wild horse pab casino newsBut 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.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.(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.tropicana laughlin hotel casinoEncore Boston Harbor in Everett, Mass.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.‘Transformative’ Deal Cblack oak casino gift cardould HappenWhile Century is one of the smallest publicly traded gaming outfits in the US, its management team has a reputation for making shrewd deals, and Bain believes another such acquisition could be in the works, saying a “transformative” transaction could be unveiled over the next six months.jackson rancheria casino arcade

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valley forge casino tavern1x for its peers, according to the analyst.If an accretive acquisition is made, Century could trade at a 4x enterprise value/EBITDA in 2022, compared to 9.9 million of gamblers’ money.lake tahoe casinos nevada5 million.Broadly speaking, Wall Street is enthusiastic about Century stock, but is an ambitious forecast.“We calculate CNTY could comfortably acquire a million earnings before interest, taxes, depreciation, amortization, and restructuring or rent costs (EBITDAR) US gaming asset with little to no equity capital consideration.jamul casino marketplace

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bovada casino directionsThe 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.That implies the stock will nearly double from its Oct.Encore Boston Harbor in Everett, Mass.The casino had a strong September, and with roulette back, October should be even better.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.Encore and MGM, Category 1 resort casinos, share 25 percent of their slot and table game win with the state.hotel y casino near me