scarlet pearl casino restaurantsOn Friday afternoon, the mayor announced the deadline to submit a proposal for the city’s casino opportunityfree slot games heart of vegas 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. In April, when city officials released the request for proposals for the development project, they requested documents by 2 pm CT on Aug. casino 24 hours near meChicago Mayor Lori Lightfoot speaks at a July 15 groundbreaking for a new park facility. “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. That prompted at least one analyst to say there’s more upside available with the already hot shares. winstar world casino inn

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borgata casino online23, 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 ResoCentury Casinos (NASDAQ:CNTY) stock soared 22.12 percent this week after the regional gaming company easily surpassed second-quarter earnings and revenue estimates. In the case of Century, it appears as though the company can operate in leaner fashion as business normalizes. turtle creek casino logoThat prompted at least one analyst to say there’s more upside available with the already hot shares. 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. 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. casino 24 hours

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