About this app
About The Pig Wizard
Cirsa’s implied pro forma value, before synergies, corresponds to an multiple of approximately 6x its expected 2026 EV/EBITDA which will be between €800 million and €820 million, according to the operator’s most recent earnings.
According to a joint press release, the combined company would hold “undisputed leadership positions” in both Italy and Spain, with the group set to hold a duel listing on the Milan and Spanish stock exchanges.
The group is expected to have an addressable market of up to €34 billion when combining all its available markets, including Portugal, Mexico and Colombia.
About The Pig Wizard
As you probably know by now, our time here at CalvinAyre.com is coming to an end. It’s been a pleasure to be a part of this site for the past two years, and there’s a very bittersweet feeling of seeing it come to a close, but looking to the next opportunity.
I’d like to thank our leader, Calvin Ayre, for giving me an opportunity to write about the gambling industry, but also for creating a platform that spoke to a different side of the industry, and wasn’t afraid to reveal uncomfortable truths when necessary. I’m excited to see what comes next in his campaign to wake the world up to the power of Bitcoin SV.
Bill Beatty, our Editor-in-Chief, was my guiding light. I learned to think of journalism, the gambling industry, and even life, in whole new ways thanks to him, and I’ll always count on him as one of my mentors.
What is The Pig Wizard?
This is a mainstream release designed to fit widely rather than to stand out
For operators, the appeal of a title like this is straightforward. You get a recognizable theme, a medium-volatility math model and a multi-feature package that slots cleanly into a mixed lobby. For REEVO, each release like Thunder Walker broadens the content it can offer partners and reinforces its identity as a volume provider working within established formats.
REEVO positions Thunder Walker as a title built for broad appeal, combining an epic Greek mythology theme, Walking Wild mechanics, Jackpot and Collect features and medium volatility gameplay for players looking for both entertainment and balanced reward potential. Stripped of the marketing framing, that’s a clear statement of intent. This is a mainstream release designed to fit widely rather than to stand out sharply, and it fits neatly within the pattern of REEVO’s mythology-heavy output.
