CIRSA has entered a new Latin American market after agreeing to acquire a majority stake in Paraguay’s Slots del Sol, gaining a share in its online and land-based operations.
The operator will gain control over the Slots del Sol online platform, as well as two casinos and two gaming halls in the Paraguay retail market.
CIRSA added that the transaction multiple is in line with its previous transactions and will be financed with available cash. It is not expected to have a significant impact on the group’s leverage.
Antonio Hostench, Chief Executive Officer of CIRSA, commented: “Slots del Sol has demonstrated exceptional performance, with outstanding capabilities in online operations.
“We are delighted to partner with its founding shareholders and are confident that we will be able to combine our global experience and best-in-class capabilities with their local knowledge and expertise to drive future growth.
“The transaction will contribute to improving the margins of our online gaming business.”
CIRSA noted that the Slots del Sol omnichannel structure is ‘fully aligned’ with its overall strategy and will allow it to continue to strengthen its omnichannel plans.
The company added that the transaction is ‘expected to be highly positive’ in terms of value creation and profitability.
Joaquim Agut, Executive Chair of CIRSA, added: “This acquisition reinforces CIRSA’s strategic commitment to accelerating growth in the online gaming space.
“Paraguay represents an attractive and highly stable regulated market, with strong fundamentals, and Slots del Sol provides us with a leading platform from which to continue expanding our online capabilities in the region.”
CIRSA is scheduled to publish its financial results for the second quarter of 2026 later this month on 30 July.
