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CNTY — Century Casinos News Story

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Brief: Century Casinos Q2 Adjusted EBITDA USD 30.3 Million

Overview

Century Casinos Q2 net operating revenue rises 3%, beating analyst expectations

Earnings from operations up 16%, adjusted EBITDAR increases 10%

Co initiates strategic review to enhance shareholder value

This could include sale of the company among other alternatives to be reviewed

Outlook

Company to launch sports betting in Missouri in Q4 2025

Century Casinos to open new casino in Poland in Q4 2025

Result Drivers

CARUTHERSVILLE OPENING - New casino and hotel in Caruthersville, Missouri boosts net operating revenue by 26% and Adjusted EBITDAR by 31%

Key Details

MetricBeat/MissActualConsensus Estimate
Q2 RevenueBeat$150.80 mln$149.20 mln (4 Analysts)
Q2 Adjusted EBITDA$30.30 mln
Q2 Earnings from Operations$16.60 mln
Analyst Coverage The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", no "hold" and no "sell" or "strong sell" The average consensus recommendation for the casinos & gaming peer group is "buy" Wall Street's median 12-month price target for Century Casinos Inc is $4.00, about 44.8% above its August 6 closing price of $2.21 Press Release: ID:nCNWP7Bb0a (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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