Roulette Casino Jeu Gratuit on behalf of the workers who filed NLRB complaints that Red Rock’s action were “so serious and substantial in character” that a fair election in the future cannot be held. Should the NLRB agree that Red Rock violated employee rights, Overstreet recommends remedying the issue by casting votes on behalf of workers based on “employees’ past signing of cards authorizing the union to represent them. ”Overstreet concludes that “is the best measure of whether they wish to be represented by the union. ” Century Casinos (NASDAQ:CNTY) stock soared 22. 12 percent this week after the regional gaming company easily surpassed second-quarter earnings and revenue estimates. That prompted at least one analyst to say there’s more upside available with the already hot shares. Century Casinos’ Cape Giraradeau, Mo.
venue. Wall Street is excited about the stock. choctaw casino concert venue (Image: KFVS12)The Colorado-based operator reported adjusted earnings before interest, taxes, depreciation and amortization of . turtle creek casino birthday promotions 2 million on net operating revenue of . 2 million for the June quarter. Adjusted earnings before interest, taxes, depreciation, amortization, and restructuring or rent costs (EBITDAR) beat the consensus estimate by 36 percent. Century’s impressive results underscore strength in the company’s US operations, because its casinos in Canada and Poland — two of its marquee international markets — were shuttered for most of the quarter. win real cash on slots
Key Insights and Expert Analysis
Its Poland venues reopened in late online casino table games for real moneyMay, followed by some of its Canada casinos on June 10. seneca niagara casino concerts map of desert diamond casino The second quarter ended on June 30. CNTY’s international assets were closed for most of Q2, though initial results post-opening outpaced expectations, while regional gaming demand in the US remained robust,” said Stifel analyst Jeffrey Stantial in a note out Friday. “Strength in the consumer, in the US and international appears to have continued into July, though visibility thereafter remains limited as savings/stimulus potentially unwind. big fish casino settlement estimate ”Stantial rates Century a “buy” with a price target, implying upside of 38. How Much Is The Buffet At Black Bear Casino 7 percent from the Aug. 6 close. jackson rancheria casino human resources
The stock is up 114. poker casino fr Harrah S Cherokee Casino Addreb Npoy 24 percent year-to-date. Century Stock Has Sustainable TrendsAs is the case with so many gaming companies, particularly regional operators, Century employed cost-cutting measures immediately following the onset of the coronavirus pandemic, leading to significant margin expansion. Now, analysts and investors are pondering the sustainability of those moves. borgata casino deposit bonus In the case of Century, it appears as though the company can operate in leaner fashion as business normalizes. That could be to the benefit of shareholders. wild horse pab casino bar drake casino sign up “Management’s commentary on sustainable operating trends was encouraging, as they believe most changes made to the operating cost structure should prove permanent, with adjusted EBITDA remaining well above pre-COVID levels, even as operations ‘normalize,’” said Stifel’s Stantial.
Century’s namesake venues in online casino table games for real moneyCape Girardeau and Caruthersville, Mo. are bolstering the case for the stock. As Stantial notes, second-quarter adjusted EBITDAR at those venues was double what it was in the same period in 2019, with slot and table game volumes at historically high levels. Century recently landed approval to bring the Caruthersville riverboat ashore, and is planning a large-scale hotel expansion at the venue. Other Catalysts for Century StockWith . 2 million in cash and no debt maturities before 2026, Century could be a player in mergers and acquisitions in the US later this year — something analysts have discussed for some time. lake tahoe nevada casinos open Those efforts and the company’s cash position could be enhanced by the planned sale of its Poland assets. jamul casino loft 94 Black Hawk Casino Age Limit Zojz
“We also see valuation accretive M&A catalysts (Poland sale near-term; U. S. blackjack casino list black bear casino email acquisitions long-term) and an attractive capital deployment opportunity in Missouri, which could help re-rate CNTY closer to regional operator peers,” adds Stantial. paragon casino careers The analyst says Century is talking with three suitors regarding the Poland casinos, and a sale will Are Casinos Open In Las Vegas Mxbl


