Sportium acquires Unidad Editorial's betting business
Last Friday, the departure of Unidad Editorial executives Nicola Speroni and Stefania Bedogni as general secretaries of the division was announced in the Official Gazette of the Mercantile Registry. They will be replaced by Sportium Chief Executive Alberto Eljarrat and CIRSA Digital Director Mikel Lopez de Torre.
Cirsa continues its growth with this acquisition. The company manages 151 casinos, more than 80 thousand recreational machines, 79 bingos, 237 gaming rooms, and almost 3,000 points of sale of sports betting, in 9 countries across the globe.
After almost 10 years, Unidad Editorial will stop operating sports betting. The lack of economic and operational capacity to compete with big companies in the industry led to the sale of the company, which for a long time recorded huge profits, as in 2019, when it declared equity of €240 million.
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