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That implies the stock will nearly double from its Oct. 16 close at . 72. free slots casino listings choctaw casino durant map A move to would be well above the name’s pre-pandemic peak of . nearest casino around me 95. Show Free Casino Slot Games Qlvy Colorado-based Century operates gaming properties in its home state, Missouri, and in West Virginia, and has international venues in Canada, Poland, and in the UK. However, the operator recently sold a Canadian asset, and Bain believes the company can turn its revenue mix to 80 percent US/20 percent Canada by 2022 with some smart acquisitions. Century is in unique position to benefit from an unprecedented number black oak casino gift cardof marketed, underpriced gaming assets,” said the analyst. casinohack.xyz big fish casino Twin River Casino Dealer School Xcdi
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“We calculate CNTY could comfortably acquire a million earnings before interest, taxes, depreciation, amortization, and restructuring or rent costs (EBITDAR) US gaming asset with little to no equity capital consideration. Boulder Station Casino Com Buvm Canada ”Translation: Bain believes the operator can purchase a rival without having to shell out equity, which is preferable for investors, because when companies issue new stock, current shareholders are diluted. The Road to As of the Oct. seminole casino jackpot party payout 16 close, Century has 3. 62 million market capitalization, so even if it doubles in value, as Bain believes it can, it’d still be a small-cap stock. is chinook winds hotel open Under any circumstances, a stock doubling is impressive, but approaching a quadruple is obviously moreso. That could be the case for Century, as Bain sees a road for the name possibly surging to , an undoubtedly impressive feat considering this was a name at its March nadir. extreme gaming casino If an accretive acquisition is made, Century could trade at a 4x enterprise value/EBITDA in 2022, compared to 9. slots n bets casino no deposit bonus
1x for its peers, according to the analyst. “At a two turn discount to peers, CNTY would trade for per share,” said Bain. Broadly speaking, Wall Street is enthusiastic about Century stock, but is an ambitious forecast. fanduel casino ibues In roughly a decade as a publicly traded entity, the operator has only enjoyed brief moments trading above , never even touching , let alone . aliante casino entertainment schedule ‘Transformative’ Deal Cblack oak casino gift cardould HappenWhile Century is one of the smallest publicly traded gaming outfits in the US, its management team has a reputation for making shrewd deals, and Bain believes another such acquisition could be in the works, saying a “transformative” transaction could be unveiled over the next six months. The analyst notes the combination of larger gaming enterprises either grappling with issues stemming from the COVID-19 pandemic, working to strengthen finances, focusing on iGaming and sports betting, or all of the above, is leaving some assets underpriced, perhaps positioning a company like Century to strike. wichita flea market kansas star casino february 15 “CNTY is one of a handful of companies with the balance sheet capability to pursue such assets, which combined with a proven M&A record/management and portfolio, that such an acquisition could leapfrog its current stock multiple/shareholder base, in our view,” said Bain. tropicana in laughlin nv Is The Seneca Niagara Casino Closing Fkos Massachusetts casinos performed well during their second doubledown casino facebook


