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Casino
April 11, 2024
Analyst Optimistic About Century Casinos Amid Market Turbulence
Century Casinos found itself in the red on April 10 following the release of higher-than-expected US Consumer Price Index (CPI) figures, signaling concerns about persistent inflation. However, despite the market’s reaction, one analyst remains optimistic about the company’s prospects. Macquarie Analyst Predicts 53% Upside for Century Casinos Macquarie analyst Chad Beynon, in a recent report […]
Business
March 14, 2024
Century Casinos Reports Strong Q4 and 2023 Results
Century Casinos, the leading gaming and hospitality operator, released details regarding its fourth quarter and full year 2023 financial results, pointing to a strong increase in adjusted EBITDAR and operating revenues. The latest financial update emerged Thursday with the company highlighting key metrics of its performance for the year and three months ended December 31, […]
Business
September 7, 2023
Century Casinos Sells Real Estate Assets in Alberta
High-profile NA gambling company Century Casinos has completed the sale of its Edmonton and Calgary real estate assets to Vici Properties subsidiaries in a CAD 221.7 million ($162.31 million) agreement. The deal has allowed Century Casinos to secure significant proceeds and adjust its lease agreement with VICI. Streamlining Efforts Should Pay Long-Term Dividends Century Casinos […]
Business
August 8, 2023
Century Casinos Reports Strong Revenue for Q2 2023
The leading hospitality and gaming operator, Century Casinos, released its latest trading update, revealing details regarding its financial performance for the second quarter and first half of 2023. The company announced Tuesday the latest unaudited financial figures, revealing that its net operating revenue for the three months ended June 30, 2023, hit $136.8 million. When […]
Casino
May 17, 2023
Century Casinos Inks Sale Leaseback Deal for Canadian Portfolio
Century Casinos, a major NA gambling company, has penned a definitive sale-leaseback deal with VICI Properties. The deal will see the former company sell the assets of four of its properties in Alberta, Canada. The properties in question are Century Casino & Hotel Edmonton, Century Casino St. Albert and Century Mile Racetrack and Casino in […]
Casino
March 10, 2023
Century Casinos Registered Double-Digit Revenue Growth in 2022
Gaming and hospitality operator Century Casinos released today its fourth quarter and full year 2022 financial report, posting increases in revenue and EBITDA despite the decline from US operations. Net Operating Revenue, Adjusted EBITDA Net operating revenue for the three months ended December 31, 2022, was $103.75 million, down 3% from $107.3 million registered in […]
Casino
December 6, 2022
VICI Properties to Fund Century Casinos Caruthersville Expansion
Experiential real estate investment trust (REIT) VICI Properties announced plans to use its Partner Property Growth Fund and finance an expansion project for Century Casinos in Missouri. Financing New Casino Project VICI Properties will provide the funds for a new land-based casino project at Century Casino Caruthersville, in Caruthersville, Missouri, comprising a casino and an […]
Business
November 4, 2022
Century Casinos Posts 4% Net Operating Revenue Drop
NASDAQ-listed Century Casinos has announced its financial results for the third quarter that ended September 30. The casino entertainment company that owns and operates numerous casinos, hotels, racetracks, and resorts has published a net operating revenue of $112.55 million, signaling a 4% drop from the $116,61 million reported for Q3 2021. The company also published […]
Casino
August 25, 2022
Century Casinos to Acquire Rocky Gap Casino Resort
Nasdaq Capital Market-listed casino entertainment company Century Casinos has announced it has entered a “definitive agreement” for the acquisition of Rocky Gap Casino Resort’s operations. The casino operations will be acquired from Lakes Maryland Development for a purchase price of approximately $56 million with adjustments. The company that manages numerous racetracks, award-winning casinos, hotels, horse […]
Industry
February 25, 2022
Century Casinos Hired BetMakers for Racing Content Distribution
Century Casinos, a casino entertainment company operating casino resorts and racetracks in the US and Canada announced today a new partnership with BetMakers Technology Group that will see racing content distribution and fixed odds wagering. Racing Content and Fixed Odds Wagering Century Casinos’ Canadian subsidiaries Century Downs Racetrack and Casino (CDR) and Century Mile Racetrack […]
