Cirsa announced its financial results for the fiscal year 2025, with total group revenue reaching 2.34 billion euros, an increase of 8.8% year-over-year. The online gambling sector was particularly impressive, generating revenue of 528.9 million euros, a significant surge of 25.8%, increasing its share of total revenue from 19.5% to 22.5%. In plain terms, the online casino and betting services are accelerating rapidly, and their proportion of total revenue is also increasing. The omni-channel strategy—allowing players to deposit and withdraw funds at over 5000 retail points and seamlessly switch between online and offline—has become a key driving force. Interested in learning about the omni-channel approach of this European gambling giant? Follow the PASA official website for continuous updates on industry strategies.
First, Online Business: Active Users Soar to 2.4 Million
The growth in online business is not only reflected in revenue but also in user engagement:
Active user base: Increased from 2024 to 2.4 million, a growth of 49%
Product Expansion: Online casino game library expanded by about 30%, sports betting introduced features like "Bet Builder" and "Early Settlement"
Mergers and Acquisitions: The integration of Peru's Apuesta Total, agreed upon in July 2025, has been completed and the performance is as expected
Cirsa emphasizes that the omni-channel experience is key—players can deposit and withdraw cash through more than 5000 global retail betting points, and seamlessly transfer balances between online and offline wallets.
Second, Physical Business: Italy Leads, with Orderly Acquisitions
The physical business sector has grown across the board, including:
Casino Business: Still the largest source of income, reaching 989.5 million euros (+4.9%), with growth almost entirely organic. New properties added in Marrakech, Morocco, and four stores in Peru during the year.
Spanish Slot Machines: Revenue of 436.5 million euros (+5.4%), also primarily organic growth (acquisition of an operator in Valencia completed in December).
Italian Slot Machines: Fastest growth rate, revenue of 406 million euros (+10.6%). Cirsa notes that despite the overall "stagnation" of the Italian retail market, the company has continued to grow against the trend.
Third, Financial Performance: Net Profit Soars 165.5%, Optimistic Outlook for 2026
Despite high gambling tax expenses of 687.9 million euros and rising costs for labor and external services, strong revenue growth has still led to a significant increase in profits:
Operating Profit: 382.1 million euros (+14.6%)
Pre-tax Profit: 186 million euros (+67.6%)
Net Profit: 117.6 million euros (+165.5%)
EBITDA: 746.6 million euros (+6.8%)
Looking ahead to 2026, Cirsa expects:
Net Operating Revenue: 2.5 billion to 2.56 billion euros (an increase of 7%-9.5% from 2025)
EBITDA: 800 million to 820 million euros (growth of 7.2%-9.8%)
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This article is from "PASA-Global iGaming Leader" gambling industry news channel: https://t.me/pasa_news
Original in-depth gambling channel: https://t.me/gamblingdeep
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PASA Matrix: @pasa002_bot
PASA official website: https://www.pasa.news
