Cirsa Opts Out of BCN World project

The CEO of Cirsa Gaming Corporation announced that the company will not be participating in the coming BCN World complex (l.) near Barcelona, Spain.

The head of Cirsa Gaming Corporation has declared that his firm will not be taking part in the coming BCN World complex near Barcelona because he believes the giant development in northeastern Spain will not attract sufficient visitors to be profitable.

According to a report from G3Newswire, Joaquim Agut, chief executive officer of Terrassa-based Cirsa, made the announcement at last week’s 15th annual Jornadas Gresol business conference in La Pineda, He commented that the Catalonian project would have to attract 80,000 to 100,000 daily users in order to be worthwhile, a goal he said is unrealistic.

“One thing is to want it and another thing is to play it and put money on it,” said Agut.

Construction of the $2.5 billion BCN World is scheduled to start in the spring, but Agut said that Cirsa Gaming Corporation could not “afford the luxury” of taking part.