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SEC filingCentury Casinos reported record Q1 2026 net operating revenue of $137.2 million, up 5% YoY, with earnings from operations rising 65% to $11.8 million.
Century Casinos, Inc. reported its first quarter 2026 financial results, achieving an all-time record for first-quarter net operating revenue of $137.2 million, a 5% increase compared to $130.4 million in the same period last year. Earnings from operations surged 65% to $11.8 million from $7.1 million, driven by strong performance across all North American segments. Adjusted EBITDAR, a key non-GAAP measure, rose 24% to $24.9 million from $20.2 million. The company highlighted that the Nugget property saw a remarkable 93% increase in Adjusted EBITDAR compared to Q1 2025. Net loss attributable to shareholders improved 20% to ($16.5 million) from ($20.6 million), with basic and diluted loss per share of ($0.58) versus ($0.67) a year ago. Management attributed the growth to strong play from high-value and core customer groups. On the balance sheet, cash and equivalents decreased to $60.0 million from $68.9 million at year-end 2025, while total debt remained relatively flat at $336.7 million. The company also noted a $712.0 million long-term financing obligation under its master lease with VICI Properties. No forward guidance was provided in the release.