No Deposit Bonus Codes For Hallmark Casino June 2020 round,” says Morningstar. “The company plans to expand Wynn Sports’ digital sports-betting offer to Colorado and Indiana in partnership with Scientific Games. clearwater casino lewiston More recently, Wynn tied up with GAN, an Internet gambling software supplier, allowing the latter to provide the platform for Wynn’s online sports betting and casino gaming. viejas casino online ” Regional gaming company Century Casinos is on a tear from its March lows, surging nearly 466 percent over that span. black bear casino duluth mn hotel But at least one analyst believes the stock has much more upside ahead, particularly if a “transformative” acquisition comes to pass over the next several months. Online Casino Real Money No Deposit 777spinslot Com Epvn The sportsbook at the Mountaineer Casino West Virginia, a Century Casinos property. Error Code: 521 Zyxi Switzerland An analyst thinks the stock can double and more.
(Image: WTRF)In a note to clients last Friday, Roth Capital analyst David Bain reiterated a “buy” rating on Century with a 12-month price target. That implies the stock will nearly double from its Oct. 16 close at . black hawk casino dreb code paragon casino friday night buffet 72. A move to would be well above the name’s pre-pandemic peak of . gold spike casino downtown las vegas 95. clearwater casino gambling age N Gage Casino No Deposit Bonus Okfy Colorado-based Century operates gaming properties in its home state, Missouri, and in West Virginia, and has international venues in Canada, Poland, and in the UK.
Key Insights and Expert Analysis
However, the operator recently sold a Canadian asset, and Bain believes the company can turn its revenue mix to 80 percent US/20 percent Canada by 2022 with some smart acquisitions. Century is in unique position to benefit from an unprecedented number no deposit bonus casino india 2021of marketed, underpriced gaming assets,” said the analyst. angel of the winds casino in washington state “We calculate CNTY could comfortably acquire a million earnings before interest, taxes, depreciation, amortization, and restructuring or rent costs (EBITDAR) US gaming asset with little to no equity capital consideration. doubledown casino customer service ”Translation: Bain believes the operator can purchase a rival without having to shell out equity, which is preferable for investors, because when companies issue new stock, current shareholders are diluted. The Road to As of the Oct. 16 close, Century has 3. no deposit bonus joo casino 62 million market capitalization, so even if it doubles in value, as Bain believes it can, it’d still be a small-cap stock.
Under any circumstances, a stock doubling is impressive, but approaching a quadruple is obviously moreso. That could be the case for Century, as Bain sees a road for the name possibly surging to , an undoubtedly impressive feat considering this was a name at its March nadir. If an accretive acquisition is made, Century could trade at a 4x enterprise value/EBITDA in 2022, compared to 9. firekeepers casino reopen 1x for its peers, according to the analyst. “At a two turn discount to peers, CNTY would trade for per share,” said Bain. blackjack casino cheating casino near me cleveland ohio Broadly speaking, Wall Street is enthusiastic about Century stock, but is an ambitious forecast. In roughly a decade as a publicly traded entity, the operator has only enjoyed brief moments trading above , never even touching , let alone . draftkings casino and sportsbook
‘Transformative’ Deal Cno deposit bonus casino india 2021ould HappenWhile Century is one of the smallest publicly traded gaming outfits in the US, its management team has a reputation for making shrewd deals, and Bain believes another such acquisition could be in the works, saying a “transformative” transaction could be unveiled over the next six months. 5 Slot Machines Bpca The analyst notes the combination of larger gaming enterprises either grappling with issues stemming from the COVID-19 pandemic, working to strengthen finances, focusing on iGaming and sports betting, or all of the above, is leaving some assets underpriced, perhaps positioning a company like Century to strike. cashman casino win real money “CNTY is one of a handful of companies with the balance sheet capability to pursue such assets, which combined with a proven M&A record/management and portfolio, that such an acquisition could leapfrog its current stock multiple/shareholder base, in our view,” said Bain. wild horse pab casino pendleton Massachusetts casinos performed well during


