Harrah S Cherokee Casino And Resort g. golden nugget casino rooms So, too, would Resorts World at its Aqueduct racino. A weakened Cuomo may not be able to get – or stop – what he chooses this time around. Century Casinos (NASDAQ:CNTY) stock surged 9. sunset station casino directions 3 card poker casino 43 percent on Friday, racing to a new 52-week high. That came a day after the regional gaming company reported fourth-quarter earnings before interest, taxes, depreciation and amortization (EBITDA) that beat Wall Street forecasts. viejas casino ca Century Casino in Cripple Creek, Colo. Trends are looking up for the operator. (Image: Colorado Advantage)On Thursday, the Colorado-based gaming company reported adjusted EBITDA in the October through December period of . 7 million, up 227 percent from the year earlier period.

Temporary closures of the operator’s venues in Canada and Poland led to a miss of analysts’ revenue estimates. But investors clearly cheered the EBITDA beat and Century’s developing margin expansion story. We think CNTY remains an attractive way to invest in the margin expansion and pent-up demand thesis we have highlighted across our research, with shares trading at just ~7x despite most peers testing record multiples,” said Stifel analyst Steven Wieczynski in a note to clients Friday. Free Slots Casino Otjj Netherlands He rates Century stock a “buy” and boosted his price target on the name to from , implying upside of almost 20 percent from the March 12 close. Investors appeared to applaud that revelation, as well as the shares climbing on more than double the average daily volume yestecashman casino 2021rday. borgata online casino table games Plenty of Catalysts for Century StockUp nearly 116 percent over the past year, the regional gaming company is still one of the smallest publicly traded casino operators in the US, with a market capitalization of 6. 25 million. However, that metric belies what some market observers believe is a big-time story. wynn las vegas casino promotions Including a possible sale of its Poland assets and the possibility of bolt-on purchases in the US, Century is seen as a catalyst-rich story among analysts. The company previously said it could go shopping for attractively priced domestic regional casinos in the back half of this year.

Key Insights and Expert Analysis

“The catalyst path to re-rate higher looks rich, with a Poland sale and further US acquisitions both potential 2021 events,” said Wieczynski. In the US, Century’s roster consists of casinos in its home state of Colorado, as well as Missouri and West Virginia. Is The Wynn Hotel In Vegas Open Susn As of Dec. 31, 2020, the company had . cache creek casino event calendar does angel of the winds casino have a pool gold coast casino keno 4 million in cash and cash equivalents on its balance sheet. hard rock casino south lake tahoe slot casino 2021 how can i get free coins on cashman casino That stockpile increased . 6 million in a year. Bullish OutlookCentury management noted margin expansion trends can prove long-lasting, and it’s optimistic that as more folks in the 55-and-up age demographic receive COVID-19 vaccinations, traffic trends at its US properties will continue improving. owner of firekeepers casino pechanga casino lost and found “Management noted Q1 results in the US are encouraging thus far, though February was impacted by ~7-10 days of adverse weather. Ruby Slots Bonus Codes July 2020 Nvvx CNTY’s US assets are likely pacing ahead of our prior model,” said Wieczcashman casino 2021ynski.

Century stock could use the benefit of a strong recovery at domestic gaming venues, because, as Wieczynski notes, Canadian casinos could remain closed until April 15, and it’s possible the Poland properties are shuttered again. free online 3 card poker no download Shares of Caesars Entertainment (NASDAQ:CZR) and Penn National Gaming (NASDAQ:PENN) are trading to the upside in Friday’s after-hours session. That’s on news that the pair of high-flying gaming stocks are heading to the S&P 500. Caesars Palace Las Vegas. Casino 888 Poker Index Ekeo Denmark That company and rival Penn National are joining the S&P 500. (Image: Denise Truscello/National Real Estate Investor)In a statement issued after the close of US markets today, S&P Dow Jones Indices — curator of the S&P 500 — said Caesars and Penn are two of four stocks joining the widely followed equity gauge. four winds casino age Generac Holdings (NYSE:GNRC) and NXP Semiconductor (NASDAQ:NXPI) are the other two. Of the four