CIRSA Expands Its Footprint in Portugal with Acquisition of Casino Figueira Operator
Introduction to CIRSA’s Latest Expansion
CIRSA, a prominent global operator in the gaming industry, has recently acquired a controlling interest in Sociedade Figueira Praia, the company managing Casino Figueira in Portugal. This move follows its earlier expansion into Paraguay, marking another step in CIRSA’s growing international presence.
Strengthening Presence in Portugal’s Gaming Sector
Sociedade Figueira Praia oversees Casino Figueira, a well-established venue located in the popular tourist city of Figueira da Foz. Operating since 1948, the casino is recognized for its rich history and as a favorite entertainment location. CIRSA’s purchase aligns with its strategy to grow both online and physical gaming platforms.
The acquisition complements CIRSA’s earlier purchase of CasinoPortugal.pt in December 2024, enhancing their capabilities across Portugal’s casino market. Together, these acquisitions help CIRSA build a robust presence in both online and brick-and-mortar gaming in this promising European market.
CIRSA describes Portugal’s gaming environment as one of the most promising in Europe, making this acquisition particularly valuable for their business development.
Positive Response from CIRSA’s Leadership
Executive Chair Joaquim Agut expressed enthusiasm about the transaction, highlighting that Casino Figueira will serve as CIRSA’s inaugural land-based casino venture within Portugal.
“With the addition of CasinoPortugal.pt in 2024, this acquisition strengthens our capacity to offer a comprehensive gaming and entertainment experience spanning both online platforms and physical locations.”
Joaquim Agut, Executive Chair of CIRSA
Similarly, CEO Antonio Hostench reflected positively on the deal, emphasizing the importance of integrating a landmark institution like Casino Figueira into the CIRSA family.
“We are excited to bring this casino into our group and appreciate the ongoing support from its current shareholders. This deal marks a key milestone in expanding our omnichannel presence throughout Europe, particularly in Portugal.”
Antonio Hostench, CEO of CIRSA
Recent International Moves
This acquisition follows CIRSA’s recent majority stake purchase in Slots Del Sol, a gaming operator based in Paraguay, further showcasing the company’s strategy to expand across different markets.
