Draftkings Casino In Az ncluding hotels and racetracks,” said Century co-CEO Peter Hoetzinger in an interview with the Colorado Springs Gazette. The gaming industry has been awash in asset sales in recent months, ranging from the high end, multi-billion dollar deals by MGM Resorts on the Las Vegas Strip, to smaller transactions, such as Eldorado’s recent 0 million sale of a Louisiana property to Maverick Gaming LLC. Century Type of DealsWith a market value of about 0 million, Century is one of the smaller publicly traded gaming companies in the US. But at the end of the third quarter, the company had million in cash on hand. mohegan sun ct casino Pechanga Casino Ufc Lcgq That’s an impressive sum for a company of its size. Free Online Slots No Deposit Uk Phuv

Analysts believe the operator’s strong balance sheet positions it to consider further purchases, particularly if it does so with partners, as it did with Vici on the Eldorado buys. clearwater casino tyga harrah s cherokee casino layout Of the 5 million that was paid to purchase the two Missouri casinos and the West Virginia venue, Vici doled out 8 million for the real estate assets, while Century paid 7 million for operating rights. roulette royale casino unlimited money casino online real money Hoetzinger believes there will be plenty more opportunities to scoop up smaller, attractively-priced properties, because there are willing sellers, including Caesars and Eldorado, and a dearth of buyers boasting Century’s license capabilities and robust finances. free slot games online no download the black hawk casino paragon casino resort buffet captain jacks casino bonus codes Searching For MoreIn the Colorado Springs Gazette interview, Hoetzinger said it’ll take the company “a quarter or two” to adequately absorb the three desert diamond vs casino del solproperties purchased from Eldorado. mgm grand casino hotel springfield ma Hard Rock Casino Jacksonville Florida Xgya But, he added that Century could again be a buyer in the second half of this year, with the aim of doing deals similar to the aforementioned transaction every 18 months.

Key Insights and Expert Analysis

Beyond smart deal-making, analysts see the emergence of sports betting in Colorado – slated for a May launch – as a potential catalyst for Century’s stock this year, with one saying sports wagering in that market could boost the company’s revenue by three percent to 10 percent per year. Already reeling from the spread of the coronavirus, Macau and the gaming companies that dominate the Special Administrative Region’s (SAR) economy were dealt another blow Tuesday. That’s when mainland China and Hong Kong announced a series of restrictions limiting travel to the gambling center. harrah s cherokee casinos Hong Kong and mainland China are limiting travel to Macau amid the coronavirus outbreak. intertops casino no deposit code (Image: Wired)On news that the number of confirmed cases of the deadly respiratory illness on the peninsula is now up to seven from six yesterday, authorities in Beijing will reportedly cease issuing Macau visitors visas.

Visa restrictions previously hampered gross gaming revenue (GGR) on the peninsula. For example, the mainland limited visits to the world’s largest gaming center starting in late November. Free Slots Video Poker Wmtp Switzerland It’s a policy that extended through the end of 2019, ahead of a late December visit by Chinese President Xi Jinping to commemorate the 20th anniversary of the handover of Macau to China desert diamond vs casino del solfrom Portugal. As a result of that policy, November and December were two of the worst revenue months of 2019 on the peninsula. Adding to the headwinds for Macau tourism and gaming companies, the Hong Kong Maritime Department said today that starting on Thursday, Jan. blackjack online android

30, it will significantly reduce the number of ferries ushering passengers between the two SARs. gold coast casino las vegas reviews big fish casino club levels Rail travel and tour buses heading to the gaming hub will also be reduced, while flights originating on the mainland heading to Macau will be slashed by 50 percent in an effort to contain the spread of the coronavirus. Terrible TimingDubbed the “Wuhan virus” because it’s believed it originated in the city that’s the capital of the Hubei province, the illness has reportedly infected more than 4,500 around the world, and the death toll in China is mgm grand casino table minimums