Core Viewpoint - Century Casinos, Inc. has entered a long-term agreement with BetMGM to introduce BetMGM's sports betting platform in Missouri, enhancing its market presence and revenue potential [1][2][3]. Group 1: Agreement Details - BetMGM will operate an online and mobile sports betting application under Century's license in Missouri, including a percentage of net gaming revenue payable to Century with a guaranteed minimum [2]. - The agreement also allows for retail sportsbook options to be exercised at Century's discretion [2]. Group 2: Company Statements - Century Casinos' Co-CEOs expressed excitement about the partnership with BetMGM, highlighting it as a step forward in leveraging their Missouri licenses and providing premium entertainment experiences [3]. - The agreement is contingent upon obtaining all necessary gaming licenses and regulatory approvals [3]. Group 3: Company Overview - Century Casinos operates various casino entertainment properties across the United States, Canada, and Poland, with a focus on expanding its portfolio [5]. - The company trades on The Nasdaq Capital Market under the symbol CNTY [6].

Transformational Bet.WorksAcquisition & Sinclair Broadcast Group Partnership November 19, 2020 © Bally's Corporation 2020 – All rights reserved Forward-Looking Statements — Bally's Corporation This presentation contains "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. All statements, other than historical facts, including future fi ...

Core Viewpoint - DraftKings has lowered its revenue guidance for 2025 and missed first-quarter revenue estimates, but the company still shows potential for growth despite recent challenges [4][5][10]. Group 1: Financial Performance - DraftKings reported revenue of just over $1.4 billion for the first quarter, reflecting a growth rate of 20%, which was slightly below the nearly 22% growth anticipated by analysts [4]. - The company has lowered its revenue guidance for 2025 to approximately $6.3 billion, a decrease of $150 million from previous estimates [5]. - Monthly unique payers (MUPs) have increased significantly from about 900,000 at the end of 2020 to 4.3 million in the most recent quarter, indicating strong user growth [2][13]. Group 2: Market Reactions and Analyst Outlook - Despite the lowered guidance, DraftKings' stock rose over 2% after the earnings release, suggesting that investor sentiment remains relatively stable [11]. - The average drop in price targets among analysts was less than 1%, with new price targets averaging over $55 per share, indicating a potential upside of 55% compared to the closing price on May 21 [12]. - Analysts maintain a Moderate Buy rating for DraftKings, reflecting confidence in the company's long-term prospects despite recent setbacks [15]. Group 3: Industry Context and Future Potential - The March Madness betting outcomes negatively impacted DraftKings, as higher-seeded teams won 82% of the time, leading to significant losses for the company [10]. - The company expects its adjusted gross margin to increase by 300 basis points in 2025 compared to 2024, indicating potential for improved profitability [13]. - DraftKings currently operates online sports betting in about half of the U.S. states, presenting substantial opportunities for future expansion [14].