cliff castle casino fireworks5 million price tag for a gathe twin river casinoming industry transaction usually isn’t eye-catching, but in this case, it’s notable for a few reasons.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.e most movie theaters remain closed, and sports are being held without fans.no deposit bonus casino usa 2021”Penn National Gaming operates 41 properties across 19 states.“We see CNTY as one of the best small-cap growth storithe twin river casinoes in our coverage universe today, and continue to recommend the shares with a Buy rating.Wednesday’s transaction announcement is a key incremental positive, as it alleviates potential concerns about liquidity, avoids any long-term liabilities or dilution, and is cash flow neutral or accretive in the long-run,” said DeCree in a note to clients.online slot casino usa

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wynn las vegas appIn 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.Snowden 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.5 million in cash for the purchase price, which isn’t refundable.slot machine casino onlineWhile the price tag is small by industry standards, the company is earning praise from one analyst.Century Casinos is selling its Calgary venue, seen here, in what one analyst is calling a creative deal.Snowden also said the company is investing in new technologies that reduce reliance on physical cash inside its casinos.bellagio hotel casino expedia

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harrahs casino lodiSecond, Century Resorts Alberta, the unit of the operator that’s selling the Calgary casino, is retaining ownership of the sports bar, bowling, and entertainment amenities at the venue, and is keeping the real estate, meaning the buyer will be paying Century rent.The sale, which is expected to close in the fall of this year, must be approved by the Alberta Gaming, Liquor and Cannabis Commission.The 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.is paying .Wednesday’s transaction announcement is a key incremental positive, as it alleviates potential concerns about liquidity, avoids any long-term liabilities or dilution, and is cash flow neutral or accretive in the long-run,” said DeCree in a note to clients.”We believe the company is uniquely well-positioned to benefit from the recent strength in regional gaming markets,” added the CEO.boulder station hotel casino las vegas nevada