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go wild casino reviewHard Rock is investing another million into its casino resort. Riley’s Bain says the gaming company could imminently return to its acquisitive ways, and that could potentially trigger more than doubling of the share price.“CNTY represents a scarce casino operator value play that could potentially double earnings before interest, taxes, depreciation, amortization, and restructuring or rent costs (EBITDAR) through domestic acquisitions by CY23E, creating per-share value of over , in our view,” said the analyst. (Image: Pinterest)Thoseo bellagio las vegas just now discovering the regional casino operator can take heart, because analysts see more upside coming for the shares. mountaineer casino newell west virginiaThat easily makes it one of the best-performing gaming equities. Hard Rock is investing another million into its casino resort. Those properties like Hard Rock that are in it for the long run are investing their dollars now.”Other Attractions Coming to ACShowboat owner Bart Blatstein believes Atlantic City must be more than casinos to attract new visitors. borgata casino gift cards kansas star casino america concertonline casino no deposit bonus free spinsHard Rock International acquired the shuttered Trump Taj Mahal from Carl Icahn for just million in 2017. Atlantic City is warming up, and guests are seen here enjoying the boardwalk. renovating 91 suites at the Boardwalk casino. luckyland slots casino“With declining revenue, there are only so many visitors out there. Riley’s Bain says the gaming company could imminently return to its acquisitive ways, and that could potentially trigger more than doubling of the share price.“CNTY represents a scarce casino operator value play that could potentially double earnings before interest, taxes, depreciation, amortization, and restructuring or rent costs (EBITDAR) through domestic acquisitions by CY23E, creating per-share value of over , in our view,” said the analyst. The casino company owned by the Seminole Tribe of Florida then invested more than half a billion dollars to transform the India-themed property with turrets, minarets, and fake gold into a rock ‘n roll gaming resort destination.Now, less than three years later, Hard Rock is dumping another million into its Atlantic City footprint.Sixty-six Celebrity and 25 Roxy suites will be renovated, and all standard rooms were recently upgraded with new flat-screen televisions and LED lighting. intertops bonus codes boulder station casino mexican restaurantpeppermill casino promo codeIt’s become more competitive. That implies appreciation potential of about 38 percent from the April 30 close.CNTY’s properties are locals-based, which we believe are benefiting from multiple drivers in the current environment, including the vaccine drive and fiscal stimulus,” said Bain in a note to clients.Those factors, coupled with the stock’s ascent, confirm analysts and investors are prizing Century for its US exposure, because the shares are soaring even as the operator contends with temporary closures of venues in Canada and Poland.In the US, Century’s roster consists of a pair of casinos in its home state of Colorado, as well as Missouri and West Virginia.Century Stock Could Be Moved by AcquisitionsWhile Century’s portfolio of domestic properties is small compared to some rivals in the regional casino space, the operator is beloved by some analysts because management has a reputation for effectively integrating bolt-on acquisitions.At the end of last year, the company had .4 million in cash on hand, and with Century stock soaring, it has currency to go shopping. Ocean Casino Resort last month announced a million property refresh, and Bally’s is investing million in a much-needed and long-overdue renovation of its boardwalk namesake. Hard Rock is investing another million into its casino resort. renovating 91 suites at the Boardwalk casino. Plus, there’s the widely expected sale of its Poland assets, which should bring in extra cash o bellagio las vegasfor deal-making. jamul casino rooftop morongo casino palm springs |