{"id":9095,"date":"2025-05-12T23:55:52","date_gmt":"2025-05-12T23:55:52","guid":{"rendered":"https:\/\/slategray-wallaby-310340.hostingersite.com\/index.php\/2025\/05\/12\/century-casinos-q1-revenue-drops-to-130-4-million-with-margin-held\/"},"modified":"2025-05-12T23:55:52","modified_gmt":"2025-05-12T23:55:52","slug":"century-casinos-q1-revenue-drops-to-130-4-million-with-margin-held","status":"publish","type":"post","link":"https:\/\/casino-online-best.com\/index.php\/2025\/05\/12\/century-casinos-q1-revenue-drops-to-130-4-million-with-margin-held\/","title":{"rendered":"Century Casinos Q1 Revenue Drops to $130.4 Million With Margin Held"},"content":{"rendered":"<div>\n<p>Century Casinos opened 2025 with a quieter quarter, showing a dip in revenue and earnings, but executives remain optimistic about cost controls, new venues, and international expansion. Despite some early headwinds, the company looks to rebound in the coming months with less spending and improved cash flow.<\/p>\n<hr>\n<p><em><strong>Good to know<\/strong><\/em><\/p>\n<ul>\n<li><em><strong>Century Casinos reported Q1 2025 revenue of $130.4 million, down 4%.<\/strong><\/em><\/li>\n<li><em><strong>Adjusted EBITDAR fell 5% year-over-year to $20.2 million.<\/strong><\/em><\/li>\n<li><em><strong>A second casino license in Wroclaw, Poland, was secured in March.<\/strong><\/em><\/li>\n<\/ul>\n<hr>\n<p>Net operating revenue came in at $130.4 million in the first quarter of 2025, marking a 4% decline from the same period in 2024. Earnings from operations dropped even further, down 14% year-over-year to $7.1 million.<\/p>\n<p>The decline was partly due to weather disruptions across North America, the loss of one operating day compared to Q1 2024, and the end of high-margin sports betting revenue in Colorado.<\/p>\n<p>Still, the company held its adjusted EBITDAR margin steady, thanks largely to cost-cutting strategies\u2014especially at the Nugget, which performed better than expected for what is typically a tough quarter.<\/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\/katsubet-casino\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow\"><br \/>\n\t\t<amp-img alt=\"Katsubet\" src=\"https:\/\/igaming.org\/wp-content\/uploads\/2023\/01\/Katsubet.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\/katsubet-casino\/\" title=\"Katsubet\" target=\"_blank\" rel=\"nofollow\">Katsubet<\/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>5BTC or 111% + 111 Free Spins!<\/strong><br \/>\n\t\t<\/p>\n<div class=\"pt-1\">New players only. Exclusive 111% Welcome Bonus  + 111 Free Spins<\/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<\/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\/katsubet-casino\/\" 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>Co-CEOs Erwin Haitzmann and Peter Hoetzinger addressed the results in a joint statement:<\/p>\n<p><em>\u201cWe were able to maintain the Adjusted EBITDAR margin from the first quarter of 2024 despite decreased revenue from weather impacts throughout North America, one fewer operating day compared to 2024 and the loss of high margin sports betting revenue in Colorado. This is due primarily to successful cost cutting strategies at the Nugget, which generated positive Adjusted EBITDAR in what typically is the most challenging quarter for the property.\u201d<\/em><\/p>\n<h2>Caruthersville launch and capex outlook<\/h2>\n<p>Century Casinos also highlighted early results from its new property in <a href=\"https:\/\/igaming.org\/casino-news\/century-casinos-transforms-caruthersville-with-new-land-based-casino-and-hotel-opening\/\">Caruthersville, Missouri<\/a>. Opened in November 2024, the casino is showing positive traction, according to leadership.<\/p>\n<p>The company expects to cut back on capital spending throughout the rest of 2025. Much of the heavy investment took place in Q1 to wrap up ongoing projects. With fewer expenses planned, the firm anticipates a stronger cash position going forward.<\/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\/katsubet-casino\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow\"><br \/>\n\t\t<amp-img alt=\"Katsubet\" src=\"https:\/\/igaming.org\/wp-content\/uploads\/2023\/01\/Katsubet.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\/katsubet-casino\/\" title=\"Katsubet\" target=\"_blank\" rel=\"nofollow\">Katsubet<\/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>5BTC or 111% + 111 Free Spins!<\/strong><br \/>\n\t\t<\/p>\n<div class=\"pt-1\">New players only. Exclusive 111% Welcome Bonus  + 111 Free Spins<\/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<\/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\/katsubet-casino\/\" 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>\u201cWe expect quarterly capital expenditures to decrease for the remainder of 2025 as we spent proportionally more in the first quarter,\u201d<\/em> they said.<\/p>\n<p><em>\u201cWith overall capital expenditures substantially lower in 2025 due to the completion of our capital projects and properties such as Caruthersville open and operating, we anticipate cash generation and our cash position to improve during the remainder of 2025 and into 2026.\u201d<\/em><\/p>\n<h2>Poland expansion still on track<\/h2>\n<p>In March, Century Casinos secured a second license for a new casino in Wroclaw, Poland. The company plans to launch the venue in the fourth quarter of 2025. This expansion adds to its existing European footprint and reflects its ongoing focus on international growth.<\/p>\n<p>The post <a href=\"https:\/\/igaming.org\/casino-news\/century-casinos-q1-2025-revenue\/\">Century Casinos Q1 Revenue Drops to $130.4 Million With Margin Held<\/a> appeared first on <a href=\"https:\/\/igaming.org\/\">iGaming.org<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Century Casinos opened 2025 with a quieter quarter, showing a dip in revenue and earnings, but executives remain optimistic about cost controls, new venues, and international expansion. Despite some early headwinds, the company looks to rebound in the coming months with less spending and improved cash flow. Good to know Century Casinos reported Q1 2025 [&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-9095","post","type-post","status-publish","format-standard","hentry"],"blocksy_meta":{"styles_descriptor":{"styles":{"desktop":"","tablet":"","mobile":""},"google_fonts":[],"version":6}},"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 5.0.2.1 - aioseo.com -->\n\t<meta name=\"description\" content=\"Century Casinos opened 2025 with a quieter quarter, showing a dip in revenue and earnings, but executives remain optimistic about cost controls, new venues, and international expansion. Despite some early headwinds, the company looks to rebound in the coming months with less spending and improved cash flow. Good to know Century Casinos reported Q1 2025\" \/>\n\t<meta name=\"robots\" content=\"max-image-preview:large\" \/>\n\t<meta name=\"author\" content=\"Casino Online Best\"\/>\n\t<link rel=\"canonical\" href=\"https:\/\/casino-online-best.com\/index.php\/2025\/05\/12\/century-casinos-q1-revenue-drops-to-130-4-million-with-margin-held\/\" \/>\n\t<meta name=\"generator\" content=\"All in One SEO (AIOSEO) 5.0.2.1\" \/>\n\t\t<meta property=\"og:locale\" content=\"en_US\" \/>\n\t\t<meta property=\"og:site_name\" content=\"Best Online Casinos - News about Online Casinos\" \/>\n\t\t<meta property=\"og:type\" content=\"article\" \/>\n\t\t<meta property=\"og:title\" content=\"Century Casinos Q1 Revenue Drops to $130.4 Million With Margin Held - Best Online Casinos\" \/>\n\t\t<meta property=\"og:description\" content=\"Century Casinos opened 2025 with a quieter quarter, showing a dip in revenue and earnings, but executives remain optimistic about cost controls, new venues, and international expansion. 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Good to know Century Casinos reported Q1 2025","canonical_url":"https:\/\/casino-online-best.com\/index.php\/2025\/05\/12\/century-casinos-q1-revenue-drops-to-130-4-million-with-margin-held\/","robots":"max-image-preview:large","keywords":"","webmasterTools":{"miscellaneous":""},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"BlogPosting","@id":"https:\/\/casino-online-best.com\/index.php\/2025\/05\/12\/century-casinos-q1-revenue-drops-to-130-4-million-with-margin-held\/#blogposting","name":"Century Casinos Q1 Revenue Drops to $130.4 Million With Margin Held - Best Online Casinos","headline":"Century Casinos Q1 Revenue Drops to $130.4 Million With Margin Held","author":{"@id":"https:\/\/casino-online-best.com\/index.php\/author\/c-and-c-media\/#author"},"publisher":{"@id":"https:\/\/casino-online-best.com\/#organization"},"datePublished":"2025-05-12T23:55:52+00:00","dateModified":"2025-05-12T23:55:52+00:00","inLanguage":"en-US","mainEntityOfPage":{"@id":"https:\/\/casino-online-best.com\/index.php\/2025\/05\/12\/century-casinos-q1-revenue-drops-to-130-4-million-with-margin-held\/#webpage"},"isPartOf":{"@id":"https:\/\/casino-online-best.com\/index.php\/2025\/05\/12\/century-casinos-q1-revenue-drops-to-130-4-million-with-margin-held\/#webpage"}},{"@type":"BreadcrumbList","@id":"https:\/\/casino-online-best.com\/index.php\/2025\/05\/12\/century-casinos-q1-revenue-drops-to-130-4-million-with-margin-held\/#breadcrumblist","itemListElement":[{"@type":"ListItem","@id":"https:\/\/casino-online-best.com\/#listItem","position":1,"name":"Home","item":"https:\/\/casino-online-best.com\/","nextItem":{"@type":"ListItem","@id":"https:\/\/casino-online-best.com\/index.php\/2025\/05\/12\/century-casinos-q1-revenue-drops-to-130-4-million-with-margin-held\/#listItem","name":"Century Casinos Q1 Revenue Drops to $130.4 Million With Margin Held"}},{"@type":"ListItem","@id":"https:\/\/casino-online-best.com\/index.php\/2025\/05\/12\/century-casinos-q1-revenue-drops-to-130-4-million-with-margin-held\/#listItem","position":2,"name":"Century Casinos Q1 Revenue Drops to $130.4 Million With Margin Held","previousItem":{"@type":"ListItem","@id":"https:\/\/casino-online-best.com\/#listItem","name":"Home"}}]},{"@type":"Organization","@id":"https:\/\/casino-online-best.com\/#organization","name":"Best Online Casinos","description":"News about Online Casinos","url":"https:\/\/casino-online-best.com\/"},{"@type":"Person","@id":"https:\/\/casino-online-best.com\/index.php\/author\/c-and-c-media\/#author","url":"https:\/\/casino-online-best.com\/index.php\/author\/c-and-c-media\/","name":"Casino Online Best","image":{"@type":"ImageObject","@id":"https:\/\/casino-online-best.com\/index.php\/2025\/05\/12\/century-casinos-q1-revenue-drops-to-130-4-million-with-margin-held\/#authorImage","url":"https:\/\/secure.gravatar.com\/avatar\/aea35efa16ab25f562b2cf968e6f8b5a7b924961b1e74651e01522ac09ec2106?s=96&d=mm&r=g","width":96,"height":96,"caption":"Casino Online Best"}},{"@type":"WebPage","@id":"https:\/\/casino-online-best.com\/index.php\/2025\/05\/12\/century-casinos-q1-revenue-drops-to-130-4-million-with-margin-held\/#webpage","url":"https:\/\/casino-online-best.com\/index.php\/2025\/05\/12\/century-casinos-q1-revenue-drops-to-130-4-million-with-margin-held\/","name":"Century Casinos Q1 Revenue Drops to $130.4 Million With Margin Held - Best Online Casinos","description":"Century Casinos opened 2025 with a quieter quarter, showing a dip in revenue and earnings, but executives remain optimistic about cost controls, new venues, and international expansion. Despite some early headwinds, the company looks to rebound in the coming months with less spending and improved cash flow. Good to know Century Casinos reported Q1 2025","inLanguage":"en-US","isPartOf":{"@id":"https:\/\/casino-online-best.com\/#website"},"breadcrumb":{"@id":"https:\/\/casino-online-best.com\/index.php\/2025\/05\/12\/century-casinos-q1-revenue-drops-to-130-4-million-with-margin-held\/#breadcrumblist"},"author":{"@id":"https:\/\/casino-online-best.com\/index.php\/author\/c-and-c-media\/#author"},"creator":{"@id":"https:\/\/casino-online-best.com\/index.php\/author\/c-and-c-media\/#author"},"datePublished":"2025-05-12T23:55:52+00:00","dateModified":"2025-05-12T23:55:52+00:00"},{"@type":"WebSite","@id":"https:\/\/casino-online-best.com\/#website","url":"https:\/\/casino-online-best.com\/","name":"Best Online Casinos","description":"News about Online Casinos","inLanguage":"en-US","publisher":{"@id":"https:\/\/casino-online-best.com\/#organization"}}]},"og:locale":"en_US","og:site_name":"Best Online Casinos - News about Online Casinos","og:type":"article","og:title":"Century Casinos Q1 Revenue Drops to $130.4 Million With Margin Held - Best Online Casinos","og:description":"Century Casinos opened 2025 with a quieter quarter, showing a dip in revenue and earnings, but executives remain optimistic about cost controls, new venues, and international expansion. Despite some early headwinds, the company looks to rebound in the coming months with less spending and improved cash flow. Good to know Century Casinos reported Q1 2025","og:url":"https:\/\/casino-online-best.com\/index.php\/2025\/05\/12\/century-casinos-q1-revenue-drops-to-130-4-million-with-margin-held\/","article:published_time":"2025-05-12T23:55:52+00:00","article:modified_time":"2025-05-12T23:55:52+00:00","twitter:card":"summary","twitter:title":"Century Casinos Q1 Revenue Drops to $130.4 Million With Margin Held - Best Online Casinos","twitter:description":"Century Casinos opened 2025 with a quieter quarter, showing a dip in revenue and earnings, but executives remain optimistic about cost controls, new venues, and international expansion. Despite some early headwinds, the company looks to rebound in the coming months with less spending and improved cash flow. 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