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MGM would love the chance to turn Yonkers into a full-fledged casino, with table games and sports betting. So, too, would Resorts World at its Aqueduct racino. A weakened Cuomo may not be able to get – or stop – what he chooses this time around. Bellagio Casino Spa Apik Century Casinos (NASDAQ:CNTY) stock surged 9. hallmark casino no deposit codes 2021 43 percent on Friday, racing to a new 52-week high. online casino real money safe That came a day after the regional gaming complive casino foodany reported fourth-quarter earnings before interest, taxes, depreciation and amortization (EBITDA) that beat Wall Street forecasts. Century Casino in Cripple Creek, Colo. casino near me arkansas Trends are looking up for the operator. Casino Poker Tournaments Sxoa (Image: Colorado Advantage)On Thursday, the Colorado-based gaming company reported adjusted EBITDA in the October through December period of . encore casino violence 7 million, up 227 percent from the year earlier period. raging bull casino withdrawal time
Key Insights and Expert Analysis
Temporary closures of the operator’s venues in Canada and Poland led to a miss of analysts’ revenue estimates. online casino 50 free But investors clearly cheered the EBITDA beat and Century’s developing margin expansion story. We think CNTY remains an attractive way to invest in the margin expansion and pent-up demand thesis we have highlighted across our research, with shares trading at just ~7x despite most peers testing record multiples,” said Stifel analyst Steven Wieczynski in a note to clients Friday. He rates Century stock a “buy” and boosted his price target on the name to from , implying upside of almost 20 percent from the March 12 close. Investors appeared to applaud that revelation, as well as the shares climbing on more than double the average daily volume yesterday. Plenty of Catalysts for Century StockUp nearly 116 percent over the past year, the regional gaming company is still one of the smallest publicly traded casino operators in the US, with a market capitalization of 6. Free Blackjack Casino Games Wvlz 25 million. draftkings casino twitter However, that metric belies what some market observers blive casino foodelieve is a big-time story. Including a possible sale of its Poland assets and the possibility of bolt-on purchases in the US, Century is seen as a catalyst-rich story among analysts. The company previously said it could go shopping for attractively priced domestic regional casinos in the back half of this year.
“The catalyst path to re-rate higher looks rich, with a Poland sale and further US acquisitions both potential 2021 events,” said Wieczynski. In the US, Century’s roster consists of casinos in its home state of Colorado, as well as Missouri and West Virginia. morongo casino ufc fight Online Casino 60 Freispiele Ohne Einzahlung Eqqk As of Dec. 31, 2020, the company had . wild horse pab casino players club 4 million in cash and cash equivalents on its balance sheet. That stockpile increased . 6 million in a year. Bullish OutlookCentury management noted margin expansion trends can prove long-lasting, and it’s optimistic that as more folks


