CIRSA buys majority stake in Sociedade Figueira Praia

CIRSA, a leading international gaming operator, has announced the acquisition of a majority stake in Portugal-based casino operator Sociedade Figueira Praia. The deal, described as the purchase of the parent company behind Casino Figueira, boosts CIRSA’s footprint in Portugal. In its announcement the company framed the move as part of its expansion in the country.

The purchase follows a recent majority-stake acquisition by CIRSA in a Paraguayan company, showing back-to-back international deals. That sequence of moves highlights CIRSA’s continuing expansion beyond its existing markets and may alter the operator landscape in regions where it grows. Players in the UK, Canada, Australia and other markets who watch operator activity may find such deals worth tracking.