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Sep 30, 2023
Century Casinos Q3 2023 Earnings Report
Century Casinos' Q3 2023 results were announced, featuring record net operating revenue and adjusted EBITDA, alongside the completion of the Rocky Gap acquisition and Canada real estate sale.
Key Takeaways
Century Casinos reported a 43% increase in net operating revenue, reaching $161.2 million, and a 19% increase in Adjusted EBITDA, totaling $33.3 million. However, the company experienced a net loss attributable to shareholders of $14.2 million, influenced by one-time expenses related to acquisitions and sale leaseback transactions.
Net operating revenue increased by 43% to $161.2 million.
Earnings from operations decreased by 28% to $14.5 million.
Net loss attributable to shareholders was $14.2 million, a change of (582%).
Adjusted EBITDA increased by 19% to $33.3 million.
Revenue by Geographic Location
Revenue & Expenses
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Historical Earnings Impact
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Avg. Return Before/After Earnings
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