The Spanish leisure and entertainment multinational Cirsa expects a year of growth in the mergers and acquisitions (M&A) market in Latin America and Western Europe, according to CEO Antonio Hostench.
The company is “exploring new opportunities and geographies,” and is considering complementary acquisitions in Latin America, as well as in Western European markets “both in the online and retail channels.”
Hostench’s statements were made as part of the presentation of the first-quarter 2026 financial results of the Blackstone-controlled company, in which the group announced net attributed profits of 34.6 million euros, 85% more than in the same period the previous year. Likewise, net operating revenue was 623 million euros, representing a year-on-year increase of 8%.
Ebitda reached 193.9 million euros, up 8.5%, with a margin of 31.1%, in line with that seen a year earlier. The gaming industry’s listed company noted that this is its 71st consecutive quarter of Ebitda growth, excluding the Covid period.
“2026 will be another year with a wide range of opportunities, where growth will be organic and through M&A. We will continue with strategic acquisitions that generate value, and we are ready for another major M&A operation. Our solid capital structure allows us to support future M&A operations,” said Joachim Agut, the group’s executive chairman.
In recent years, Cirsa has remained very active in the field of mergers and acquisitions. In 2025, it acquired a 50% stake in the Grand Casino de La Mamounia in Marrakech, Morocco, as well as four casinos in Peru. In 2024, it also acquired a majority stake in the Peruvian retail and online betting company Apuesta Total.