Century Casinos, Inc. (CNTY) Earnings Call Transcripts

Century Casinos, Inc.'s Latest Earnings Call - Q1 FY2026

In Q1 2026, Century Casinos, Inc. reported record net operating revenue of $55.3 million, a 5% increase year-over-year, alongside a significant 24% rise in adjusted EBITDAR to $24.9 million. The strong performance was driven by broad-based revenue growth across all properties in the U.S. and Canada, with notable highlights including a 93% EBITDAR increase at the Nugget Casino. Management maintained a positive outlook for the remainder of the year, citing resilience in regional consumer behavior and expectations for continued cash flow improvement, while also signaling a focus on reducing leverage and optimizing capital expenditures.

Reported metrics

Guidance from management

Management expects to continue benefiting from strong performance trends into Q2 2026, with a clear path to higher EBITDAR and cash flow. They anticipate a decrease in CapEx to between $14 million and $15 million for the year.

What management said

Ryan, thanks for the question. It's really hard to say that. In Alberta, we used to say when the oil prices are high, then the revenues are better, but that's not necessarily true anymore and cannot be linked directly. I think it's a similar thing. We also made a marketing push there and encouraged all the managers who are doing a wonderful job to take some more share ideas with us. And as I said, we encourage them t...

Yes. Ryan, we think that with the improvements that we have made to our portfolio over the last couple of years, our asset portfolio is certainly capable of doing that. We need the low-end consumer to come back a little bit more than what we currently are seeing. And with that, with the continued improvements that we are making, especially the Nugget, which we believe has the highest potential upside, that is certain...

What analysts pressed on

Analysts expressed concerns about the sustainability of margin improvements and the impact of macroeconomic factors on consumer behavior. There were questions regarding the company's ability to maintain revenue growth in light of potential economic headwinds.

Main topics on the call

• Record Revenue Performance — Century Casinos achieved an all-time high in net operating revenue for Q1 2026, reaching $55.3 million, which is a 5% increase year-over-year. Management stated, "We never had higher revenues in the first quarter in the ...
• Strong EBITDAR Growth — Adjusted EBITDAR increased by 24% year-over-year to $24.9 million, reflecting strong profitability across all properties. The management highlighted that "every single property in the U.S. and Canada grew compared to Q1 ...
• Cost Management Initiatives — Management implemented cost-saving initiatives that contributed to margin expansion, including a focus on purchasing power and marketing efficiency. They noted, "We encouraged everyone to look at all the costs with a fre...
• Positive Trends in Customer Segments — The company reported solid trends in high-value customer segments, with rated revenue up 5%. Management mentioned, "The trend of strong play from high value and core customer segments continued."

Read the full Century Casinos, Inc. transcript (Q1 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 28 Century Casinos, Inc. earnings call transcripts on record, spanning March 13, 2020 to August 7, 2026. Based on this history, Century Casinos, Inc. reports quarterly. The most recent call on file is dated August 7, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

CNTY

Exchange

NasdaqCM

Country

US

Sector

Consumer Discretionary

Industry

Hotels, Restaurants and Leisure

Calls on record

28

First call

March 13, 2020

Most recent

August 7, 2026

Reporting cadence

quarterly