sam town casino hotelThe 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. Century Casinos (NASDAQ:CNTY) stock soared 22.12 percent this week after the regional gaming company easily surpassed second-quarter earnings and revenue estimates. Century Casinos’ Cape Giraradeau, Mo. coushatta casino bus tripsOn Friday afternoon, the mayor announced the deadline to submit a proposal for the city’s casino opportunityfree slot games heart of vegas has been extended until Oct. ition on behalf of the workers who filed NLRB complaints that Red Rock’s action were “so serious and substantial in character” that a fair election in the future cannot be held. Adjusted 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. borgata hotel casino spa 1

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casino golden palace on linevenue. 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.Chicago Mayor Lori Lightfoot speaks at a July 15 groundbreaking for a new park facility. harrah s cherokee casino event center seating chartAs Stantial notes, second-quarter adjusted EBITDAR at those venues was double what it was in the same period in 2019, with slot and table game volumes at historically high levels.Century recently landed approval to bring the Caruthersville riverboat ashore, and is planning a large-scale hotel expansion at the venue.Other Catalysts for Century StockWith .2 million in cash and no debt maturities before 2026, Century could be a player in mergers and acquisitions in the US later this year — something analysts have discussed for some time. 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.As Stantial notes, second-quarter adjusted EBITDAR at those venues was double what it was in the same period in 2019, with slot and table game volumes at historically high levels.Century recently landed approval to bring the Caruthersville riverboat ashore, and is planning a large-scale hotel expansion at the venue.Other Catalysts for Century StockWith .2 million in cash and no debt maturities before 2026, Century could be a player in mergers and acquisitions in the US later this year — something analysts have discussed for some time. clearwater casino kt tunstall

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roulette casino set“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. 29 at 2 pm CT. (Image: Chicago Mayor’s Office/Facebook)The new deadline is Oct. Those 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. That prompted at least one analyst to say there’s more upside available with the already hot shares. Chicago Mayor Lori Lightfoot speaks at a July 15 groundbreaking for a new park facility. install free casino slot games