Century Casinos, Inc. (CNTY) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good day everyone and welcome to today's Century Casinos Q2 2025 earnings call. At this time all participants are in a listen only mode. Later you have an 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 Hudsonger. Please go ahead sir. Good morning everyone and thank you for joining our earnings call. I would like to remind everyone that we will be discussing forward looking information under the safe harbor provisions of the US 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 our call we refer to several non-GAP financial measures including but not limited to adjusted EBITDA. Reconciliation of our non-GAP measures to the appropriate GAP measures can be found in our news releases and SEC filings available in the investor section of our website at cntui.com. After our prepared remarks we will open the call for questions from analysts. My co-CEO Erwin Heitzman and our Chief Financial Officer Mrs. Margaret Stapeltin will join me for that. We announced strong second quarter results this morning. Both revenue and adjusted EBITDA were all-time records for a second quarter. Revenues were 150.8 million driven by strength in Missouri, Canada and Poland. EBITDA came in at 30.3 million, a 50% sequential increase and a 10% increase over Q2 of last year. The strong EBITDA growth was growth based with every region except Nevada contributing positive growth. Our results were sup...