Cirsa is rightly fixed on diversion (machines). This business was supported in Barcelona in 1978 by Manuel Lao Hernández. Today, reported to the website, the enterprise employs more than 12000 people, owns 200 subsidiaries and is up to date in more than than 70 countries.
The son of the founder - Manuel Lao Gorina is motionless staunch to the camaraderie as vice-president.
The in progress company is dichotomous in four divisions: Slots, Casinos, Bingos and the production of game-machines. The freshman one (slots)make up in the region of 47% of the gross revenue and play a part 45% to the income ("ebitda"), the 2nd greatest segment is faithful to bingo, which attributes 23% of the sales and 12% to the proceeds. Casinos yet make obvious the unbeatable growth-rate it is as well the record money-spinning.
Another partition of much new point is loyal to synergistic and online games. The gaming house company of Cirsa started with a coup of the emblematical gambling house in Marbella in 1985.
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Besides anyone contribution in Spain which comprises 69% of the business, the band is inst in Italy (12%), Argentina (6%) and new South American countries. The opening gambling hell at hand was staring in 1990 in the Dominical Republic.
According to the customary president, Joaquin Agut who was agreed in 2006 (previous CEO of Terra and Endemol), Argentina will friendly one of the largest casinos in 2009. On the net nevertheless at hand are heaps stories in the order of a casino-ship that is someone closed by law; the gambling hell business concern is some worthwhile and uncertain ... not in the last establish because it is lining a cynical print of wealth washing.
The enterprise has multiple in receipts ended 5 years, from 600 million euros (in 1994) to 1200 a million euros in 2001. The geezerhood 2001 and 2002 were questionable and after a new hefty yr the last thee age the revenues indicate a more mild swelling (1566, 1657 and 1700 million of euros for 2005 to 2007)
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This friendship chart is as well a profile of never-ending tweaking. It all started near the own yield of recreation machines, which is now the 4th firm divergence next to the last growth-rate. The inquiry will be whether the manufacture of game-machines will move to be piece of the camaraderie. To date, 45% of game-machine gross revenue in Spain develop from Cirsa.
On the website (1) at hand is a striking sector dedicated to investors, but it is protected (only organisation investors are granted right). On the internet in that is gossip more or less a deferred IPO's in 1999 and 2000, but what happened afterwards silt indistinguishable... The instrument of punishment are not traded in Madrid, but there seems to be bonds of the business traded on the London Stock Exchange (LSE).
The time period chitchat too is solitary for organization investors. That this establishment is not publicly planned is a genuine sympathy. Imagine a enterprise faithful to games and speculation, shouldn't it at tiniest volunteer the opening to theorise in the tired of the company?
Hans Bool
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