Earnings summaries and quarterly performance for CENTURY CASINOS INC /CO/.
Executive leadership at CENTURY CASINOS INC /CO/.
Erwin Haitzmann
Co-Chief Executive Officer
Peter Hoetzinger
Co-Chief Executive Officer and President
Andreas Terler
Executive Vice President, Operations – United States
Margaret Stapleton
Chief Financial Officer and Corporate Secretary
Nikolaus Strohriegel
Executive Vice President, Operations – Canada and Europe
Timothy Wright
Chief Accounting Officer and Corporate Controller
Board of directors at CENTURY CASINOS INC /CO/.
Research analysts who have asked questions during CENTURY CASINOS INC /CO/ earnings calls.
Chad Beynon
Macquarie
4 questions for CNTY
Jordan Bender
JMP Securities
4 questions for CNTY
Jeffrey Stantial
Stifel Financial Corp.
3 questions for CNTY
Ryan Sigdahl
Craig-Hallum Capital Group
2 questions for CNTY
Aidan Youngs
Stifel
1 question for CNTY
Connor Parks
CBRE Group, Inc.
1 question for CNTY
J.T. Waters
Investor
1 question for CNTY
Mike Krawitz
Investor
1 question for CNTY
Will Yager
Craig-Hallum Capital Group LLC
1 question for CNTY
Recent press releases and 8-K filings for CNTY.
- Century Casinos, Inc. (CNTY) launched the new BetMGM retail sportsbook at its Century Casino & Hotel Cape Girardeau on December 1, 2025.
- Concurrently, online sports betting through the BetMGM app and website also became available.
- This initiative, part of a partnership with BetMGM, positions Century to fully participate in Missouri's newly established sports wagering landscape and expands its entertainment offerings.
- Century Casinos reported Q3 2025 net operating revenue of $154 million. Adjusted for one-time effects, Q3 EBITDA would have increased by approximately 5%.
- Performance was driven by strength in the East and Midwest regions and Canada, offset by weakness in the West and Poland. Canada's EBITDA increased 11.1% to $5.4 million , while Missouri's Carruthersville property saw gaming revenue up 29% and EBITDA up 35% to $6.1 million.
- The company's balance sheet at the end of Q3 2025 showed $78 million in cash and cash equivalents, total debt outstanding of $339 million, and net debt of $261 million. The net debt-to-EBITDA ratio was 6.9 times.
- Management noted positive customer trends continuing into October, with preliminary October EBITDA up well over 20% year-over-year. A strategic review process is underway, with no decisions expected before Q1 2026.
- Century Casinos reported Net Operating Revenue of $155.7 million for Q3 2024, a 3% decrease from Q3 2023, alongside a Net Loss attributable to shareholders of $(8.1) million, representing a 43% improvement year-over-year.
- Adjusted EBITDAR for Q3 2024 was $32.9 million, a 1% decrease compared to Q3 2023.
- As of September 30, 2024, the company held $118.8 million in cash and $339.6 million in total principal debt, with a Net Debt Leverage of 4.7X.
- The company projects Target Revenue of $602 million and Target Adjusted EBITDAR of $111 million for 2024, with expectations to grow to $651 million and $150 million, respectively, in 2025.
- A key growth driver, the permanent land-based casino and hotel in Caruthersville, MO, opened on November 1, 2024.
- Century Casinos, Inc. reported net operating revenue of $153.7 million for the third quarter of 2025, representing a 1% decrease compared to the same period in the prior year.
- The company's net loss attributable to shareholders increased by 30% to ($10.5) million, resulting in a basic net loss per share of ($0.35) for Q3 2025.
- Adjusted EBITDAR decreased by 6% to $31.1 million in Q3 2025, with strength in the United States East and Midwest regions offset by weakness in the United States West region and Poland.
- Century Casinos, Inc. announced a partnership with BetMGM for sports betting in Missouri, expected to commence on December 1, 2025, and anticipates opening a new casino in Wroclaw, Poland, in January 2026.
- The company plans to restate its financial statements for the year ended December 31, 2024, and the first two quarters of 2025, due to a material error in the goodwill impairment calculation for the Rocky Gap reporting unit.
- For the third quarter ended September 30, 2025, Century Casinos, Inc. reported net operating revenue of $153.7 million, a 1% decrease, and a net loss attributable to shareholders of ($10.5) million, a 30% change compared to the same period in 2024. Adjusted EBITDAR was $31.1 million, a 6% decrease.
- The company experienced strength in its United States East and Midwest Regions, which was offset by weakness in the United States West Region and Poland. Excluding Poland, third quarter Adjusted EBITDAR would have increased year over year.
- Century Casinos, Inc. partnered with BetMGM for online and mobile sports betting in Missouri, with operations expected to begin on December 1, 2025. Additionally, the company expects to open a new casino in Wroclaw, Poland, in January 2026.
- The company identified a material error in its previously issued audited financial statements for the year ended December 31, 2024, related to a goodwill impairment for the Rocky Gap reporting unit, which will require restatements to its 2024 Form 10-K and Q1 and Q2 2025 Form 10-Q filings.
Quarterly earnings call transcripts for CENTURY CASINOS INC /CO/.
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