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cool cat casino no playthroughThat came on news that at least one city in mainland China will resume issuing tourist visas allowing travelers to access the world’s largest casino center.An Underappreciated StoryEven with the exposure outside the US, the investment community largely views Century as a regional operator and a hyper-local one at that.That’s after the city of Zhuhai in Guangdong province got the green light to resume issuing tourist permits for Macau visits.video poker casinos near meBut Boyer argues investors aren’t fully appreciating the Century story.Boyer notes that many of the operator’s properties are in markets where other entertainment options are sparse and that Century generates the bulk of its profits from slot machines, which have higher margins than table games.But Boyer argues investors aren’t fully appreciating the Century story.draftkings casino pa promo code

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mgm grand casino chips“Looking ahead, we expect that as revenues continue to recover, margins will gradually compress from initial post-COVID levels.Reopenings Going WellCentury reopened all of its Polish casinos in May, and those venues are operating at 100 percent capacity.“Looking ahead, we expect that as revenues continue to recover, margins will gradually compress from initial post-COVID levels.the viejas casino resortBut Boyer argues investors aren’t fully appreciating the Century story.That period includes a better-than-expected second-quarter earnings report, and news that the operator is selling a Canadian asset, raising cash, and generating long-term rental income in the process.Adding to the ebullience for LVS, Wynn, and Melco Resorts & Entertainment (NASDAQ:MLCO), which is higher by almost nine percent, is news that a two-week quarantine requirement on travelers arriving from Macau to the mainland will be scrapped on Aug.roulette casino edge

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online gambling lawsOn a mixed day for gaming stocks, Century Casinos (NASDAQ:CNTY) is one of the names trading noticeably higher, a move hastened by bullish comments from a sell-side analyst.Looking ahead, we are hard-pressed to find another company in our regional operator coverage better built to endure in a post-COVID world,” said Boyer in a note to clients.That period includes a better-than-expected second-quarter earnings report, and news that the operator is selling a Canadian asset, raising cash, and generating long-term rental income in the process.Going out to 2022, the Stifel analyst lifts his earnings before interest, taxes, depreciatviejas casino hotelion, amortization, and restructuring or rent costs (EBITDAR) estimate on Century to million from million.The Grand Lisboa in Macau.Things could get busier in the gaming centers, thanks to Zhuhai resuming issuance of tourist visas.mohegan sun casino youtube

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