Mike Krawitz's questions to Century Casinos Inc (CNTY) leadership • Q4 2024
Question
An investor, Mike Krawitz, expressed frustration with the stock's performance and property revenue declines, asking about the company's end game, the potential for a new CEO, and a greater focus on North American assets and cross-marketing.
Answer
Co-CEO Erwin Haitzmann reiterated that divesting non-U.S. assets is under consideration. Co-CEO Peter Hoetzinger defended performance by citing the external pressure on the low-end consumer, noted management's alignment with shareholders through its 15% ownership stake, and confirmed that cross-marketing efforts are already underway.