kansas star casino reopeningCentury Casinos (NASDAQ:CNTY) is selling its eponymous gaming establishment in Calgary, Canada for .Those proceeds bolster the operator’s balance sheet, according to Haitzmann and Hoetzinger.Snowden also said the company is investing in new technologies that reduce reliance on physical cash inside its casinos.online casino welcome bonusThe Calgary casino is one of our smaller operations, contributing .A three-year quarterly earnout is also part of the deal.While the price tag is small by industry standards, the company is earning praise from one analyst.chinook winds casino hotels

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casino day trips near meSnowden told investors and analysts that no single state accounts for more than 15 percent of its revenue, and that has “proven to be a significant benefit.”We believe the company is uniquely well-positioned to benefit from the recent strength in regional gaming markets,” added the CEO.In reiterating a “buy” rating on Century, Union Gaming analyst John DeCree said Century’s Calgary deal is one of the industry’s most creative since the coronavirus pandemic started.santa ana casino drive thru lightsSnowden also said the company is investing in new technologies that reduce reliance on physical cash inside its casinos.7 million for the company’s COVID-19 Emergency Relief Fund.The company is working alongside state regulatory agencies on implementing such technologies.free online slot machines

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casino queen table gamesThe investment community is placing added emphasis on gaming industry balance sheets in the current environment, and DeCree added that Century parting with the Calgary casino for immediate cash is more prudent than borrowing capital at punitive interest rates, as some operators have during the pandemic.“We see CNTY as one of the best small-cap growth storiadmiral casino ayres in our coverage universe today, and continue to recommend the shares with a Buy rating.People are looking for things to do, and that’s part of why spend per visit and time per visit has been so strong,” Snowden told investors on a call this morning.2 million in adjusted earnings before interest, taxes, depreciation and amortization (EBITDA),” said Century co-CEOs Erwin Haitzmann and Peter Hoetzinger in a statement.4 million in net operating revenue and .5 million.hard rock casino in sacramento