Century Casinos, Inc. (OQ:CNTY)

Sector:  Consumer Cyclicals Industry:  Casinos & Gaming
 
See Regulatory Filings on SEC
Company Contact
Address: 455 E. Pikes Peak Ave, Suite 210
COLORADO SPRINGS CO 80903
Tel: 1-719-6895813
Website: https://www.cnty.com
IR: See website
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Key People
Erwin Haitzmann
Chairman of the Board, Co-Chief Executive Officer
Peter Hoetzinger
President, Co-Chief Executive Officer, Vice Chairman of the Board
Margaret Stapleton
Chief Financial Officer, Corporate Secretary
Nikolaus Strohriegel
Executive Vice President, Managing Director of Century Resorts Management GmbH
Andreas Terler
Executive Vice President, Managing Director of Century Resorts Management GmbH
Geoff Smith
Senior Vice President, Operations - Alberta
Timothy Wright
Chief Accounting Officer, Corporate Controller
   
Business Overview
Century Casinos, Inc. is a casino entertainment company. The Company operates gaming establishments, as well as related lodging, restaurants, horse racing, (including off-track betting) and entertainment facilities primarily in North America. The Company's operating segments in the United States, include East, the Mountaineer Casino, Resort & Races in New Cumberland, West Virginia and Rocky Gap Casino, Resort & Golf in Flintstone, Maryland; Midwest, the Century Casinos in Cape Girardeau and Caruthersville, Missouri, and Century Casino & Hotels in Cripple Creek and Central City, Colorado; and West, the Nugget Casino Resort, in Reno/Sparks, Nevada. In Canada, the Company operates Century Casino & Hotel in Edmonton, the Century Casino in St. Albert, Century Mile Racetrack and Casino in Edmonton and Century Downs Racetrack and Casino in Calgary. In Poland, the Company operates approximately eight casinos through the Company's subsidiary Casinos Poland Ltd.
Financial Overview
For the fiscal year ended 31 December 2023, Century Casinos, Inc. revenues increased 28% to $550.2M. Net loss totaled $28.2M vs. income of $8M. Revenues reflect Gaming segment increase of 13% to $412.4M, Hotel Revenue segment increase from $9.6M to $42.3M, United States segment increase of 42% to $380.6M, Poland segment increase of 4% to $94.1M. Net loss reflects General and administrative increase of 33% to $140.5M (expense).
Employees: 3,243 as of Dec 31, 2023
Reporting Currency: U.S. Dollars
Enterprise value: $908.33M as of Dec 31, 2023
Annual revenue (TTM): $550.21M as of Dec 31, 2023
EBITDA (TTM): $107.42M as of Dec 31, 2023
Net annual income (TTM): -$28.20M as of Dec 31, 2023
Free cash flow (TTM): -$35.57M as of Dec 31, 2023
Net Debt Last Fiscal Year: $819.99M as of Dec 31, 2023
Shares outstanding: 30,359,931 as of Mar 8, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

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