2024.07.18
online casino no deposit bonus free moneyWall Street is excited about the stock. Century Casinos (NASDAQ:CNTY) stock soared 22.12 percent this week after the regional gaming company easily surpassed second-quarter earnings and revenue estimates. 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. captain jack casino appIn the case of Century, it appears as though the company can operate in leaner fashion as business normalizes. 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. venue. hollywood casino no deposit bonus roulette casino online gamelucky creek casino bonusesCentury Casinos’ Cape Giraradeau, Mo. venue. 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.online gambling 2011“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. Chicago Mayor Lori Lightfoot speaks at a July 15 groundbreaking for a new park facility. 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. free online slots instant play admiral casino northamptonroyal ace casino welcome bonusAs expected, Chicago officials announced on Friday afternoon that the deadline to submit proposals for the city’s planned casino has been extended by more than nine weeks. Wall Street is excited about the stock. In April, when city officials released the request for proposals for the development project, they requested documents by 2 pm CT on Aug. The second quarter ended on June 30.CNTY’s international assets were closed for most of Q2, though initial results post-opening outpaced expectations, while regional gaming demand in the US remained robust,” said Stifel analyst Jeffrey Stantial in a note out Friday. 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. On Friday afternoon, the mayor announced the deadline to submit a proposal for the city’s casino opportunitycasino near me directions has been extended until Oct. zynga poker install draftkings casino legal states |