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Stock impact report

Century Casinos (CNTY) Boosts Missouri Footing With New Hotel [Yahoo! Finance]

Century Casinos, Inc. (CNTY) 
Last century casinos, inc. earnings: 3/13 06:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
Connected with Century Casino Cape Girardeau, the six-story building housing 69 rooms, covers approximately 68,000 square feet. The construction amounted to $30.5 million. The company also emphasized the construction of a new land-based casino with a 38-room hotel in Caruthersville, MO. Estimated at a project cost of $51.9 million, the development promises significant enhancements in gaming capacity and operational efficiency, supported by full funding from VICI. The company anticipates the project to be completed by the fourth quarter of 2024. Following completion, VICI will possess the property enhancements associated with the Caruthersville project. The agreement will be incorporated into the company's triple net lease agreement with VICI subsidiaries. In fourth-quarter 2023, the company's Missouri properties demonstrated growth in revenues, EBITDA and operating margins on a year-over-year basis. Despite ongoing construction activities, the company reported an increase in vis Show less Read more
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