2024.07.19
bcslots youtube today(Image: Kait8)The shutdowns go into effect today at 11:59 p.m local time and will run through Jan. Century Casinos (NASDAQ:CNTY) is temporarily shuttering its eight gaming properties in Poland. “We believe this will be just the first of many licensing and branding agreements that will evolve into a lucrative, high-margin, fee stream for the company.”When Eldorado completed its takeover of “old Caesars” in July, that transaction created a massive influx of new members to Caesars Rewards. online gambling with vpnThe travel and leisure industry was bludgeoned by the coronavirus pandemic this year. From the Dec. 13 through Dec. riverwind casino oklahoma 9 norman ok cliff castle casino hr departmentcasino like lucky creek26 period, the country’s case count was 127,257. Century holds a 66.6 percent stake in in Casinos Poland Ltd., the operator of its gaming properties in the country.As of Dec. Canadian gaming properties are currently shuttered because of the pandemic.The company runs two casinos in the western province of Alberta, a racino, and multiple pari-mutuel facilities in that region.Two of Century’s most important US venues, a pair of namesake properties in the Colorado gaming towns of Central City and Cripple Creek, are also operating under state-mandated capacity restrictions.The operator’s other domestic properties are the Mountaineer Casino, Racetrack & Resort in West Virginia, and a pair of eponymous casinos in Missouri.big dollar online casino no deposit bonusThe Colorado-based gaming company said the closures will hamper its financial results into 2021.The COVID-19 situation continues to evolve rapidly, and it currently appears that due to the pandemic’s current scope it will adversely impact the company at least through the first half of 2021,” according to a statement issued by the operator.Despite the announcement that the Poland closures will weigh on financials, shares of Century are higher in early trading, extending a run in which the regional gaming name is up nearly 16 percent in the fourth quarter.Poland Important Part of Century Stock ThesisGamblers and investors alike aren’t going to confuse Poland with Las Vegas. The Colorado-based gaming company said the closures will hamper its financial results into 2021.The COVID-19 situation continues to evolve rapidly, and it currently appears that due to the pandemic’s current scope it will adversely impact the company at least through the first half of 2021,” according to a statement issued by the operator.Despite the announcement that the Poland closures will weigh on financials, shares of Century are higher in early trading, extending a run in which the regional gaming name is up nearly 16 percent in the fourth quarter.Poland Important Part of Century Stock ThesisGamblers and investors alike aren’t going to confuse Poland with Las Vegas. Canadian gaming properties are currently shuttered because of the pandemic.The company runs two casinos in the western province of Alberta, a racino, and multiple pari-mutuel facilities in that region.Two of Century’s most important US venues, a pair of namesake properties in the Colorado gaming towns of Central City and Cripple Creek, are also operating under state-mandated capacity restrictions.The operator’s other domestic properties are the Mountaineer Casino, Racetrack & Resort in West Virginia, and a pair of eponymous casinos in Missouri.desert diamond casino owner poker casino maltasoaring eagle casino youtube18. Soon thereafter, the stock plunged 39 percent in a single day when Century said it was halting operations at its Polish venues. But given the company’s penchant for selling regional venues to smaller operators with less brand recognition, there should be more opportunities for licensing revenue via either the label or Caesars Rewards.(Image: Bloomberg)Some market observers are wagering gaming stocks, which are already topping cruise operators and hotel equities, will continue doing so in 2021, with names such as Caesars Entertainment (NASDAQ: CZR) and Wynn Resorts (NASDAQ:WYNN) best positioned to capitalize on COVID-19 vaccines coming to market, and pent-up demand trends.Some analysts are more bullish on leisure than corporate travel, the latter of which is a major contributor tFrom the Dec. From the Dec. 4 crowns casino no deposit bonus big fish casino home |