Record Second Quarter Revenue and EBITDAR
Century Casinos reported record revenue of $150.8 million and EBITDAR of $30.3 million for Q2 2025, marking a 50% sequential increase and a 10% increase over Q2 2024.
Successful Partnership with BetMGM
Century Casinos announced a partnership with BetMGM to operate an online and mobile sports betting application in Missouri, expected to launch in December 2025, with anticipated financial contributions in 2026.
Caruthersville Casino and Hotel Performance
The Caruthersville Casino and Hotel reported a 24% increase in total revenue and a 30% increase in EBITDA compared to Q2 2024, with a 43% margin driven by a 41% increase in long-distance visitors.
Positive Trends in Canadian Operations
In Canada, slot coin-in increased by 6% and EBITDAR grew by 2.8% year-over-year, with notable performance from Century Casino St. Albert following exterior and interior modernizations.
Improved Cash Flow and Debt Management
Century Casinos reported turning cash flow positive with a cash position of $85.5 million and a reduction in net debt-to-EBITDA ratio from 6.9x to 6.2x.