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casino table games manager salaryAfter soaring more than 23 percent this week, Century Casinos (NASDAQ:CNTY) is up 106 percent year-to-date. Riley’s Bain says the gaming company could imminently return to its acquisitive ways, and that could potentially trigger more than doubling of the share price.“CNTY represents a scarce casino operator value play that could potentially double earnings before interest, taxes, depreciation, amortization, and restructuring or rent costs (EBITDAR) through domestic acquisitions by CY23E, creating per-share value of over , in our view,” said the analyst. In fact, it was analyst commentary that sparked some of the stock’s surge this week, as B. hollywood casino amphitheatre tinley parkAn analyst sees more upside ahead for the stock. The Showboat is a non-gaming resort because of a deed restriction Caesars placed on the property when it sold it back in 2014.“We’re going to be the first true year-round family resort in Atlantic City,” Blatstein said recently.It would have been worse if it were not for online gambling and mobile sports betting.Despite 13 months and counting of challenges, Atlantic City casino owners are preparing for better economic conditions ahead. wild west casino free slots online 4udownstream casino steakhouseRiley’s David Bain initiated coverage of the gaming equity with a “buy” rating and an price target. Cripple Creek, Colo., home to a Century Casinos venue. That easily makes it one of the best-performing gaming equities. is harrah s casino open now(Image: Philadelphia Inquirer)Hard Rock only opened its integrated resort in Atlantic City in June of 2018. The Showboat is a non-gaming resort because of a deed restriction Caesars placed on the property when it sold it back in 2014.“We’re going to be the first true year-round family resort in Atlantic City,” Blatstein said recently.Those properties like Hard Rock that are in it for the long run are investing their dollars now.”Other Attractions Coming to ACShowboat owner Bart Blatstein believes Atlantic City must be more than casinos to attract new visitors. choctaw casino and resort bellagio casino in las vegasharrah s cherokee casino resort“With declining revenue, there are only so many visitors out there. That implies appreciation potential of about 38 percent from the April 30 close.CNTY’s properties are locals-based, which we believe are benefiting from multiple drivers in the current environment, including the vaccine drive and fiscal stimulus,” said Bain in a note to clients.Those factors, coupled with the stock’s ascent, confirm analysts and investors are prizing Century for its US exposure, because the shares are soaring even as the operator contends with temporary closures of venues in Canada and Poland.In the US, Century’s roster consists of a pair of casinos in its home state of Colorado, as well as Missouri and West Virginia.Century Stock Could Be Moved by AcquisitionsWhile Century’s portfolio of domestic properties is small compared to some rivals in the regional casino space, the operator is beloved by some analysts because management has a reputation for effectively integrating bolt-on acquisitions.At the end of last year, the company had .4 million in cash on hand, and with Century stock soaring, it has currency to go shopping. (Image: Philadelphia Inquirer)Hard Rock only opened its integrated resort in Atlantic City in June of 2018. It would have been worse if it were not for online gambling and mobile sports betting.Despite 13 months and counting of challenges, Atlantic City casino owners are preparing for better economic conditions ahead. The million investment round will also bring a Starbucks to the boardwalk, additional slot machines to the casino floor, and new outdoor beach amenities. An analyst sees more upside ahead for the stock. harrah s cherokee casino check in time jamul casino gift giveaway |