Mgm Grand Casino Las Vegas Careers round,” says Morningstar. “The company plans to expand Wynn Sports’ digital sports-betting offer to Colorado and Indiana in partnership with Scientific Games. soaring eagle casino travis tritt My Location To Turtle Lake Casino Xhow More recently, Wynn tied up with GAN, an Internet gambling software supplier, allowing the latter to provide the platform for Wynn’s online sports betting and casino gaming. casino t shirt print seven feathers casino slot machines ” Regional gaming company Century Casinos is on a tear from its March lows, surging nearly 466 percent over that span. turtle creek casino birthday promotions Fanduel Casino California Mdqk But at least one analyst believes the stock has much more upside ahead, particularly if a “transformative” acquisition comes to pass over the next several months. no deposit bonus code yoju casino casino poker games near me The sportsbook at the Mountaineer Casino West Virginia, a Century Casinos property. chumba casino payouts An analyst thinks the stock can double and more. (Image: WTRF)In a note to clients last Friday, Roth Capital analyst David Bain reiterated a “buy” rating on Century with a 12-month price target. angel of the winds casino hotel reservations
That implies the stock will nearly double from its Oct. free slot games quick hits 16 close at . free slots casino mobile 72. A move to would be well above the name’s pre-pandemic peak of . 95. 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. cache creek casino california Century is in unique position to benefit from an unprecedented number does morongo casino allow 18 year oldsof marketed, underpriced gaming assets,” said the analyst.
Key Insights and Expert Analysis
“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. ”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. 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. Luckyland Slots Hacks And Cheats Fvuj Switzerland 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. If an accretive acquisition is made, Century could trade at a 4x enterprise value/EBITDA in 2022, compared to 9.
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. pechanga casino website casino extreme chippy In roughly a decade as a publicly traded entity, the operator has only enjoyed brief moments trading above , never even touching , let alone . ‘Transformative’ Deal Cdoes morongo casino allow 18 year oldsould 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. casino extreme new player 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. boomtown casino louisiana Intertops Casino Thepogg Ndyo “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. come si gioca a blackjack online Massachusetts casinos performed


