21st Century Metals Inc. (Legacy) / Special Assets (XXI)
Century Casinos, Inc. (XXI) is a global casino entertainment company that owns and operates a diverse portfolio of gaming and hospitality facilities. Led by Co-CEOs Erwin Haitzmann and Peter Hoetzinger, Century Casinos’ strategic mission is to "deliver exceptional entertainment experiences while maximizing long-term shareholder value through disciplined growth and operational excellence." The company holds a distinct industry position as a "Mid-Market Leader," focusing on regional gaming markets in the United States, Canada, and Poland. Century Casinos’ vision is to continue its measured expansion by acquiring underperforming assets and transforming them through capital investment and localized management. By late 2025, XXI stock has seen a "Strategic Revaluation," following the successful completion and opening of its flagship land-based casino in Missouri, which has redefined the company’s earnings potential.
The business operations of Century Casinos are characterized by a geographically diversified revenue stream. The company’s core business includes the operation of numerous casinos in Missouri, West Virginia, Colorado, and Maryland, as well as several properties in Alberta, Canada, and a majority interest in Casinos Poland. In fiscal 2025, Century Casinos reported record-breaking revenue in its Missouri operations, with the new Caruthersville land-based casino delivering a 24% increase in revenue and a 30% surge in EBITDAR. The 2026 strategic roadmap focuses on "The Digital Pivot," particularly through its partnership with BetMGM for online and mobile sports betting in Missouri, which is expected to be a major financial contributor. According to the 2025 Investor Update, the company has successfully transitioned to being cash-flow positive, with a net debt-to-EBITDA ratio improving to 6.2x. Century Casinos maintains a significant market share in its local jurisdictions, leveraging its "Player Loyalty" programs and newly renovated facilities to drive foot traffic. Future growth is projected through the "Nugget Casino Expansion" and the continued recovery of its Canadian and Polish operations, which saw EBITDA growth of 306% in the Polish segment during 2025. By maintaining no debt maturities until 2029, Century Casinos has the financial flexibility to pursue opportunistic acquisitions in the North American regional gaming sector.
The XXI stock is listed on the NASDAQ Capital Market under the ticker symbol XXI (historically associated with CNTY). For investors monitoring the XXI stock price, the company represents a "Growth at a Reasonable Price" opportunity in the gaming sector. The Century Casinos Inc stock has attracted attention in 2025 for its strong "Operating Margins" and the successful execution of its Missouri expansion projects. The XXI stock price is influenced by regional economic trends and the regulatory landscape for sports betting and gaming licenses. Analysts tracking the Century Casinos stock highlight the "Free Cash Flow Generation" and the company’s aggressive share buyback program, which saw over 400,000 shares repurchased in mid-2025. Investors seeking exposure to the regional casino market often look to the XXI stock price as a reflection of consumer discretionary strength in the U.S. and Canada. As the company integrates its recent acquisitions and ramps up its digital offerings, the XXI stock remains a compelling story for value-oriented gaming investors.