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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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.

COLORADO SPRINGS, Colo., Feb. 25, 2022 /PRNewswire/ -- Century Casinos, Inc. (Nasdaq Capital Market®: CNTY) ("Century Casinos" or the "Company"), announced today that its Canadian subsidiaries operating horse racetracks, doing business as Century Downs Racetrack and Casino ("CDR") and Century Mile Racetrack and Casino ("CMR"), have partnered with Betmakers' Global Racing Network for the distribution of CDR's and CMR's racing content as well as the facilitation of fixed odds wagering on the two racetracks' thoroughbred and standardbred horse races.

Century Casinos Canadian Horse Racing Content Set for Global Distribution to Licensed Fixed Odds Wagering Operators

COLORADO SPRINGS, Colo., Feb. 23, 2022 /PRNewswire/ -- Century Casinos, Inc. (Nasdaq Capital Market®: CNTY) ("Century Casinos" or the "Company"), announced that it entered into a definitive agreement to acquire 50% of Smooth Bourbon, LLC ("PropCo") and 100% of Nugget Sparks, LLC ("OpCo") dba Nugget Casino Resort ("Nugget") from Marnell Gaming, LLC for $195 million.

Century Casinos Enters into Definitive Agreement to Acquire Nugget Casino Resort in Nevada

COLORADO SPRINGS, Colo., Jan. 13, 2022 /PRNewswire/ -- Century Casinos, Inc. (Nasdaq Capital Market®: CNTY) ("Century Casinos" or the "Company"), announced today that its subsidiary Century Resorts Alberta, Inc. ("CRA") entered into a definitive agreement on January 12, 2022 to sell the land and building it owns in Calgary, Alberta, Canada to Rowanwood Financial Properties Ltd.

Century Casinos Enters into Definitive Agreement to Sell Land and Building in Calgary

Century Casinos (CNTY) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Century Casinos (CNTY) Moves to Strong Buy: Rationale Behind the Upgrade

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Despite concerns regarding the pandemic, stocks like International Game Technology (IGT), Century Casinos (CNTY) and Churchill Downs (CHDN) are likely to emerge as winners in 2022.

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Let's see if Century Casinos (CNTY) stock is a good choice for value-oriented investors right now from multiple angles.

Is Century Casinos (CNTY) a Suitable for Value Investors Now?

Century Casinos (CNTY) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

Century Casinos (CNTY) Soars to 52-Week High, Time to Cash Out?

Century Casinos, Inc. (CNTY) on Q3 2021 Results - Earnings Call Transcript

Century Casinos (CNTY) delivered earnings and revenue surprises of 33.33% and 6.20%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

Century Casinos (CNTY) Q3 Earnings and Revenues Surpass Estimates

COLORADO SPRINGS, Colo., Nov. 5, 2021 /PRNewswire/ -- Century Casinos, Inc. (Nasdaq Capital Market®: CNTY) today announced its financial results for the three and nine months ended September 30, 2021.

Century Casinos, Inc. Announces Third Quarter 2021 Results

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.

Century Casinos (CNTY) Earnings Expected to Grow: Should You Buy?

COLORADO SPRINGS, Colo., Oct. 29, 2021 /PRNewswire/ -- Century Casinos, Inc. (Nasdaq Capital Market®: CNTY) announced today that the company will release its earnings for the third quarter of 2021 on Friday, November 5, 2021.

Century Casinos Announces Dates of Third Quarter 2021 Earnings Release and Conference Call

Century Casinos (CNTY) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through our shorter-term trading strategy-based screen.

Here's Why "Trend" Investors Would Love Betting on Century Casinos (CNTY)

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Benzinga's weekly Stock Wars matches up two leaders in a major industry sector, with the goal of allowing readers to decide which company is the better investment. This week, the duel is between a pair of gaming companies: Century Casinos, Inc. (NASDAQ: CNTY) and Red Rock Resorts Inc (NASDAQ: RRR).

Stock Wars: Century Casinos Vs. Red Rock Resorts

Century Casinos, Inc. (CNTY) Management on Q2 2021 Results - Earnings Call Transcript

Century Casinos (CNTY) delivered earnings and revenue surprises of 2100.00% and 6.08%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

Century Casinos (CNTY) Surpasses Q2 Earnings and Revenue Estimates

Shares of Century Casinos (NASDAQ:CNTY) rose 2.8% in pre-market trading after the company reported Q2 results. Quarterly Results Earnings per share increased 151.16% year over year to $0.22, which beat the estimate of $0.03.

Century Casinos: Q2 Earnings Insights

COLORADO SPRINGS, Colo., Aug. 6, 2021 /PRNewswire/ -- Century Casinos, Inc. (Nasdaq Capital Market®: CNTY) today announced its financial results for the three and six months ended June 30, 2021.

Century Casinos, Inc. Announces Second Quarter 2021 Results

Century Casinos (CNTY) Earnings Expected to Grow: What to Know Ahead of Q2 Release

COLORADO SPRINGS, Colo., July 30, 2021 /PRNewswire/ -- Century Casinos, Inc. (Nasdaq Capital Market®: CNTY) announced today that the company will release its earnings for the second quarter of 2021 on Friday, August 6, 2021.

News for Century Casinos Stock (CNTY)