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big fish casino facebookThe operator announced the talks yesterday in a Form 8-K filing with the Securities and Exchange Commission (SEC).Century Casinos disclosed that it is in preliminary discussions with Totalizator Sportowy, Poland’s state-run gambling operator, regarding a potential sale of its interest in Casinos Poland,” according to the regulatory document.The company said a definitive agreement hasn’t been reached, and that there are no assurances a transaction will be consummated.In December, the gaming company said it was shuttering its casinos in Poland, with the expectation that the venues would reopen on Jan. The company operates 2,150 historical horse racing machines throughout Virginia at seven off-track betting locations, plus its Colonial Downs racetrack.The Cordish Companies, based in Baltimore, has additionally expressed interest in Richmond. The company operates 2,150 historical horse racing machines throughout Virginia at seven off-track betting locations, plus its Colonial Downs racetrack.The Cordish Companies, based in Baltimore, has additionally expressed interest in Richmond. pechanga casino daniel toshThese properties are currently shuttered in accordance with the government’s COVID-19 protocols. 18. The company may sell its Pbig fish casino how to make moneyoland business. casinos like big dollar casino hard rock casino locations in usablack oak casino live entertainment18. The area is located just south of the downtown capital area across the James River.Colonial Downs Group is another interested party. The company may sell its Pbig fish casino how to make moneyoland business. peppermill casino promo codeA day before the properties were to reopen, Century announced the casinos would remain closed through Jan. A day before the properties were to reopen, Century announced the casinos would remain closed through Jan. Now through February 22, companies interested in pitching the city can submit casino presentations. chukchansi casino sunday brunch clearwater casino east wenatchee wasoaring eagle casino bus trips(Image: Colorado Springs Gazette)The Colorado-based gaming company owns 66.6 percent of an entity known as Casinos Poland Ltd., which runs eight gaming properties in that country. A day before the properties were to reopen, Century announced the casinos would remain closed through Jan. Today, the building features 240,000 square feet of office space, 122 apartments, and an 800-space parking lot.Cordish is amid a legal fight in Norfolk regarding the city picking the Pamunkey Tribe for its casino. 31.Removing Overhang, Potential Catalyst for CenturyShould the gaming company divest its Poland interests, it could be a catalyst for the stock and remove negative overhang, according to one analyst.“Not only would a Poland exit remove a long-standing perception overhang, but we believe proceeds could also be put back into use acquiring assets in the higher multiple and more shareholder-friendly US regional market,” said Stifel analyst Steven Wieczynski in a note. 31.Removing Overhang, Potential Catalyst for CenturyShould the gaming company divest its Poland interests, it could be a catalyst for the stock and remove negative overhang, according to one analyst.“Not only would a Poland exit remove a long-standing perception overhang, but we believe proceeds could also be put back into use acquiring assets in the higher multiple and more shareholder-friendly US regional market,” said Stifel analyst Steven Wieczynski in a note. However, the company still warned property closures would adversely impact its results through the first half of 2021.Wieczynski forecast that the Poland casinos would account for just eight percent of Century’s earnings before interest, taxes, depreciation, amortizaluckyland slots casino download draftkings casino.com |