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downstream casino ownersThe 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. Based 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. But some of the related equities are in the midst of multi-month rallies, with gaming stocks leading the way. twin river casino jobs18. One of Century’s two casinos in Misssycuan casino free shuttleouri. The travel and leisure industry was bludgeoned by the coronavirus pandemic this year. free poker games online 888 mgm casino open yetaliante casino las vegasThat after 10,000 doses of the Pfizer/BioNTech coronavirus vaccine arrived last weekend.Dealing with Other RestrictionsPoland isn’t the only market in which Century is grappling with another round of coronavirus restrictions. Based 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. Canadian gaming properties are currently shuttered because of the pandemic.The company runs two casinos in the western province of Alberta, a racino, and multiple pari-mutuel facilities in that region.Two of Century’s most important US venues, a pair of namesake properties in the Colorado gaming towns of Central City and Cripple Creek, are also operating under state-mandated capacity restrictions.The operator’s other domestic properties are the Mountaineer Casino, Racetrack & Resort in West Virginia, and a pair of eponymous casinos in Missouri.little river casino online(Image: Bloomberg)Some market observers are wagering gaming stocks, which are already topping cruise operators and hotel equities, will continue doing so in 2021, with names such as Caesars Entertainment (NASDAQ: CZR) and Wynn Resorts (NASDAQ:WYNN) best positioned to capitalize on COVID-19 vaccines coming to market, and pent-up demand trends.Some analysts are more bullish on leisure than corporate travel, the latter of which is a major contributor tPrime Minister Mateusz Morawiecki said 300,000 doses of a vaccine arrived in the country today and will immediately be distributed to 250 hospitals. 27, Poland has 1.26 million confirmed cases of COVID-19 and 27,118 deaths. seminole casino poker room casinobonus2.com no deposit bonuspoker hand winsFrom the Dec. The operator is again temporarily closing its eight Poland venues because of COVID-19 protocols. Century Casinos (NASDAQ:CNTY) is temporarily shuttering its eight gaming properties in Poland. and monetizing the Caesars Rewards database as previously discussed by management,” said the analyst. Soon thereafter, the stock plunged 39 percent in a single day when Century said it was halting operations at its Polish venues. That’s because of new quarantine protocols mandated by the government there to stem the spread of the coronavirus. the online gambling market 2 casino road tenterfield |