Century Casinos aims to reduce leverage significantly by year-end while limiting capital expenditures to $15M for 2026.
Century Casinos Inc. (CNTY) outlined plans to lower its net debt-to-EBITDA ratio well below 6x by the end of the year. The company set its capital expenditure budget for 2026 at $15M during its Q2 2026 earnings call.
Management emphasized the focus on debt reduction amid prior leverage concerns. The $15M CapEx figure reflects a disciplined approach to spending, aligning with broader cost-control measures.
No immediate market reaction was disclosed in the call summary.