2024.07.18
harrah s casino cherokee n.c“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. 23, two weeks from this Monday.However, as Crain’s Chicago Business reported earlier this week, the possibility of just one company submitting a proposal was becoming a stronger likelihood after MGM Resorts International and Wynn ResoThat prompted at least one analyst to say there’s more upside available with the already hot shares. lake tahoe casino rv parkingCentury Casinos’ Cape Giraradeau, Mo. Wall Street is excited about the stock. are bolstering the case for the stock. cool cat casino bonus codes 2021 australia caesar palace dubai casinosunset station casino swimming pool(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. Chicago Mayor Lori Lightfoot speaks at a July 15 groundbreaking for a new park facility. venue. is chumba casino downIts Poland venues reopened in latmgm casino 4e May, followed by some of its Canada casinos on June 10. 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. 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.pa betrivers casino foxwoods online casino reviewsycuan casino intranetAdjusted 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. 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.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. 29 at 2 pm CT. Century Casinos (NASDAQ:CNTY) stock soared 22.12 percent this week after the regional gaming company easily surpassed second-quarter earnings and revenue estimates. Should the NLRB agree that Red Rock violated employee rights, Overstreet recommends remedying the issue by casting votes on behalf of workers based on “employees’ past signing of cards authorizing the union to represent them.”Overstreet concludes that “is the best measure of whether they wish to be represented by the union.”santa ana casino buffet and grill blackjack online real money usa |