mohegan sun casino pocono dining“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. In the case of Century, it appears as though the company can operate in leaner fashion as business normalizes. Adjusted earnings before interest, taxes, depreciation, amortization, and restructuring or rent costs (EBITDAR) beat the consensus estimate by 36 percent.Century’s impressive results underscore strength in the company’s US operations, because its casinos in Canada and Poland — two of its marquee international markets — were shuttered for most of the quarter. lucky land slots promoCentury Casinos’ Cape Giraradeau, Mo. Century Casinos (NASDAQ:CNTY) stock soared 22.12 percent this week after the regional gaming company easily surpassed second-quarter earnings and revenue estimates. venue. map of desert diamond casino

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coolcat casino 100 free spinsAs 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. venue. chukchansi casino picturesChicago 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. (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. casino near me food

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free slot machines with bonus29 at 2 pm CT. 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. 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.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. 23, two weeks from this Monday.However, as Crain’s Chicago Business reported earlier this week, the possibility of just one company submitting a proposal was becoming a stronger likelihood after MGM Resorts International and Wynn ResoIts Poland venues reopened in latbicycle casino slotse May, followed by some of its Canada casinos on June 10. las atlantis casino free chips