By SectorWire desk ·
The report said that CIRSA announced an acquisition of a majority stake in Portuguese casino operator Sociedade Figueira Praia. The business is the parent of Casino Figueira.
The transaction would expand CIRSA’s Portuguese casino interests.
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The acquisition expands Cirsa’s ownership interests in Portuguese casinos.
The acquisition expands CIRSA’s Portuguese land-based casino business.
The investment extends Cirsa’s Portuguese presence into land-based casinos.
CEJUEGO’s proposals seek consistent regulatory treatment for public and private operators and assessment of existing restrictions before further rules.
The signed plan sets out CIRSA’s proposed merger into Lottomatica, giving investors a formal agreement following September’s disclosure.
The approved cross-border merger plan sets terms and conditions for absorbing CIRSA into Lottomatica.