Cirsa is Spain's largest casino operator as of 2017.

History

Cirsa was founded in 1978 by

Manuel Lao Hernández Manuel Lao Hernández (born 1944) is a Spanish billionaire, and the founder of Cirsa, Spain's largest casino company. Hernández was born in Almería in 1944. He is married, with three children, and lives in Matadepera Matadepera is a municipa ...

. It is involved in the fabrication and distribution of different types of gambling machines. By 1990 they started to expand their presence outside of Spain. It started with the

Dominican Republic The Dominican Republic ( ; es, República Dominicana, ) is a country located on the island of Hispaniola in the Greater Antilles archipelago of the Caribbean region. It occupies the eastern five-eighths of the island, which it shares wit ...

, then in 1991 went to

Venezuela Venezuela (; ), officially the Bolivarian Republic of Venezuela ( es, link=no, República Bolivariana de Venezuela), is a country on the northern coast of South America, consisting of a continental landmass and many islands and islets in th ...

, and currently over seventy countries around the world. The company generated 349,328,000 million euros of revenue solely in the first quarter of 2018 On the 8th April, 2022, Cirsa announced the organisation had appointed Antonio Hostench as CEO.

Blackstone takeover

In April 2018, it was announced that

The Blackstone Group Blackstone Inc. is an American alternative investment management company based in New York City. Blackstone's private equity business has been one of the largest investors in leveraged buyouts in the last three decades, while its real estate bu ...

would acquire the company. No further details were released about the deal.

References

Gambling companies Gambling companies established in 1978 Gambling websites Gaming websites {{Spain-company-stub