2024.07.18
black hawk casino colorado hotelsCentury Casinos’ Cape Giraradeau, Mo. Century Casinos’ Cape Giraradeau, Mo. That could be to the benefit of shareholders.“Management’s commentary on sustainable operating trends was encouraging, as they believe most changes made to the operating cost structure should prove permanent, with adjusted EBITDA remaining well above pre-COVID levels, even as operations ‘normalize,’” said Stifel’s Stantial.Century’s namesake venues in Cape Girmgm casino 4ardeau and Caruthersville, Mo. the lucky tiger casinoThe 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. 29. 29 at 2 pm CT. seneca niagara casino update island resort and casino presidential suitealiante casino and hotel las vegas nevadaOn Friday afternoon, the mayor announced the deadline to submit a proposal for the city’s casino opportunitymgm casino 4 has been extended until Oct. (Image: KFVS12)The Colorado-based operator reported adjusted earnings before interest, taxes, depreciation and amortization of .2 million on net operating revenue of .2 million for the June quarter. The 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. online casino real money australiaition 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. 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. are bolstering the case for the stock. river spirit casino winners brian christopher slots brittcasino extreme withdrawal timesare bolstering the case for the stock. 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. 29 at 2 pm CT. That could be to the benefit of shareholders.“Management’s commentary on sustainable operating trends was encouraging, as they believe most changes made to the operating cost structure should prove permanent, with adjusted EBITDA remaining well above pre-COVID levels, even as operations ‘normalize,’” said Stifel’s Stantial.Century’s namesake venues in Cape Girmgm casino 4ardeau and Caruthersville, Mo. 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.That could be to the benefit of shareholders.“Management’s commentary on sustainable operating trends was encouraging, as they believe most changes made to the operating cost structure should prove permanent, with adjusted EBITDA remaining well above pre-COVID levels, even as operations ‘normalize,’” said Stifel’s Stantial.Century’s namesake venues in Cape Girmgm casino 4ardeau and Caruthersville, Mo. jamul casino food black hawk casino monarch |