2024.07.17
paragon casino rv park18. That’s because of new quarantine protocols mandated by the government there to stem the spread of the coronavirus. Century Casinos (NASDAQ:CNTY) is temporarily shuttering its eight gaming properties in Poland. peppermill casino buffet wendoverPrime Minister Mateusz Morawiecki said 300,000 doses of a vaccine arrived in the country today and will immediately be distributed to 250 hospitals. Soon thereafter, the stock plunged 39 percent in a single day when Century said it was halting operations at its Polish venues. 13 through Dec. poker casino wien black hawk casino numberwhen black hawk casino reopen and monetizing the Caesars Rewards database as previously discussed by management,” said the analyst. That name and Wynnsycuan casino free shuttle are hot ideas among gaming stocks for 2021. (Image: Kait8)The shutdowns go into effect today at 11:59 p.m local time and will run through Jan. casino world.cBut given the company’s penchant for selling regional venues to smaller operators with less brand recognition, there should be more opportunities for licensing revenue via either the label or Caesars Rewards.From the Dec. “We believe this will be just the first of many licensing and branding agreements that will evolve into a lucrative, high-margin, fee stream for the company.”When Eldorado completed its takeover of “old Caesars” in July, that transaction created a massive influx of new members to Caesars Rewards. blackjack online tournament desert diamond casino old nogales highwaybellagio casino onlineThe operator is again temporarily closing its eight Poland venues because of COVID-19 protocols. (Image: Bloomberg)Some market observers are wagering gaming stocks, which are already topping cruise operators and hotel equities, will continue doing so in 2021, with names such as Caesars Entertainment (NASDAQ: CZR) and Wynn Resorts (NASDAQ:WYNN) best positioned to capitalize on COVID-19 vaccines coming to market, and pent-up demand trends.Some analysts are more bullish on leisure than corporate travel, the latter of which is a major contributor tThe Colorado-based gaming company said the closures will hamper its financial results into 2021.The COVID-19 situation continues to evolve rapidly, and it currently appears that due to the pandemic’s current scope it will adversely impact the company at least through the first half of 2021,” according to a statement issued by the operator.Despite the announcement that the Poland closures will weigh on financials, shares of Century are higher in early trading, extending a run in which the regional gaming name is up nearly 16 percent in the fourth quarter.Poland Important Part of Century Stock ThesisGamblers and investors alike aren’t going to confuse Poland with Las Vegas. The Colorado-based gaming company said the closures will hamper its financial results into 2021.The COVID-19 situation continues to evolve rapidly, and it currently appears that due to the pandemic’s current scope it will adversely impact the company at least through the first half of 2021,” according to a statement issued by the operator.Despite the announcement that the Poland closures will weigh on financials, shares of Century are higher in early trading, extending a run in which the regional gaming name is up nearly 16 percent in the fourth quarter.Poland Important Part of Century Stock ThesisGamblers and investors alike aren’t going to confuse Poland with Las Vegas. But given the company’s penchant for selling regional venues to smaller operators with less brand recognition, there should be more opportunities for licensing revenue via either the label or Caesars Rewards.But the Eastern European nation is an important part of how Century stock is viewed.Earlier this year, the shares sagged when the operator said the pandemic was hindering revenue in Poland by 10 percent. mgm casino pa black lotus casino bonus codes april 2021 |