golden palace batumi hotel casino 4Century Casinos is selling its Calgary venue, seen here, in what one analyst is calling a creative deal.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.A three-year quarterly earnout is also part of the deal.boomtown casino players card”Other analysts are bullish on the company as well, highlighting factors such as expansion into new US markets, strong reopening performances at the operator’s Poland properties, and the sports betting opportunity set in Century’s home market of Colorado.”We believe the company is uniquely well-positioned to benefit from the recent strength in regional gaming markets,” added the CEO.More than 1,000 employees have received financial assistance through the program.slot machine chances casino

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winstar casino table games openFirst, wringing .“As people get out of the house and they’re in a safe environment, and they can do something fun, they’re spending more time and more money.e most movie theaters remain closed, and sports are being held without fans.chukchansi casino hotel roomsSecond, 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.4 million in net operating revenue and .”Other analysts are bullish on the company as well, highlighting factors such as expansion into new US markets, strong reopening performances at the operator’s Poland properties, and the sports betting opportunity set in Century’s home market of Colorado.online gambling ethical ibues

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caesar casino peoplesgamez giftsSmall Company, Big PotentialThe analyst sees Century as one of the best ideas among smaller gaming operators.Creative TransactionA .5 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.2 million in adjusted earnings before interest, taxes, depreciation and amortization (EBITDA),” said Century co-CEOs Erwin Haitzmann and Peter Hoetzinger in a statement.5 million, based on July 31 US dollar/Canadian dollar exchange rates, to purchase Century Casino Calgary.Century Casinos is selling its Calgary venue, seen here, in what one analyst is calling a creative deal.free online poker no betting