Century Casinos reports net operating revenue up 39 percent in fourth quarter

Century Casinos reports net operating revenue up 39 percent in fourth quarter

Article brief provided by PlayUSA
  • J.R. Duren , PlayUSA
March 25, 2024 4:21 PM

Century Casinos Q4 2023 earnings report was a mixed bag of growth in some areas and decline in others. The company, which runs casinos in the US and abroad, saw its net operating revenue increase quarterly and yearly, but earnings from operations dipped.

Story continues below

The company has a lot going on in the US and beyond between its existing properties and its construction projects. The former brings in revenue and the latter cuts into that revenue.

The company generated $143.8 million in net operating revenue in Q4 2023, which was 39% higher than the $103.8 million in net operating revenue it totaled in Q4 2022. The company’s US operations drove the company’s net operating gains, jumping 65% compared to Q4 2022.

Candian net operating revenue was up 17%. The company’s net operating revenue from its properties in Poland was down 13%.