CIRSA Enterprises has acquired four casinos in Peru, expanding its presence in the regulated gaming market and reinforcing its leadership position.
Target Information
CIRSA Enterprises, S.A. has successfully completed the acquisition of four casinos in Peru through its local subsidiary, Gaming and Services S.A.C. This strategic move involves three casinos located in Lima—Casino New York, Casino Luxor, and Casino Pachanga—as well as one casino in Cuzco, called Casino Mystic. CIRSA's decision to expand its footprint in Peru is a testament to its commitment to selective growth in fully regulated key markets.
Having commenced operations in Peru in 1996, CIRSA has established itself as a leader in the country's gaming industry. The recent acquisition follows a major milestone for the company: the purchase of Apuesta Total, a top player in the sports betting and online gaming sectors in Peru. This transaction symbolizes CIRSA's ongoing dedication to strengthening its market presence and enhancing its competitive edge.
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Industry Overview in Peru
The gambling industry in Peru has experienced significant growth in recent years, driven by a regulatory environment that fosters investment and competition. As of late 2023, the sector has seen an influx of both loca
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