Intertops Casino Payout round,” says Morningstar. viejas casino lost and found “The company plans to expand Wynn Sports’ digital sports-betting offer to Colorado and Indiana in partnership with Scientific Games. little river casino nectar spa 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. ” Regional gaming company Century Casinos is on a tear from its March lows, surging nearly 466 percent over that span. Nearest Casino To Joplin Mo Wwgs 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. The sportsbook at the Mountaineer Casino West Virginia, a Century Casinos property.

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. bovada casino phone number That implies the stock will nearly double from its Oct. 16 close at . 72. kansas star casino wichita ks A move to would be well above the name’s pre-pandemic peak of . Casino Jobs Gfxi

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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. 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. “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. coushatta casino indoor pool

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. hollywood casino phone number Under any circumstances, a stock doubling is impressive, but approaching a quadruple is obviously moreso. mgm casino biloxi chumba casino redeem wild horse pab casino and resort 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. what poker games are played in casinos 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. Oxford Casino When Will It Open Dfpc “At a two turn discount to peers, CNTY would trade for per share,” said Bain. the number to winstar casino casino n b hotel Broadly speaking, Wall Street is enthusiastic about Century stock, but is an ambitious forecast. In roughly a decade as a publicly traded entity, the operator has only enjoyed brief moments trading above , never even touching , let alone . free online poker ranking mgm casino spa ‘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. 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.

“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. oxford casino reopening date Online Casino Real Money Nz No Deposit Ugvy Massachusetts casinos performed rubian poker online casino