Century Casinos, Inc. is a gaming and entertainment company with operations in the United States, Canada, Poland, and Argentina. The Company operates through four segments: U.S.
, Canadian, Polish, and Corporate. It offers gaming and entertainment activities, including live table games, horse and greyhound racing, off-track betting, video lottery terminals (VLTs), slot machines, hotel accommodations, restaurants, bars, lounges and night clubs. As of December 31, 2016, the Company owned or had interests in gaming establishments in Colorado Springs and Cripple Creek in Colorado; Edmonton and Central City in Alberta; Aurora and West Springfield in Massachusetts; North Battleford in Saskatchewan; Warsaw in Poland; and Buenos Aires Province in Argentina. The Company’s common stock is traded on NAsdaq Global Select Market under the symbol CNTG.
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PRO TIP:Given the unpredictable nature of stock markets, it is difficult to provide a definitive answer about whether Century Casino is a good stock to buy. It is advisable to conduct thorough research into the company’s financials, operations, and competitive position in the market before investing in the stock. Additionally, investors should consider their own risk tolerance and personal financial goals when making an investment decision.
Century Casinos is a good stock to buy for investors who are looking for exposure to the gaming industry. The company has operations in four different segments which provides diversification and limits risk.
Century Casinos also has a strong balance sheet with no debt and plenty of cash on hand. Furthermore, the company has a history of paying dividends to shareholders.
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