Century Casinos grows revenue, earnings in Q2

Century Casinos grows revenue, earnings in Q2

Article brief provided by The Gazette
  • Jessica Snouwaert, The Gazette
August 5, 2022 7:15 PM
  • Jessica Snouwaert, The Gazette

Century Casinos saw net income climb to $8.9 million in the second quarter, up 29% from the same quarter in 2021, the Colorado Springs-based company reported Friday.

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Earnings per share from the company to shareholders were $0.28, according to a news release. Century Casinos’ net operating revenue grew in the second quarter by 21%, when compared to a year earlier, to $111.1 million. The latest numbers compare to a time when COVID-19 restrictions were still affecting Century’s casino operations in Canada and Poland.

“The COVID-19 pandemic impacted the company’s results of operations in the first half of 2021 because of closures at the company’s Canada and Poland properties during this period,” the release said. “…The duration and ultimate impact of the COVID-19 pandemic otherwise remains uncertain.”