CIRSA opened 2026 with higher online betting activity and continued revenue growth across its digital business. CIRSA online growth remained ahead of the wider group average despite customer-friendly sports results during the quarter. The company said online expansion was fully organic and supported overall group performance – see more details:

• CIRSA reported more than 10% online revenue growth in Q1 2026 on an ex-FX basis. Online betting turnover increased 22.4% year-on-year during the quarter. The company said stronger player activity helped offset softer sports betting margins.
• Online operations continued to increase their contribution to group revenue during the period. CIRSA noted that the higher weighting of digital operations impacted overall margin performance because online carries lower margins than retail gambling. Group EBITDA margin still remained stable at 31.1%.
• Online EBITDA margin declined to around 15% in Q1 2026. CIRSA linked the decrease mainly to the gaming tax introduced in Peru during the second half of 2025. Despite this, digital operations still delivered double-digit revenue growth.
• Total group revenue reached EUR 623m in the first quarter, up 8.0% year-on-year. EBITDA increased 8.5% to EUR 193.9m, marking the company’s 71st consecutive quarter of EBITDA growth excluding the COVID period. CIRSA online growth remained one of the main contributors to the overall result.
• Offline gambling operations also delivered positive results during the quarter. Retail business units grew 8.0%, with Slots Spain revenue rising 13.1% and casino revenue up 8.3%. CIRSA added that organic retail growth reached 6.6%.

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