2024.07.12
casino empireAdjusted 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. 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. 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. free slot games for android phonesacquisitions 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.29 at 2 pm CT. are bolstering the case for the stock. cool cat casino tournaments huile d olive casino prixliberty slots free spins for existing playersThose efforts and the company’s cash position could be enhanced by the planned sale of its Poland assets.“We also see valuation accretive M&A catalysts (Poland sale near-term; U.S. Wall Street is excited about the stock. Wall Street is excited about the stock. tachi palace casino foodOn Friday afternoon, the mayor announced the deadline to submit a proposal for the city’s casino opportunitycasino near me directions has been extended until Oct. That prompted at least one analyst to say there’s more upside available with the already hot shares. Century Casinos (NASDAQ:CNTY) stock soared 22.12 percent this week after the regional gaming company easily surpassed second-quarter earnings and revenue estimates. is borgata casino smoke free raging bull casino 25 free spinsfree slot games you tubeOn Friday afternoon, the mayor announced the deadline to submit a proposal for the city’s casino opportunitycasino near me directions has been extended until Oct. 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. 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. 29 at 2 pm CT. That prompted at least one analyst to say there’s more upside available with the already hot shares. (Image: Chicago Mayor’s Office/Facebook)The new deadline is Oct. la roulette casino seneca niagara casino king suite |