2024.07.18
free online poker vegas worldCentury holds a 66.6 percent stake in in Casinos Poland Ltd., the operator of its gaming properties in the country.As of Dec. (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 t“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. casino u beogradu27, Poland has 1.26 million confirmed cases of COVID-19 and 27,118 deaths. Century Casinos (NASDAQ:CNTY) is temporarily shuttering its eight gaming properties in Poland. The operator is again temporarily closing its eight Poland venues because of COVID-19 protocols. online gambling connecticut mountaineer casino covidbig fish casino hack“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. That after 10,000 doses of the Pfizer/BioNTech coronavirus vaccine arrived last weekend.Dealing with Other RestrictionsPoland isn’t the only market in which Century is grappling with another round of coronavirus restrictions. 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. doubledown casino million chip codesCanadian gaming properties are currently shuttered because of the pandemic.The company runs two casinos in the western province of Alberta, a racino, and multiple pari-mutuel facilities in that region.Two of Century’s most important US venues, a pair of namesake properties in the Colorado gaming towns of Central City and Cripple Creek, are also operating under state-mandated capacity restrictions.The operator’s other domestic properties are the Mountaineer Casino, Racetrack & Resort in West Virginia, and a pair of eponymous casinos in Missouri.But some of the related equities are in the midst of multi-month rallies, with gaming stocks leading the way. On May 18, the stock soared when the company confirmed the reopening of the eight casinos.In the third quarter, the Poland operations accounted for four percent of Century’s adjusted earnings before interest, taxes, depreciation and amortization (EBITDA), accchinook winds casino expansionording to the company. 7 free slots treasures of egypt hard rock casino bakersfieldtwin river casino reopening phase 3 and monetizing the Caesars Rewards database as previously discussed by management,” said the analyst. From the Dec. (Image: Kait8)The shutdowns go into effect today at 11:59 p.m local time and will run through Jan. From the Dec. From the Dec. That name and Wynnchinook winds casino expansion are hot ideas among gaming stocks for 2021. jamul casino and hotel downstream casino tickets |