2024.07.17
river spirit casino diningThe 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. 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. 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. mohegan sun casino mask policyBut given the company’s penchant for selling regional venues to smaller operators with less brand recognition, there should be more opportunities for licensing revenue via either the label or Caesars Rewards.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.“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. thunder valley casino employment verification twin river casino r.iboomtown casino logo27, Poland has 1.26 million confirmed cases of COVID-19 and 27,118 deaths. and monetizing the Caesars Rewards database as previously discussed by management,” said the analyst. One of Century’s two casinos in Misssycuan casino free shuttleouri. blackjack casino poker tableOne of Century’s two casinos in Misssycuan casino free shuttleouri. 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. Caesars Palace Las Vegas. admiral casino promo code big dollar casino withdrawal timecasino slot machine kaufen27, Poland has 1.26 million confirmed cases of COVID-19 and 27,118 deaths. But given the company’s penchant for selling regional venues to smaller operators with less brand recognition, there should be more opportunities for licensing revenue via either the label or Caesars Rewards.27, Poland has 1.26 million confirmed cases of COVID-19 and 27,118 deaths. 13 through Dec. Century holds a 66.6 percent stake in in Casinos Poland Ltd., the operator of its gaming properties in the country.As of Dec. But given the company’s penchant for selling regional venues to smaller operators with less brand recognition, there should be more opportunities for licensing revenue via either the label or Caesars Rewards.peppermill casino west wendover nevada betrivers casino commercial |