Reports Q4 revenue $137.77M, consensus $142.21M. “The highlight of the fourth quarter 2024 was the successful opening of the new land-based casino and hotel in Caruthersville, Missouri on November 1, 2024,” Erwin Haitzmann and Peter Hoetzinger, co-CEOs of Century Casinos (CNTY) remarked. “We continue to see weak trends from retail and low-end customers, which we believe is due to macro-economics impacting consumer spending in our markets. However, with no construction or renovation disruptions and the opportunity to realize returns from our recent growth capital initiatives, we believe Adjusted EBITDAR and cash flow will improve in 2025 as compared to 2024,” Messrs. Haitzmann and Hoetzinger concluded.
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