Century Casinos

Century Casinos, Inc. is an international casino entertainment company, which engages in the development and operation of gaming establishments, lodging, restaurant, horse racing, and entertainment facilities. It operates through the following segments: Canada, United States, Poland, and Corporate and Other. The Canada, United States, and Poland segments include the operations of the company's properties in their respective geographical locations. The Corporate and Other segment consists of additional business activities including concession agreements, management agreements, consulting agreements, and certain other corporate and management operations. The company was founded by Erwin Haitzmann and Peter Hoetzinger in 1992 and is headquartered in Colorado Springs, CO.

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Earnings data Q4 2024

Century Casinos reports record 2022 performance amidst expansion plans

Century Casinos navigated challenges in 2022 to achieve record revenues and EBITDA, with a focus on strategic expansion and cost management.
Despite weather-related disruptions, the company is progressing with new developments and acquisitions, positioning for future growth.
Opportunities in regulatory changes and market performance offer avenues for enhanced results and shareholder value.
Maintaining financial stability and pursuing growth initiatives are key priorities for Century Casinos in 2023.

Century Casinos reports record Q1 earnings and outlines growth plans

Century Casinos (CNTY) delivered strong first quarter results, showcasing revenue growth and operational efficiency across all segments. The company's strategic focus on core customer engagement and expansion initiatives bodes well for future growth and value creation.
Despite inflationary pressures on expenses, Century Casinos demonstrated resilience and financial stability, supported by a solid balance sheet and recent acquisitions. Challenges related to cost management and operational enhancements are being addressed to drive profitability and competitiveness.
With a clear emphasis on growth through acquisitions and development projects, Century Casinos is well-positioned to capitalize on market opportunities and drive sustained expansion. By navigating challenges effectively and leveraging strategic strengths, the company aims to enhance shareholder value and market position.

Century Casinos reports record revenue growth amidst integration challenges

Century Casinos delivered strong revenue growth driven by the Nugget acquisition, despite facing challenges from inflation and increased competition.
The company's strategic focus on integrating new properties, enhancing operations, and managing its balance sheet positions it well for future growth.
With a clear roadmap to address challenges and capitalize on opportunities, Century Casinos is poised for sustainable expansion and value creation.

Century Casinos reports record Q3 revenue and EBITDA growth

Century Casinos delivered strong financial results in Q3 2023, with record net revenue and adjusted EBITDA, showcasing growth and resilience.
While facing cost pressures and margin challenges, the company's multichannel business model and construction projects present growth opportunities.
Maintaining stable customer trends and addressing operational challenges will be crucial for sustaining profitability and driving future growth.
Strategies to mitigate cost pressures, capitalize on U.S. market strength, and optimize operations can position Century Casinos for continued success.

Century Casinos reports robust Q4 earnings, eyes deleveraging strategies

Century Casinos delivered strong financial results in Q4 2023, driven by acquisitions, robust Canadian operations, and growth in the Midwest segment.
While facing challenges in Poland and access issues in Canada, the company remains optimistic about future cash generation and free cash flow post-CapEx cycle.
With a solid balance sheet, plans for property improvements, and potential stock buybacks, Century Casinos is poised for continued growth and financial stability.
Investors should monitor the company's progress in overcoming challenges and capitalizing on opportunities to drive long-term value.

Century Casinos reports strong Q1 revenue growth and focuses on reducing leverage for future growth

Century Casinos delivered strong revenue growth in Q1 2024, driven by acquisitions and Canadian operations, despite challenges in Poland and construction disruptions.
The company maintains a solid financial position with a focus on reducing leverage post-CapEx cycle completion and anticipates positive cash flow generation in the next year.
Opportunities lie in enhancing customer experience, optimizing marketing strategies, and leveraging ongoing developments to drive future growth and strengthen the balance sheet.

Century Casinos (CNTY) reports Q3 earnings decline but eyes growth

Century Casinos (CNTY) navigated challenges in Q3 2024 with a focus on operational efficiencies and strategic growth initiatives.
Despite a decrease in revenue and EBITDAR, the company showcased strengths in maintaining a strong balance sheet and generating positive results from new ventures.
Opportunities lie in leveraging stable customer trends, new property performance, and a commitment to enhancing shareholder value through potential stock buybacks.

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Century Casinos, Inc. is a casino entertainment company, which engages in the business of developing and operating gaming establishments as well as related lodging, restaurant, horse racing, and entertainment facilities. It operates through the following segments: the United States, Canada, Poland, and Corporate and Other. The Corporate and Other segment focuses on operating ship-based casinos. The company was founded by Erwin Haitzmann, Norbert Teufelberger, and Peter Hoetzinger in 1992 and is headquartered in Colorado Springs, CO.

Century Casinos (CNTY) came out with a quarterly loss of $0.36 per share versus the Zacks Consensus Estimate of a loss of $0.35. This compares to loss of $0.14 per share a year ago.

Century Casinos (CNTY) Reports Q4 Loss, Tops Revenue Estimates

2024 To Continue Company's Transition as Acquisition Integration Proceeds and Construction Projects Near Completion COLORADO SPRINGS, Colo. , March 14, 2024 /PRNewswire/ -- Century Casinos, Inc. (the "Company", "we", "us", or "our") (Nasdaq Capital Market®: CNTY) today announced its financial results for the three months and year ended December 31, 2023.

Century Casinos, Inc. Announces Fourth Quarter and Full Year 2023 Results

Century Casinos (CNTY) fourth-quarter 2023 top line is likely to have benefited from strong performance in Canada and U.S. operations.

Century Casinos (CNTY) to Post Q4 Earnings: What's in Store?

COLORADO SPRINGS, Colo., March 7, 2024 /PRNewswire/ -- Century Casinos, Inc. (Nasdaq Capital Market®: CNTY) announced today that the Company will release its earnings for the fourth quarter and year-end of 2023 on Thursday, March 14, 2024.

Century Casinos Announces Dates of Fourth Quarter and Year-End 2023 Earnings Release and Conference Call

Century Casinos (CNTY) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate Century Casinos (CNTY) to Report a Decline in Earnings: What to Look Out for

COLORADO SPRINGS, Colo. , Feb. 8, 2024 /PRNewswire/ -- Century Casinos, Inc. (the "Company", "we", "us", or "our") (Nasdaq Capital Market®: CNTY) provided preliminary financial results for its fiscal fourth quarter ended December 31, 2023 and an update on the Company's projects.

Century Casinos, Inc. Announces Preliminary Fourth Quarter 2023 Financial Results and Operational Updates

COLORADO SPRINGS, Colo. , Nov. 30, 2023 /PRNewswire/ -- Century Casinos, Inc. (the "Company") (Nasdaq Capital Market®: CNTY) announced today that it will attend the Gaming, Lodging, Leisure & Restaurants Summit hosted by Truist Securities in Boston, Massachusetts, USA on December 7, 2023.

Century Casinos to Present at Truist Securities Summit

Century Casinos' (CNTY) third-quarter 2023 top line is aided by robust revenues from the United States.

Century Casinos (CNTY) Q3 Earnings Miss Estimates, Stock Dips

COLORADO SPRINGS, Colo. , Nov. 10, 2023 /PRNewswire/ -- Century Casinos, Inc. (the "Company") (Nasdaq Capital Market®: CNTY) announced today that it will attend the Gaming, Lodging, Leisure & Restaurants One on One Conference hosted by Deutsche Bank in Miami Beach, Florida, USA, on November 16, 2023.

Century Casinos to Present at Deutsche Bank Securities Conference

The headline numbers for Century Casinos (CNTY) give insight into how the company performed in the quarter ended September 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Century Casinos (CNTY) Reports Q3 Earnings: What Key Metrics Have to Say

Record Quarterly Net Operating Revenue and Adjusted EBITDA** Completion of Rocky Gap Acquisition and Canada Real Estate Sale COLORADO SPRINGS, Colo. , Nov. 9, 2023 /PRNewswire/ -- Century Casinos, Inc. (Nasdaq Capital Market®: CNTY) today announced its financial results for the three and nine months ended September 30, 2023.

Century Casinos, Inc. Announces Third Quarter 2023 Results

COLORADO SPRINGS, Colo. , Nov. 2, 2023 /PRNewswire/ -- Century Casinos, Inc. (Nasdaq Capital Market®: CNTY) announced today that the Company will release its earnings for the third quarter of 2023 on Thursday, November 9, 2023.

Century Casinos Announces Dates of Third Quarter 2023 Earnings Release and Conference Call

Century Casinos (CNTY) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

Century Casinos (CNTY) Surges 8.5%: Is This an Indication of Further Gains?

Century Casinos, Inc. (NASDAQ:CNTY ) Q2 2023 Results Conference Call August 8, 2023 9:00 AM ET Company Participants Peter Hoetzinger - Vice Chairman, Co-CEO and President Erwin Haitzmann - Co-CEO and the Chairman Margaret Stapleton - CFO Conference Call Participants Jeff Stantial - Stifel Nicolaus Jordan Bender - JMP Securities Chad Beynon - Macquarie Research Edward Engel - ROTH MKM Operator Good day, everyone, and welcome to today's Century Casinos Q2 2023 Earnings Call. [Operator Instructions] Please note, this call may be recorded.

Century Casinos, Inc. (CNTY) Q2 2023 Earnings Call Transcript

Although the revenue and EPS for Century Casinos (CNTY) give a sense of how its business performed in the quarter ended June 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Century Casinos (CNTY) Reports Q2 Earnings: What Key Metrics Have to Say

Century Casinos (CNTY) came out with a quarterly loss of $0.06 per share versus the Zacks Consensus Estimate of $0.01. This compares to earnings of $0.28 per share a year ago.

Century Casinos (CNTY) Reports Q2 Loss, Tops Revenue Estimates

COLORADO SPRINGS, Colo. , Aug. 8, 2023 /PRNewswire/ -- Century Casinos, Inc. (Nasdaq Capital Market®: CNTY) today announced its financial results for the three and six months ended June 30, 2023.

Century Casinos, Inc. Announces Second Quarter 2023 Results

COLORADO SPRINGS, Colo. , Aug. 1, 2023 /PRNewswire/ -- Century Casinos, Inc. (Nasdaq Capital Market®: CNTY) announced today that the Company will release its earnings for the second quarter of 2023 on Tuesday, August 8, 2023.

Century Casinos Announces Dates of Second Quarter 2023 Earnings Release and Conference Call

Golden Entertainment

LAS VEGAS--(BUSINESS WIRE)--Golden Entertainment, Inc. (NASDAQ: GDEN) (“Golden” or the “Company”) announced today that it completed the previously disclosed sale of Rocky Gap Casino Resort (“Rocky Gap”) for aggregate cash consideration of approximately $260 million, subject to customary working capital adjustments. Pursuant to the terms of the agreements, Century Casinos, Inc. (NASDAQ: CNTY) acquired the operations of Rocky Gap for approximately $56.1 million, subject to customary working capit.

Golden Entertainment Completes Sale of Rocky Gap Casino Resort for $260 Million

Century Casinos (CNTY) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

Century Casinos (CNTY) Soars 7.9%: Is Further Upside Left in the Stock?

COLORADO SPRINGS, Colo. , May 31, 2023 /PRNewswire/ -- Century Casinos, Inc. (the "Company") (Nasdaq Capital Market®: CNTY) announced today that it will attend the 2023 Stifel Cross Sector Insight Conference in Boston, Massachusetts, USA, on June 6, 2023.

Century Casinos to Present at Stifel Conference

COLORADO SPRINGS, Colo. , May 16, 2023 /PRNewswire/ -- Century Casinos, Inc. (the "Company") (Nasdaq Capital Market®: CNTY) announced today that it will attend the B.

Century Casinos to Present at B. Riley Conference

Century Casinos, Inc. (NASDAQ:CNTY ) Q1 2023 Earnings Conference Call May 9, 2023 11:00 AM ET Company Participants Peter Hoetzinger - Co-CEO, President and Vice Chairman Erwin Haitzmann - Co-CEO and Chairman Margaret Stapleton - Chief Financial Officer Conference Call Participants Jeff Stantial - Stifel Nicolaus Chad Beynon - Macquarie Research Edward Engel - ROTH Capital Partners Jordan Bender - JMP Securities David Bain - B. Riley Securities Operator Good day, everyone, and welcome to the Century Casinos Q1 2023 Earnings Call Webcast.

Century Casinos, Inc. (CNTY) Q1 2023 Earnings Call Transcript

COLORADO SPRINGS, Colo. , May 9, 2023 /PRNewswire/ -- Century Casinos, Inc. (Nasdaq Capital Market®: CNTY) today announced its financial results for the three months ended March 31, 2023.

Century Casinos, Inc. Announces First Quarter 2023 Results

COLORADO SPRINGS, Colo. , May 3, 2023 /PRNewswire/ -- Century Casinos, Inc. (Nasdaq Capital Market®: CNTY) announced today that the Company will release its earnings for the first quarter of 2023 on Tuesday, May 9, 2023.

News for Century Casinos Stock (CNTY)