2025.10.12
royal ace casino legitCentury Casinos is selling its Calgary venue, seen here, in what one analyst is calling a creative deal.Century Casinos is selling its Calgary venue, seen here, in what one analyst is calling a creative deal.“Despite starting the second quarter with our entire property portfolio closed because of the COVID-19 pandemic, we ended the quarter in a significantly improved financial position as a result of continued mitigation efforts that contributed to significant margin improvement, a successful capital raise, and very strong financial performance at our properties since reopening,” Penn National CEO Jay Snowden said.casinos nycThe chief executive believes casinos are being targeted by younger groups because most movie theaters remain closed, and sports are being held without fans.If You Build It?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.online casino real money free spins boomtown casino locationsnearest casino to exeter”We believe the company is uniquely well-positioned to benefit from the recent strength in regional gaming markets,” added the CEO.When it comes to the sky, the answer for many is no.Winning FormulaPenn National Gaming’s portfolio diversity allowed it to better weather the COVID-19 storm.big dollar deposit bonus codes“Despite starting the second quarter with our entire property portfolio closed because of the COVID-19 pandemic, we ended the quarter in a significantly improved financial position as a result of continued mitigation efforts that contributed to significant margin improvement, a successful capital raise, and very strong financial performance at our properties since reopening,” Penn National CEO Jay Snowden said.”Research from the International Air Transport Association (IATA) found that only 45 percent of Americans polled are willing to return to the skies within two months of restrictions easing.is sloto cash casino legit choctaw casino jackpotsharrah s casino things to doPenn National has additionally set aside .Gallup reports that more than 60 percent of Americans said they worked remotely at some point during the coronavirus, meaning MGM could potentially have a large targeted demo.Quarter SurprisePenn National execs say the coronavirus stimulus from federal and state governments has helped the casino operator mitigate the economic damage caused by the health crisis.Penn National Gaming is racing back from the coronavirus, the company seeing an uptick in younger visitors.“If anything, consumers have actually got more cautious, and we have a majority saying now that they would wait more than six months before traveling,” said IATA Chief Economist Brian Pearce.Century Casinos (NASDAQ:CNTY) is selling its eponymous gaming establishment in Calgary, Canada for .free casino slots games online hard rock casino yuba city |