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blackjack online 21Century Casinos’ Cape Giraradeau, Mo. In the case of Century, it appears as though the company can operate in leaner fashion as business normalizes. Century Casinos (NASDAQ:CNTY) stock soared 22.12 percent this week after the regional gaming company easily surpassed second-quarter earnings and revenue estimates. casino poker 74Century Casinos (NASDAQ:CNTY) stock soared 22.12 percent this week after the regional gaming company easily surpassed second-quarter earnings and revenue estimates. “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. venue. caesars slots login is chukchansi casino 21 and over7 blackjackThat 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 Girmgm casino 4ardeau and Caruthersville, Mo. As expected, Chicago officials announced on Friday afternoon that the deadline to submit proposals for the city’s planned casino has been extended by more than nine weeks. In the case of Century, it appears as though the company can operate in leaner fashion as business normalizes. harrah s cherokee casino smokingAs 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. Chicago Mayor Lori Lightfoot speaks at a July 15 groundbreaking for a new park facility. (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. choctaw casino hugo oklahoma the online gambling lawhard rock casino melbourne flvenue. In April, when city officials released the request for proposals for the development project, they requested documents by 2 pm CT on Aug. 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. Its Poland venues reopened in latmgm casino 4e May, followed by some of its Canada casinos on June 10. The second quarter ended on June 30.CNTY’s international assets were closed for most of Q2, though initial results post-opening outpaced expectations, while regional gaming demand in the US remained robust,” said Stifel analyst Jeffrey Stantial in a note out Friday. Adjusted earnings before interest, taxes, depreciation, amortization, and restructuring or rent costs (EBITDAR) beat the consensus estimate by 36 percent.Century’s impressive results underscore strength in the company’s US operations, because its casinos in Canada and Poland — two of its marquee international markets — were shuttered for most of the quarter. encore casino in everett online casino no deposit |