2025.12.15
bovada casino sign up bonus95.Encore and MGM, Category 1 resort casinos, share 25 percent of their slot and table game win with the state.(Image: WTRF)In a note to clients last Friday, Roth Capital analyst David Bain reiterated a “buy” rating on Century with a 12-month price target.live casino 999If an accretive acquisition is made, Century could trade at a 4x enterprise value/EBITDA in 2022, compared to 9.“CNTY is one of a handful of companies with the balance sheet capability to pursue such assets, which combined with a proven M&A record/management and portfolio, that such an acquisition could leapfrog its current stock multiple/shareholder base, in our view,” said Bain.16 close, Century has 3.black oak casino wedding soaring eagle casino tribelucky tiger casino no deposit bonus codes april 2021The casino had a strong September, and with roulette back, October should be even better.But at least one analyst believes the stock has much more upside ahead, particularly if a “transformative” acquisition comes to pass over the next several months.16 close at .4rabet live casino16 close, Century has 3.That implies the stock will nearly double from its Oct.(Image: Everett Leader)Despite being restricted to 49 percent of their total gaming positions, the casinos won 87 percent of the gross gaming revenue (GGR) that they did in September of 2019.free aristocrat casino slot games for fun slot 7 casino reviewdoubledown casino promosIf an accretive acquisition is made, Century could trade at a 4x enterprise value/EBITDA in 2022, compared to 9.The analyst notes the combination of larger gaming enterprises either grappling with issues stemming from the COVID-19 pandemic, working to strengthen finances, focusing on iGaming and sports betting, or all of the above, is leaving some assets underpriced, perhaps positioning a company like Century to strike.Colorado-based Century operates gaming properties in its home state, Missouri, and in West Virginia, and has international venues in Canada, Poland, and in the UK.However, the operator recently sold a Canadian asset, and Bain believes the company can turn its revenue mix to 80 percent US/20 percent Canada by 2022 with some smart acquisitions.Massachusetts casinos performed well during their second full month back in operation, the three properties collectively winning .5 million in September.7 feathers casino phone number desert diamond casino why az |