Overview

* Century Casinos ( CNTY ) 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

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 Beat $150.80 $149.20

Revenue mln mln (4

Analysts

)

Q2 $30.30

Adjusted mln

EBITDA

Q2 $16.60

Earnings mln

from

Operatio

ns

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 ( CNTY ) is $4.00, about 44.8% above its August 6 closing price of $2.21

Press Release:

(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.)