Century Casinos, Inc. Announces Second Quarter 2026 Results

About this update from Century Casinos, Inc.

All-Time Record Q2 Net Operating Revenue and Adjusted EBITDAR, Driven by Strong Performance in North America. COLORADO SPRINGS, Colo., Aug. 7, 2026 /CNW/ -- Century Casinos, Inc. (the "Company", "we", "us", or "our") (Nasdaq Capital Market®: CNTY) today announced its financial results for the three and six months ended June 30, 2026.Second Quarter 2026 Highlights*Compared to the three months ended June 30, 2025:Net operating revenue was $152.0 million, an increase of 1%.Earnings from operations was $17.2 million, an increase of 4%.Net loss attributable to Century Casinos, Inc. shareholders was ($10.9) million, a change of 11%, and net loss per share was ($0.39).Adjusted EBITDAR** was $31.7 million, an increase of 5%.Highlights of our US West Segment compared to the three months ended June 30, 2025*: Net operating revenue was $23.4 million, an increase of 16%.Net loss attributable to Century Casinos, Inc. shareholders was ($0.7) million, a 75% improvement.Adjusted EBITDAR** was $4.5 million, a 93% increase."We are very pleased with the results of our North American operations during the second quarter, driven by a strong performance at the Nugget, in the US West reportable segment, as well as in the US Midwest reportable segment, which includes our Missouri and Colorado properties. The Nugget's Adjusted EBITDAR** grew an additional 93%, after growing by 93% in the first quarter, and we will continue to work diligently at the property to continue this performance throughout 2026 and beyond. Unfortunately, the results in North America were negatively impacted by Poland, which continued to underperform due, in part, to low table hold in June 2026. However, we are seeing some signs of improvement in Poland that should lead to better results over the next several quarters," Erwin Haitzmann and Peter Hoetzinger, Co-Chief Executive Officers of Century Casinos, remarked.RESULTSThe consolidated results for the three and six months ended June 30, 2026 and 2025 are as follows:For the three months For the six monthsAmounts in thousands, except per share data ended June 30,%ended June 30,%Consolidated Results:20262025Change20262025ChangeNet operating revenue$151,995$150,8181 %$289,234$281,2613 %Earnings from operations17,18016,5754 %28,94123,71522 %Net loss attributable to Century Casinos, Inc. shareholders$(10,910)$(12,309)11 %$(27,414)$(...

View stock analysis, news, and events for Century Casinos, Inc.