Century Casinos, Inc. (CNTY) Reopened Casinos In The U.S. and Canada – Stocks Register

Century Casinos, Inc. (CNTY) Reopened Casinos In The U.S. and Canada

Century Casinos, Inc. (CNTY) this month reopened live table games at several of its casinos in the United States and Canada.

The company successfully reopened live table games at Century Casino and Hotel Central City, Colorado; Century Casino Calgary, Canada; Century Casino and Hotel in Edmonton, Canada; and Canada; Century Casino St. Albert, Canada. The reopening of those occurred between September 7, 2020 and September 11, 2020, as announced the company early last week.

Based on the guidelines by Alberta Health Services, CNTY is complying with social distancing and sanitizing measures in its casinos in Canada. It is also following the newly established standards for the industry in wake of COVID-19 at each of its property in the country.

Gilpin County in Colorado is among the three counties which remained successful to get a go ahead to start the business operations again. These counties received certification to move further through Colorado’s Protect Our Neighbors phase. CNTY will continue live table games with limited number of customers at each table. Games will be open on daily basis in accordance with health and safety protocols approved by the authorities.

The company also took pride to announce that its Century Casino and Hotel Central City, Colorado was voted as Denver’s Best Casino in 2020 on Denver’s A List.

The reopening of live table games was also significant for the company as it reported a quarterly loss of $0.42 per share in August. The loss, however, was less than what the analysts were estimating the company to be making. Analysts’ consensus was on the loss of $0.67 for the reported quarter, whereas company’s loss was $0.02 per share in the same quarter a year ago.

The earning surprise for the quarter remained 37.31% while the company surpasses the consensus EPS estimates for once over the last four quarters.

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