Tag Archives: Colombia

Group efficiency strategy pays off for Grupo Cirsa in 2016

Publishing its full-year 2016 results, Spanish gambling group Grupo Cirsa (Cirsa) has declared its ‘best year in business’, as the company benefits from the growth of its home market assets and Latin America operations. Detailing its FY 2016 financial breakdown, Cirsa would report flat-line group revenues of €1.6 billion. However, the company would benefit from its ‘group efficiency strategy’ which …

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Genius Sports extends global reach with trio of office openings

Following a period of commercial growth, sports data and media rights distributor Genius Sports has announced that it will open support offices in Los Angeles (USA), Medellin (Colombia) and Vilnius (Lithuania). Confirming its new international offices, Genius Sports governance stated that its investment would help grow the firm’s presence in over a dozen countries worldwide. Choosing its locations for international …

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EGT eyes South American expansion with Bogota HQ

Seeking to open its games machine distribution network within the burgeoning South American market, European gambling technology firm Euro Games Technology (EGT) has confirmed that it has opened a new office in Bogota Colombia. Updating the market, EGT governance detailed that it had chosen the Colombian capital city as its South American HQ following an extensive review of regional markets …

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South American expansion aids Cirsa 2015 profit gains

Presenting its full year 2015 results, Spanish gambling operator Grupo Cirsa detailed that it had recorded growth in all core markets. Cirsa would post full-year group revenues of €1.8 billion representing a 16.5% increase on 2014 performance.  Its revenue uplift would transfer to an improved group EBITDA of €380 million up 14% on FY 2014 results. Detailing performance drivers, Cirsa …

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Inspired Gaming enters Colombia with Corredor Empresarial partnership

Colombian national lottery operator Corredor Empresarial SA has selected Inspired Gaming Group (Inspired) to be its exclusive supplier of virtual sports content. The deal announced on 15 February, will see Inspired Virtual Sports titles integrated within more than 5000 Corredor licensed venues. Inspired governance further detailed that at present the Colombian lottery firm operates over 50,000 terminals nationwide. Commencing its …

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