is encore casino open nowSoon thereafter, the stock plunged 39 percent in a single day when Century said it was halting operations at its Polish venues. “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. Century Casinos (NASDAQ:CNTY) is temporarily shuttering its eight gaming properties in Poland. casino 24 hoursBased on pre-merger figures, there are approximately 65 million participants in the loyalty platform.There are six tier levels: Gold, Platinum, Diamond, Diamond Plus, Diamond Elite, and Seven Stars.Other Branding EffortsThe operator is planning to rename Harrah’s New Orleans, which is the only casino in that city, with the Caesars brand.Earlier this year, the company was able to wring million out of the Bally’s mark, selling that label to Twin River Worldwide Holdings, with the buyer becoming Bally’s in the process.The next moves for the Caesars brand and the rewards program haven’t been revealed. 27, Poland has 1.26 million confirmed cases of COVID-19 and 27,118 deaths. 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. foxwoods online promo codes 2020

bellagio casino credit department

turtle creek casino mapOn 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. That’s because of new quarantine protocols mandated by the government there to stem the spread of the coronavirus. 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. tropicana laughlin casino towerThe travel and leisure industry was bludgeoned by the coronavirus pandemic this year. 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. Prime Minister Mateusz Morawiecki said 300,000 doses of a vaccine arrived in the country today and will immediately be distributed to 250 hospitals. scarlet pearl casino mibibippi

fanduel casino illinois

free online poker no moneyThe operator is again temporarily closing its eight Poland venues because of COVID-19 protocols. 18.  and monetizing the Caesars Rewards database as previously discussed by management,” said the analyst. “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. One of Century’s two casinos in Misschinook winds casino expansionouri. 18. table de poker casino montreux