{"id":46,"date":"2024-06-12T10:39:07","date_gmt":"2024-06-12T07:39:07","guid":{"rendered":"https:\/\/duckyluckcasinonodepositbonus.icu\/2024\/06\/12\/century-gaming-reports-decline-in-q3-earnings-but-remains-upbeat-on-expansion\/"},"modified":"2024-06-13T12:13:40","modified_gmt":"2024-06-13T09:13:40","slug":"century-gaming-reports-decline-in-q3-earnings-but-remains-upbeat-on-expansion","status":"publish","type":"post","link":"https:\/\/duckyluckcasinonodepositbonus.icu\/2024\/06\/12\/century-gaming-reports-decline-in-q3-earnings-but-remains-upbeat-on-expansion\/","title":{"rendered":"Century Gaming Reports Decline in Q3 Earnings  But Remains Upbeat on Expansion"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/90MildrU2ns\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>Century Gaming saw a 4% reduction in net operating income during the recent quarter, as indicated by the business&#8217;s most recent earnings statement. <\/p>\n<p>The statement shows that Century Gaming generated $112.6 million in net operating income for the third quarter. Modified EBITDA was recorded as $28.1 million, a 15% decline compared to the corresponding period the previous year. Operating earnings for the three months concluding in September were $20 million, representing a 22% year-over-year reduction.<\/p>\n<p>These numbers contributed to a 1.33% drop in Century Gaming&#8217;s share value in the five days preceding the statement&#8217;s publication.<\/p>\n<p>Joint CEOs Erwin Haitzmann and Peter Hoetzinger ascribed the decline to robust financial results in 2021 and the effects of price increases in their remarks accompanying the statement.<\/p>\n<p>&#8220;Both net operating income and Modified EBITDA decreased in the third quarter of 2022 compared to exceptional outcomes in 2021,&#8221; they noted. &#8220;These reductions were partly driven by the unprecedented outcomes in 2021 (bolstered by the easing of COVID-19 limitations in Missouri) and the influence of inflation and increased costs incurred at our Caruthersville riverboat property owing to shallow water levels in the Mississippi River.&#8221;<\/p>\n<p>Despite the current decline, the corporation maintains a positive outlook. In August, Century Gaming made a substantial move by entering into a contract with Lakes Maryland Development, Golden Entertainment, and Vici Properties to purchase the Rocky Gap Casino Resort for $56.1 million. <\/p>\n<p>During their third-quarter financial report, Heitzmann and Herchinger spoke about the arrangement, stating, &#8220;Back in August, we revealed a conclusive contract to purchase the Rocky Gap Casino Resort business.  The opportunity to expand into the Maryland region and incorporate this establishment into our expanding American portfolio thrills us.&#8221; <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Century Gaming saw a 4% reduction in net operating income during the recent quarter, as indicated by the business&#8217;s most recent earnings statement. The statement shows that Century Gaming generated $112.6 million in net operating income for the third quarter. Modified EBITDA was recorded as $28.1 million, a 15% decline compared to the corresponding period [&hellip;]<\/p>\n","protected":false},"author":80,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Century Gaming Reports Dip in Q3 Earnings: What<\/title>\n<meta name=\"description\" content=\"Century Gaming saw a 4% dip in net operating income this quarter, generating $112.6 million. We break down the earnings report and analyze what this means for investors.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/duckyluckcasinonodepositbonus.icu\/2024\/06\/12\/century-gaming-reports-decline-in-q3-earnings-but-remains-upbeat-on-expansion\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Century Gaming Reports Decline in Q3 Earnings But Remains Upbeat on Expansion\" \/>\n<meta property=\"og:description\" content=\"Century Gaming saw a 4% dip in net operating income this quarter, generating $112.6 million. We break down the earnings report and analyze what this means for investors.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/duckyluckcasinonodepositbonus.icu\/2024\/06\/12\/century-gaming-reports-decline-in-q3-earnings-but-remains-upbeat-on-expansion\/\" \/>\n<meta property=\"og:site_name\" content=\"Stay Ahead of the Curve with Our Licensed Casino Gaming Updates\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-12T07:39:07+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-13T09:13:40+00:00\" \/>\n<meta name=\"author\" content=\"Naomi &quot;Nyx&quot; Reese\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Naomi &quot;Nyx&quot; Reese\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/duckyluckcasinonodepositbonus.icu\/2024\/06\/12\/century-gaming-reports-decline-in-q3-earnings-but-remains-upbeat-on-expansion\/\",\"url\":\"https:\/\/duckyluckcasinonodepositbonus.icu\/2024\/06\/12\/century-gaming-reports-decline-in-q3-earnings-but-remains-upbeat-on-expansion\/\",\"name\":\"Century Gaming Reports Dip in Q3 Earnings: What\",\"isPartOf\":{\"@id\":\"https:\/\/duckyluckcasinonodepositbonus.icu\/#website\"},\"datePublished\":\"2024-06-12T07:39:07+00:00\",\"dateModified\":\"2024-06-13T09:13:40+00:00\",\"author\":{\"@id\":\"https:\/\/duckyluckcasinonodepositbonus.icu\/#\/schema\/person\/9304167df44080df2541e1d68c58835f\"},\"description\":\"Century Gaming saw a 4% dip in net operating income this quarter, generating $112.6 million. We break down the earnings report and analyze what this means for investors.\",\"breadcrumb\":{\"@id\":\"https:\/\/duckyluckcasinonodepositbonus.icu\/2024\/06\/12\/century-gaming-reports-decline-in-q3-earnings-but-remains-upbeat-on-expansion\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/duckyluckcasinonodepositbonus.icu\/2024\/06\/12\/century-gaming-reports-decline-in-q3-earnings-but-remains-upbeat-on-expansion\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/duckyluckcasinonodepositbonus.icu\/2024\/06\/12\/century-gaming-reports-decline-in-q3-earnings-but-remains-upbeat-on-expansion\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Homepage\",\"item\":\"https:\/\/duckyluckcasinonodepositbonus.icu\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Century Gaming Reports Decline in Q3 Earnings But Remains Upbeat on Expansion\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/duckyluckcasinonodepositbonus.icu\/#website\",\"url\":\"https:\/\/duckyluckcasinonodepositbonus.icu\/\",\"name\":\"Stay Ahead of the Curve with Our Licensed Casino Gaming Updates\",\"description\":\"Stay on top of the online gambling world with our fresh casino news, in-depth reviews, and expert articles. Our licensed platform is your go-to destination for excitement.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/duckyluckcasinonodepositbonus.icu\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-GB\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/duckyluckcasinonodepositbonus.icu\/#\/schema\/person\/9304167df44080df2541e1d68c58835f\",\"name\":\"Naomi \\\"Nyx\\\" Reese\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/duckyluckcasinonodepositbonus.icu\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/duckyluckcasinonodepositbonus.icu\/wp-content\/uploads\/sites\/83\/2024\/06\/woman-avatar-96x96.png\",\"contentUrl\":\"https:\/\/duckyluckcasinonodepositbonus.icu\/wp-content\/uploads\/sites\/83\/2024\/06\/woman-avatar-96x96.png\",\"caption\":\"Naomi \\\"Nyx\\\" Reese\"},\"description\":\"Holding a Ph.D. in Fractal Geometry and a Master's in Art, this accomplished author has a deep appreciation for the aesthetic and mathematical dimensions of patterns and their role in shaping the visual and cultural landscape of the casino industry. They have expertise in fractal art, computer graphics, and visual mathematics, which they apply to the analysis of the visual and symbolic aspects of casino design and the development of strategies to promote artistic expression and cultural diversity in gambling environments. Their articles and reviews provide readers with an artistic and mathematical perspective on the casino industry and the strategies used to create visually stunning and mathematically inspired gambling experiences.\",\"url\":\"https:\/\/duckyluckcasinonodepositbonus.icu\/author\/gh1234df\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Century Gaming Reports Dip in Q3 Earnings: What","description":"Century Gaming saw a 4% dip in net operating income this quarter, generating $112.6 million. We break down the earnings report and analyze what this means for investors.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/duckyluckcasinonodepositbonus.icu\/2024\/06\/12\/century-gaming-reports-decline-in-q3-earnings-but-remains-upbeat-on-expansion\/","og_locale":"en_GB","og_type":"article","og_title":"Century Gaming Reports Decline in Q3 Earnings But Remains Upbeat on Expansion","og_description":"Century Gaming saw a 4% dip in net operating income this quarter, generating $112.6 million. We break down the earnings report and analyze what this means for investors.","og_url":"https:\/\/duckyluckcasinonodepositbonus.icu\/2024\/06\/12\/century-gaming-reports-decline-in-q3-earnings-but-remains-upbeat-on-expansion\/","og_site_name":"Stay Ahead of the Curve with Our Licensed Casino Gaming Updates","article_published_time":"2024-06-12T07:39:07+00:00","article_modified_time":"2024-06-13T09:13:40+00:00","author":"Naomi \"Nyx\" Reese","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Naomi \"Nyx\" Reese","Estimated reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/duckyluckcasinonodepositbonus.icu\/2024\/06\/12\/century-gaming-reports-decline-in-q3-earnings-but-remains-upbeat-on-expansion\/","url":"https:\/\/duckyluckcasinonodepositbonus.icu\/2024\/06\/12\/century-gaming-reports-decline-in-q3-earnings-but-remains-upbeat-on-expansion\/","name":"Century Gaming Reports Dip in Q3 Earnings: What","isPartOf":{"@id":"https:\/\/duckyluckcasinonodepositbonus.icu\/#website"},"datePublished":"2024-06-12T07:39:07+00:00","dateModified":"2024-06-13T09:13:40+00:00","author":{"@id":"https:\/\/duckyluckcasinonodepositbonus.icu\/#\/schema\/person\/9304167df44080df2541e1d68c58835f"},"description":"Century Gaming saw a 4% dip in net operating income this quarter, generating $112.6 million. We break down the earnings report and analyze what this means for investors.","breadcrumb":{"@id":"https:\/\/duckyluckcasinonodepositbonus.icu\/2024\/06\/12\/century-gaming-reports-decline-in-q3-earnings-but-remains-upbeat-on-expansion\/#breadcrumb"},"inLanguage":"en-GB","potentialAction":[{"@type":"ReadAction","target":["https:\/\/duckyluckcasinonodepositbonus.icu\/2024\/06\/12\/century-gaming-reports-decline-in-q3-earnings-but-remains-upbeat-on-expansion\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/duckyluckcasinonodepositbonus.icu\/2024\/06\/12\/century-gaming-reports-decline-in-q3-earnings-but-remains-upbeat-on-expansion\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Homepage","item":"https:\/\/duckyluckcasinonodepositbonus.icu\/"},{"@type":"ListItem","position":2,"name":"Century Gaming Reports Decline in Q3 Earnings But Remains Upbeat on Expansion"}]},{"@type":"WebSite","@id":"https:\/\/duckyluckcasinonodepositbonus.icu\/#website","url":"https:\/\/duckyluckcasinonodepositbonus.icu\/","name":"Stay Ahead of the Curve with Our Licensed Casino Gaming Updates","description":"Stay on top of the online gambling world with our fresh casino news, in-depth reviews, and expert articles. Our licensed platform is your go-to destination for excitement.","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/duckyluckcasinonodepositbonus.icu\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-GB"},{"@type":"Person","@id":"https:\/\/duckyluckcasinonodepositbonus.icu\/#\/schema\/person\/9304167df44080df2541e1d68c58835f","name":"Naomi \"Nyx\" Reese","image":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/duckyluckcasinonodepositbonus.icu\/#\/schema\/person\/image\/","url":"https:\/\/duckyluckcasinonodepositbonus.icu\/wp-content\/uploads\/sites\/83\/2024\/06\/woman-avatar-96x96.png","contentUrl":"https:\/\/duckyluckcasinonodepositbonus.icu\/wp-content\/uploads\/sites\/83\/2024\/06\/woman-avatar-96x96.png","caption":"Naomi \"Nyx\" Reese"},"description":"Holding a Ph.D. in Fractal Geometry and a Master's in Art, this accomplished author has a deep appreciation for the aesthetic and mathematical dimensions of patterns and their role in shaping the visual and cultural landscape of the casino industry. They have expertise in fractal art, computer graphics, and visual mathematics, which they apply to the analysis of the visual and symbolic aspects of casino design and the development of strategies to promote artistic expression and cultural diversity in gambling environments. Their articles and reviews provide readers with an artistic and mathematical perspective on the casino industry and the strategies used to create visually stunning and mathematically inspired gambling experiences.","url":"https:\/\/duckyluckcasinonodepositbonus.icu\/author\/gh1234df\/"}]}},"_links":{"self":[{"href":"https:\/\/duckyluckcasinonodepositbonus.icu\/wp-json\/wp\/v2\/posts\/46"}],"collection":[{"href":"https:\/\/duckyluckcasinonodepositbonus.icu\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/duckyluckcasinonodepositbonus.icu\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/duckyluckcasinonodepositbonus.icu\/wp-json\/wp\/v2\/users\/80"}],"replies":[{"embeddable":true,"href":"https:\/\/duckyluckcasinonodepositbonus.icu\/wp-json\/wp\/v2\/comments?post=46"}],"version-history":[{"count":1,"href":"https:\/\/duckyluckcasinonodepositbonus.icu\/wp-json\/wp\/v2\/posts\/46\/revisions"}],"predecessor-version":[{"id":47,"href":"https:\/\/duckyluckcasinonodepositbonus.icu\/wp-json\/wp\/v2\/posts\/46\/revisions\/47"}],"wp:attachment":[{"href":"https:\/\/duckyluckcasinonodepositbonus.icu\/wp-json\/wp\/v2\/media?parent=46"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/duckyluckcasinonodepositbonus.icu\/wp-json\/wp\/v2\/categories?post=46"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/duckyluckcasinonodepositbonus.icu\/wp-json\/wp\/v2\/tags?post=46"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}