2024.07.19
desert diamond casino crapsChicago Mayor Lori Lightfoot speaks at a July 15 groundbreaking for a new park facility. acquisitions long-term) and an attractive capital deployment opportunity in Missouri, which could help re-rate CNTY closer to regional operator peers,” adds Stantial.The analyst says Century is talking with three suitors regarding the Poland casinos, and a sale will be accretive to the operator’s valuation.Its Poland venues reopened in latcasino near me directionse May, followed by some of its Canada casinos on June 10. the wynn hotel and casinoCentury Casinos (NASDAQ:CNTY) stock soared 22.12 percent this week after the regional gaming company easily surpassed second-quarter earnings and revenue estimates. 29 at 2 pm CT. In the case of Century, it appears as though the company can operate in leaner fashion as business normalizes. golden palace casino belgium coushatta casino poker tournamentscasino roulette for saleThat prompted at least one analyst to say there’s more upside available with the already hot shares. The stock is up 114.24 percent year-to-date.Century Stock Has Sustainable TrendsAs is the case with so many gaming companies, particularly regional operators, Century employed cost-cutting measures immediately following the onset of the coronavirus pandemic, leading to significant margin expansion.Now, analysts and investors are pondering the sustainability of those moves. As Stantial notes, second-quarter adjusted EBITDAR at those venues was double what it was in the same period in 2019, with slot and table game volumes at historically high levels.Century recently landed approval to bring the Caruthersville riverboat ashore, and is planning a large-scale hotel expansion at the venue.Other Catalysts for Century StockWith .2 million in cash and no debt maturities before 2026, Century could be a player in mergers and acquisitions in the US later this year — something analysts have discussed for some time. clearwater casino lewistonare bolstering the case for the stock. That prompted at least one analyst to say there’s more upside available with the already hot shares. Its Poland venues reopened in latcasino near me directionse May, followed by some of its Canada casinos on June 10. cache creek casino wiki online casino real money apple payfanduel casino sign up bonus(Image: KFVS12)The Colorado-based operator reported adjusted earnings before interest, taxes, depreciation and amortization of .2 million on net operating revenue of .2 million for the June quarter. Its Poland venues reopened in latcasino near me directionse May, followed by some of its Canada casinos on June 10. Century Casinos (NASDAQ:CNTY) stock soared 22.12 percent this week after the regional gaming company easily surpassed second-quarter earnings and revenue estimates. That could be to the benefit of shareholders.“Management’s commentary on sustainable operating trends was encouraging, as they believe most changes made to the operating cost structure should prove permanent, with adjusted EBITDA remaining well above pre-COVID levels, even as operations ‘normalize,’” said Stifel’s Stantial.Century’s namesake venues in Cape Gircasino near me directionsardeau and Caruthersville, Mo. venue. “Strength in the consumer, in the US and international appears to have continued into July, though visibility thereafter remains limited as savings/stimulus potentially unwind.”Stantial rates Century a “buy” with a price target, implying upside of 38.7 percent from the Aug. river spirit casino landshark paragon casino kenny wayne shepherd |