casino queen blackjack tablesAdjusted 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. 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 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. valley forge casino maskare bolstering the case for the stock. 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 ResoIn April, when city officials released the request for proposals for the development project, they requested documents by 2 pm CT on Aug. hard rock casino tampa jobs

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cashman casino iosThose efforts and the company’s cash position could be enhanced by the planned sale of its Poland assets.“We also see valuation accretive M&A catalysts (Poland sale near-term; U.S. In the case of Century, it appears as though the company can operate in leaner fashion as business normalizes. 6 close. blackjack online redditAs 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. (Image: Chicago Mayor’s Office/Facebook)The new deadline is Oct. are bolstering the case for the stock. slot casino apk

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mountaineer casino new years eveThat could be to the benefit of shareholders.“Management’s commentary on sustainable operating trends was encouraging, as they believe most changes made to the operating cost structure should prove permanent, with adjusted EBITDA remaining well above pre-COVID levels, even as operations ‘normalize,’” said Stifel’s Stantial.Century’s namesake venues in Cape Girmgm casino 4ardeau and Caruthersville, Mo. Its Poland venues reopened in latmgm casino 4e May, followed by some of its Canada casinos on June 10. are bolstering the case for the stock. 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.“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. turtle lake casino poker