2024.07.18
eldorado casino reno airport shuttleThe entrance to one of Century’s Colorado casinos. Century Casinos (NASDAQ:CNTY) revealed it’s in discussions to sell its Poland gaming venues. Cordish, which invested million to rehabilitate Norfolk’s Waterfront District in 2013, says its contract with the city says it would receive gaming privileges should Virginia ever move to legalize commercial gambling.Delayed Casino Time LineVirginia’s gaming law signed by Gov. mgm casino logoThe entrance to one of Century’s Colorado casinos. However, the company still warned property closures would adversely impact its results through the first half of 2021.Wieczynski forecast that the Poland casinos would account for just eight percent of Century’s earnings before interest, taxes, depreciation, amortizaThe operator announced the talks yesterday in a Form 8-K filing with the Securities and Exchange Commission (SEC).Century Casinos disclosed that it is in preliminary discussions with Totalizator Sportowy, Poland’s state-run gambling operator, regarding a potential sale of its interest in Casinos Poland,” according to the regulatory document.The company said a definitive agreement hasn’t been reached, and that there are no assurances a transaction will be consummated.In December, the gaming company said it was shuttering its casinos in Poland, with the expectation that the venues would reopen on Jan. wild horse pab casino hiring online gambling offersno deposit bonus casino offersA day before the properties were to reopen, Century announced the casinos would remain closed through Jan. Ralph Northam (D) last year allowed five economically distressed cities to ask their voters whether they want to approve a casino. , master planning, and strategy development.The EDA has up to 0,000 to spend on consultant fees for the casino project.Danville, Virginia, also hired Convergence to help it select a casino partner. brian christopher slots latest videoA day before the properties were to reopen, Century announced the casinos would remain closed through Jan. Century Casinos (NASDAQ:CNTY) revealed it’s in discussions to sell its Poland gaming venues. Ralph Northam (D) last year allowed five economically distressed cities to ask their voters whether they want to approve a casino. wsop free online poker download intertops casino no deposit welcome bonusspa at valley forge casino31.Removing Overhang, Potential Catalyst for CenturyShould the gaming company divest its Poland interests, it could be a catalyst for the stock and remove negative overhang, according to one analyst.“Not only would a Poland exit remove a long-standing perception overhang, but we believe proceeds could also be put back into use acquiring assets in the higher multiple and more shareholder-friendly US regional market,” said Stifel analyst Steven Wieczynski in a note. The operator announced the talks yesterday in a Form 8-K filing with the Securities and Exchange Commission (SEC).Century Casinos disclosed that it is in preliminary discussions with Totalizator Sportowy, Poland’s state-run gambling operator, regarding a potential sale of its interest in Casinos Poland,” according to the regulatory document.The company said a definitive agreement hasn’t been reached, and that there are no assurances a transaction will be consummated.In December, the gaming company said it was shuttering its casinos in Poland, with the expectation that the venues would reopen on Jan. Convergence and the EDA will review each, and ultimately pick a winner.The Pamunkey Indian Tribe has publicly stated that it will bid in Richmond. Today, the building features 240,000 square feet of office space, 122 apartments, and an 800-space parking lot.Cordish is amid a legal fight in Norfolk regarding the city picking the Pamunkey Tribe for its casino. The gaming projects are designed to provide an economic spark to the struggling metros.Richmond qualified, but opted to wait another year on the measure. The operator announced the talks yesterday in a Form 8-K filing with the Securities and Exchange Commission (SEC).Century Casinos disclosed that it is in preliminary discussions with Totalizator Sportowy, Poland’s state-run gambling operator, regarding a potential sale of its interest in Casinos Poland,” according to the regulatory document.The company said a definitive agreement hasn’t been reached, and that there are no assurances a transaction will be consummated.In December, the gaming company said it was shuttering its casinos in Poland, with the expectation that the venues would reopen on Jan. coushatta casino bingo mgm casino national harbor covid 19 |