Blackstone-backed gambling company Cirsa books higher first-quarter earnings

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Blackstone Inc.

BX

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- Blackstone-backed Spanish gambling company Cirsa's CIRSA.MC first-quarter core earnings rose about 8%, it said on Wednesday, citing stronger than expected performance from its retail and online betting businesses.

Cirsa reported earnings before interest, tax, depreciation and amortisation of €193.9 million ($225.3 million) for the quarter, up from €178.8 million in the same period last year.

($1 = 0.8605 euros)