Century Casinos

Century Casinos said at the Lytham Partners summit that Q2 net operating revenue reached a record $152 million and EBITDA was $31.7 million, with all North American properties showing revenue and EBITDA growth year-to-date. Management cited The Nugget in north Nevada and the Missouri portfolio as the main growth drivers, cut capital expenditures to about $15 million for 2024/25, and said properties are in good condition. Net debt stood at $276.3 million (net leverage 6.5x); the company expects this ratio to fall to well below 6x by year-end and plans no acquisitions for the next 12–18 months. » Więcej na de.investing.com

Century Casinos posted its highest Q2 revenue at $152.0m and adjusted EBITDAR of $31.7m for a second quarter, but recorded an adjusted loss of $0.39 per share (expectation: -$0.33) and slightly missed revenue estimates. U.S. operations drove growth (U.S. revenue $111.6m, +5%; adjusted U.S. EBITDAR $28.9m, +12%), while Poland remained a drag though improved markedly in July. The company holds $60.2m in cash, reports net debt of $276.2m and a net debt/EBITDA ratio of 6.5x, and is pursuing sales of international assets to reduce debt. Management is optimistic for H2, expecting lower capital expenditures and continued margin improvement. » Więcej na de.investing.com

Century Casinos reported a record net operating revenue of $152.0 million (+1%) for Q2 2026 and adjusted EBITDAR of $31.7 million (+5%), driven by U.S. Midwest and U.S. West locations. For the first half, net operating revenue rose to $289.2 million (+3%) and adjusted EBITDAR to $56.6 million (+12%). The Poland business saw a 19% revenue decline, and valuation is weighed down by high debt and negative equity, while the stock rose about 4.2% in premarket trading and was trading near its 52-week low. » Więcej na de.investing.com