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4-Traders Homepage  >  Equities  >  Nasdaq  >  Century Casinos, Inc.    CNTY

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Century Casinos : Colorado Springs-based Century Casinos acquires license for England casino

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06/22/2017 | 05:49am CET

June 21--An Austrian unit of Colorado Springs-based Century Casinos Inc. has acquired Saw Close Casino Ltd., which holds a license to develop an operate a small casino in Bath, England, for $766,000 and also includes debt of $196,000 owed to the landlord of the casino site.

Saw Close has a 30-year lease on the casino site and plans to spend $6.4 million to design, build and equip the 15,000-square-foot casino with 18 gaming tables, 35 slot machines and 24 automated live gaming terminals. The casino is scheduled to open in the first quarter of next year and will be part of a development that also includes a 147-room hotel and two restaurants.

Century owns or operates casinos in Cripple Creek, Central City, Argentina, Aruba, Canada, Poland and aboard 13 cruise ships. The company also operates a horse racing track and a network of off-track betting locations in Canada.

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(c)2017 The Gazette (Colorado Springs, Colo.)

Visit The Gazette (Colorado Springs, Colo.) at www.gazette.com

Distributed by Tribune Content Agency, LLC.

© Tribune Content Agency, source Regional News

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Financials ($)
Sales 2017 155 M
EBIT 2017 18,0 M
Net income 2017 11,7 M
Debt 2017 -
Yield 2017 -
P/E ratio 2017 13,98
P/E ratio 2018 16,78
Capi. / Sales 2017 1,24x
Capi. / Sales 2018 1,17x
Capitalization 192 M
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Century Casinos, Inc. Technical Analysis Chart | CNTY | US1564921005 | 4-Traders
Technical analysis trends CENTURY CASINOS, INC.
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TrendsBearishBullishBullish
Income Statement Evolution
Consensus
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Mean consensus OUTPERFORM
Number of Analysts 3
Average target price 11,3 $
Spread / Average Target 44%
EPS Revisions
Managers
NameTitle
Erwin Haitzmann Chairman & Co-Chief Executive Officer
Peter Hoetzinger Vice Chairman, President & Co-CEO
Andreas Terler Chief Information Officer & VP-Operations
Margaret M. Stapleton Chief Financial Officer, Secretary, CAO & EVP
Robert S. Eichberg Independent Non-Executive Director
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