{"id":10757,"date":"2026-05-11T22:31:41","date_gmt":"2026-05-11T22:31:41","guid":{"rendered":"https:\/\/casino-online-best.com\/index.php\/2026\/05\/11\/century-casinos-q1-revenue-jumps-to-137-2-million\/"},"modified":"2026-05-11T22:31:41","modified_gmt":"2026-05-11T22:31:41","slug":"century-casinos-q1-revenue-jumps-to-137-2-million","status":"publish","type":"post","link":"https:\/\/casino-online-best.com\/index.php\/2026\/05\/11\/century-casinos-q1-revenue-jumps-to-137-2-million\/","title":{"rendered":"Century Casinos Q1 Revenue Jumps To $137.2 Million"},"content":{"rendered":"<div>\n<p>Century Casinos reported higher first-quarter revenue, stronger operating earnings, and a smaller net loss as North American properties delivered better results.<\/p>\n<hr>\n<p><em><strong>Good to Know<\/strong><\/em><\/p>\n<ul>\n<li><em><strong>Net operating revenue rose 5% to $137.2 million in Q1 2026.<\/strong><\/em><\/li>\n<li><em><strong>Adjusted EBITDAR increased 24% to $24.9 million.<\/strong><\/em><\/li>\n<li><em><strong>Net loss narrowed to $16.5 million from $20.6 million a year earlier.<\/strong><\/em><\/li>\n<\/ul>\n<hr>\n<p>Century Casinos opened 2026 with its highest first-quarter net operating revenue on record, helped by gains in the US and Canada.<\/p>\n<p>For the three months ended March 31, the Nasdaq-listed casino operator generated $137.2 million in net operating revenue, up from $130.4 million in Q1 2025. Earnings from operations climbed 65% to $11.8 million.<\/p>\n<p>The net loss attributable to Century Casinos shareholders narrowed to $16.5 million, compared with $20.6 million last year. Basic and diluted loss per share both reached $0.58, down from $0.67.<\/p>\n<div class=\"main-org-3-item-ins box-100 relative mb-4\">\n<div class=\"space-org-3-items box-100 relative\">\n<div class=\"box-100 space-org-3-item relative border-tb mt-1 \">\n<div class=\"space-org-3-item-ins box-100 relative\">\n<div class=\"space-org-3-item-logo box-25 relative\">\n<div class=\"space-org-3-item-logo-ins box-100 text-center relative\">\n<div class=\"space-org-logo-title-box box-100 text-left relative\">\n<div class=\"space-org-3-item-logo-box box-25 relative img-radius\">\n\t\t<a href=\"https:\/\/igaming.org\/site\/betus\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow\"><br \/>\n\t\t<amp-img alt=\"BetUS\" src=\"https:\/\/igaming.org\/wp-content\/uploads\/2023\/01\/BetUS.png.webp\" width=\"50\" height=\"50\" layout=\"fixed\"><br \/>\n\t\t<\/amp-img><br \/>\n\t\t<\/a>\n\t\t<\/div>\n<div class=\"space-org-3-item-logo-title box-25 relative py-10\">\n\t\t<a href=\"https:\/\/igaming.org\/site\/betus\/\" title=\"BetUS\" target=\"_blank\" rel=\"nofollow\">BetUS<\/a>\n\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-terms box-25 relative\">\n<div class=\"space-org-3-item-terms-ins box-100 text-center relative\">\n\t\t<strong><strong>Get 125% \/ $2,500 on 1st deposit!<\/strong><\/strong><br \/>\n\t\t<\/p>\n<div class=\"pt-1\">New players only. Exclusive Welcome Bonus of up to $2,500<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-rating box-25 relative mb-10\">\n<div class=\"rating-box text-center box-100  relative\">\n<div class=\"space-org-3-item-rating-box relative\">\n<div class=\"stars\"><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><\/div>\n<div class=\"space-org-rating-notice relative\">Casino &#038; Sports<\/div>\n<\/p><\/div>\n<p>\t\n\t\t\t\t <\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-button box-25 relative\">\n<div class=\"space-org-3-item-button-ins box-100 text-center relative\">\n\t\t\t\t<a href=\"https:\/\/igaming.org\/site\/betus\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow\">\tVisit Site<\/a>\n\t\t\t<\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<h2>North America Carries Q1 Growth<\/h2>\n<p>Adjusted EBITDAR rose 24% to $24.9 million, with all North American segments posting year-over-year gains.<\/p>\n<p>US Midwest remained the largest revenue segment at $41.8 million, up 5%. US East also grew 5% to $38.9 million, while US West rose 4% to $17.1 million. Canada had the fastest revenue growth, up 11% to $18.3 million. Poland increased 2% to $21.1 million.<\/p>\n<p>Erwin Haitzmann and Peter Hoetzinger, Co-Chief Executive Officers of Century Casinos, said:<\/p>\n<p><em>\u201cThe first quarter of 2026 was an all-time record for net operating revenue in a first quarter in the company\u2019s history, and we saw all North American properties outperform the first quarter of 2025 in both net operating revenue and Adjusted EBITDAR.<\/em><\/p>\n<div class=\"main-org-3-item-ins box-100 relative mb-4\">\n<div class=\"space-org-3-items box-100 relative\">\n<div class=\"box-100 space-org-3-item relative border-tb mt-1 \">\n<div class=\"space-org-3-item-ins box-100 relative\">\n<div class=\"space-org-3-item-logo box-25 relative\">\n<div class=\"space-org-3-item-logo-ins box-100 text-center relative\">\n<div class=\"space-org-logo-title-box box-100 text-left relative\">\n<div class=\"space-org-3-item-logo-box box-25 relative img-radius\">\n\t\t<a href=\"https:\/\/igaming.org\/site\/betus\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow\"><br \/>\n\t\t<amp-img alt=\"BetUS\" src=\"https:\/\/igaming.org\/wp-content\/uploads\/2023\/01\/BetUS.png.webp\" width=\"50\" height=\"50\" layout=\"fixed\"><br \/>\n\t\t<\/amp-img><br \/>\n\t\t<\/a>\n\t\t<\/div>\n<div class=\"space-org-3-item-logo-title box-25 relative py-10\">\n\t\t<a href=\"https:\/\/igaming.org\/site\/betus\/\" title=\"BetUS\" target=\"_blank\" rel=\"nofollow\">BetUS<\/a>\n\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-terms box-25 relative\">\n<div class=\"space-org-3-item-terms-ins box-100 text-center relative\">\n\t\t<strong><strong>Get 125% \/ $2,500 on 1st deposit!<\/strong><\/strong><br \/>\n\t\t<\/p>\n<div class=\"pt-1\">New players only. Exclusive Welcome Bonus of up to $2,500<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-rating box-25 relative mb-10\">\n<div class=\"rating-box text-center box-100  relative\">\n<div class=\"space-org-3-item-rating-box relative\">\n<div class=\"stars\"><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><\/div>\n<div class=\"space-org-rating-notice relative\">Casino &#038; Sports<\/div>\n<\/p><\/div>\n<p>\t\n\t\t\t\t <\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-button box-25 relative\">\n<div class=\"space-org-3-item-button-ins box-100 text-center relative\">\n\t\t\t\t<a href=\"https:\/\/igaming.org\/site\/betus\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow\">\tVisit Site<\/a>\n\t\t\t<\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><em>\u201cThe growth was driven by strong play from our high-value and core customer groups. We are particularly pleased with the results at the Nugget, which saw an increase in Adjusted EBITDAR of 93% compared to the first quarter of 2025.\u201d<\/em><\/p>\n<p>Operating earnings also improved in the core regions. US Midwest rose 23% to $11.8 million, Canada increased 27% to $4.3 million, and US East reached $1.5 million, up from $435,000. US West cut its operating loss to $2 million from $2.7 million.<\/p>\n<p>Adjusted EBITDAR reached $15.6 million in US Midwest, $5.4 million in US East, $1.4 million in US West, and $5.5 million in Canada. Poland fell 8% to $505,000 and recorded an operating loss of $177,000.<\/p>\n<p>Century Casinos had $60 million in cash and cash equivalents at quarter-end, down from $68.9 million at the end of 2025. Outstanding debt stood at $336.7 million, slightly below $337.7 million on December 31.<\/p>\n<p>The company also reported a $712.0 million long-term financing obligation tied to its master lease with subsidiaries of VICI Properties. Its Consolidated First Lien Net Leverage Ratio exceeded 5.50 to 1.00 at the end of March, though no revolving loans, swingline loans, or letters of credit were outstanding under the Goldman Sachs Bank USA credit agreement.<\/p>\n<p>The post <a href=\"https:\/\/igaming.org\/casino-news\/century-casinos-q1-revenue-jumps-to-137-2-million\/\">Century Casinos Q1 Revenue Jumps To $137.2 Million<\/a> appeared first on <a href=\"https:\/\/igaming.org\/\">iGaming.org<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Century Casinos reported higher first-quarter revenue, stronger operating earnings, and a smaller net loss as North American properties delivered better results. Good to Know Net operating revenue rose 5% to $137.2 million in Q1 2026. Adjusted EBITDAR increased 24% to $24.9 million. Net loss narrowed to $16.5 million from $20.6 million a year earlier. Century [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"footnotes":""},"categories":[],"tags":[],"class_list":["post-10757","post","type-post","status-publish","format-standard","hentry"],"blocksy_meta":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/10757","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/comments?post=10757"}],"version-history":[{"count":0,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/10757\/revisions"}],"wp:attachment":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/media?parent=10757"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/categories?post=10757"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/tags?post=10757"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}