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borgata casino foodAdjusted 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. Century Casinos’ Cape Giraradeau, Mo. 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. free casino slot machineThe 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 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. Wall Street is excited about the stock. golden nugget casino sign up

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roulette table casinoare 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.are bolstering the case for the stock. bellagio casino net worth“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. 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 Resoare bolstering the case for the stock. big dollar casino affiliates

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zeus 2 casino slot machine6 close. “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. Century Casinos’ Cape Giraradeau, Mo. 29. 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. Should the NLRB agree that Red Rock violated employee rights, Overstreet recommends remedying the issue by casting votes on behalf of workers based on “employees’ past signing of cards authorizing the union to represent them.”Overstreet concludes that “is the best measure of whether they wish to be represented by the union.”river spirit casino security

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