secured (just institutional financial backers are allowed admittance). On the web there is data about a postponed IPO's in 1999 and 2000, yet what happened a short time later remaining parts muddled... The stocks are not exchanged Madrid, however there is by all accounts obligations of the organization exchanged on the London Stock Exchange (LSE).

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