Century Casinos releases Q2 results

Century Casinos has released its results for the quarter ending June 30, showing a net operating revenue of US$136.8m.

Against its Q2 2022 results, this is an increase of 23 per cent.

However, earnings from operations were $18.6m, a decrease of 10 per cent against the previous year’s equivalent quarter and Adjusted EBITDA was down two per cent to $29.3m.

The report also laid out the details of several acquisitions. First was the company’s acquisition of the operations of Rocky Gap Casino Resort in Flintstone, Maryland, completed on July 25.

Second was the company’s acquisition of 100 per cent of the membership interests in Nugget Sparks, completed on April 3. Finally, there was the agreements for subsidiaries of VICI PropCo Buyer to acquire the real estate assets of various Canadian real estate.