Century Casinos, Inc. (CNTY) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good day, everyone, and welcome to today's Century Casino's Q1 2026 earnings call. At this time, all participants are in a listen-only mode. Later, you will have the opportunity to ask questions during the question and answer session. You may register to ask a question at any time by pressing the star and 1 on your telephone keypad. Please note, this call is being recorded, and I will be standing by if you should need any assistance. It is now my pleasure to turn the conference over to Peter Hetzinger, Please go ahead. Good morning, everyone. Thank you for joining our earnings call. Before we start, we'd like to remind everyone that we will be discussing forward-looking information under the safe harbor provisions of the U.S. federal securities laws. The company undertakes no obligation to update or revise the forward-looking statements, and the actual results may differ from those projected. Throughout the call, we referred to several non-GAAP financial measures including but not limited to adjusted EBITDA. Reconciliations of our non-GAAP measures to the appropriate GAAP measures can be found in our news releases and SEC filings, available in the investor section of our website at cnty.com. With me today are my TOAS CEO, Erwin Heitzman, and our Chief Financial Officer, Margaret Stapleton. After our prepared remarks, we'll open the call for questions from analysts. I'm pleased to report that our diversified portfolio delivered a strong, solid quarter as net operating revenue increased by 5%. That is an all-time record for us. We never had higher revenues in the first quarter in the history of the company. Congrats to all staff members and the management teams at our properties. Our performance was encouraging across the board. The growth was broad-based. every single...