cache creek casino caA day before the properties were to reopen, Century announced the casinos would remain closed through Jan. Century Casinos (NASDAQ:CNTY) revealed it’s in discussions to sell its Poland gaming venues. The operator announced the talks yesterday in a Form 8-K filing with the Securities and Exchange Commission (SEC).Century Casinos disclosed that it is in preliminary discussions with Totalizator Sportowy, Poland’s state-run gambling operator, regarding a potential sale of its interest in Casinos Poland,” according to the regulatory document.The company said a definitive agreement hasn’t been reached, and that there are no assurances a transaction will be consummated.In December, the gaming company said it was shuttering its casinos in Poland, with the expectation that the venues would reopen on Jan. black oak casino rv park tuolumne caCentury Casinos (NASDAQ:CNTY) revealed it’s in discussions to sell its Poland gaming venues. Cordish, which invested million to rehabilitate Norfolk’s Waterfront District in 2013, says its contract with the city says it would receive gaming privileges should Virginia ever move to legalize commercial gambling.Delayed Casino Time LineVirginia’s gaming law signed by Gov. In 2005, the gaming and hospitality firm developed Riverside on the James, an million rehabilitatibig fish casino how to make moneyon of a 100-year-old power plant. jamul casino video poker

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little river casino and hotelBristol received 71 percent support, Danville 69 percent, Portsmouth 67 percent, and Norfolk 65 percent.The small tribe has already won the gaming rights in Norfolk and is building a 0 million casino there in a partnership with billionaire Jon Yarbrough.The Native American tribe has expressed its plans to construct a 0 million gaming property in Richmond in the Manchester neighborhood. City officials said the development of such magnitude deserved a more careful review and planning.Next November, if a simple majority of Richmond voters back the casino, Virginia will have legalized five commercial casinos.The four casino referendums last November all easily passed. oh harrah s cherokee casinoRalph Northam (D) last year allowed five economically distressed cities to ask their voters whether they want to approve a casino. The company operates 2,150 historical horse racing machines throughout Virginia at seven off-track betting locations, plus its Colonial Downs racetrack.The Cordish Companies, based in Baltimore, has additionally expressed interest in Richmond. Century Casinos (NASDAQ:CNTY) revealed it’s in discussions to sell its Poland gaming venues. big fish casino home

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sycuan casino el cajon caThe operator announced the talks yesterday in a Form 8-K filing with the Securities and Exchange Commission (SEC).Century Casinos disclosed that it is in preliminary discussions with Totalizator Sportowy, Poland’s state-run gambling operator, regarding a potential sale of its interest in Casinos Poland,” according to the regulatory document.The company said a definitive agreement hasn’t been reached, and that there are no assurances a transaction will be consummated.In December, the gaming company said it was shuttering its casinos in Poland, with the expectation that the venues would reopen on Jan. Century Casinos (NASDAQ:CNTY) revealed it’s in discussions to sell its Poland gaming venues. “We estimate a sale of CNTY’s Poland exposure could be 15 percent accretive to the shares, big fish casino how to make moneyassuming a 5x sale multiple and 0.5x of core multiple appreciation.”In the third quarter, the Poland operations accounted for four percent of Century’s earnings before interest, taxes, depreciation and amortization (EBITDA). The gaming projects are designed to provide an economic spark to the struggling metros.Richmond qualified, but opted to wait another year on the measure. The area is located just south of the downtown capital area across the James River.Colonial Downs Group is another interested party. 31.Removing Overhang, Potential Catalyst for CenturyShould the gaming company divest its Poland interests, it could be a catalyst for the stock and remove negative overhang, according to one analyst.“Not only would a Poland exit remove a long-standing perception overhang, but we believe proceeds could also be put back into use acquiring assets in the higher multiple and more shareholder-friendly US regional market,” said Stifel analyst Steven Wieczynski in a note. jamul casino steakhouse