Haitzmann, Good call. and call With the Margaret Casinos, co-CEO Emily. Vice our joining of President are you our and Finance, Erwin Century of earnings me Chairman well morning, you, as thank Executive everyone, Stapleton. for my as Thank on the
to a risk update a future otherwise. whether SEC forward-looking review or may revise remind various the materially Before involves filings. encourage provide risks in factors forward-looking of a events to result we statements, The as cause results be differ and detailed you We the statements. that to to filings actual begin, our information, no we of of like discussing undertakes our will discussion new from number and you or that we'd these obligation forward-looking which company uncertainties information,
refer In measures the news of EBITDA. several SEC in to investor non-GAAP addition, financial non-GAAP adjusted filings, our at release to section our appropriate cnty.com. call, performance measures our including, to, in website Reconciliations available our not be liquidity found the throughout limited we and but of measures, can and GAAP
provide a for second of XXXX. the brief company's the financial results review quarter now I'll
a be session. Following remarks, there the prepared will Q&A
nonrecurring and aboard and the which Sea, has related Well, Adjusted with revenue in cruise was for to that operating EBITDA but connection very this up Chinese future. the in casino increased very expenses an was us. vessel another good stopped $XXX,XXX includes XX%. quarter write-down active Net operating the by uncertain Glory XX%
that's quarter last $X.X would million Excluding than EBITDA the adjusted higher XX% I is that, what year. actually and call real for
the XX% generating our strongest XX% XX%. local revenue. our EBITDA by revenues and by now, grew In operations of For remains Canadian consolidated adjusted segment, Canada currency,
came newly growth and in Racetrack Casino the Century expected, South from that Edmonton. opened Mile of most As
in Calgary initial that's with our with good very successful and pleased facility sign very its ambitious generated at that's XX% in performance. very expectations. the Century than is revenue a Downs are Revenue line We higher our
about with potential, casino, to the new the increasing have any to the higher its facility. but we side penetration It year will is new a a another it expense able more margin. reach market the casino, few of with after potential Edmonton expenses we to normal As the of get Greater same be initially to takes full generate three quarters-or-so in of operating meaning that quarters,
and between races leveraging and Century a wagering companies. sharing the the our We're further synergies other the racing by broadening of and by two operations also properties reduction Western the of reach Canada for cost creating two in to working sale Alberta in for brand brand of and on networks and creating advanced stronger OTP Canadian contracted racetracks, services Century deposit racing a
operate own EBITDA The basis. the other and Albert, Greater the Edmonton adjusted in X% Hotel combined Century and Edmonton grew and we Century St. by two X% market, and revenues a the casinos on by Casino Casino
combined revenue now Downs. expansion In a XX%. of and Downs Adjusted approvals of better of Casino, by generated necessary started growth and Century even Racetrack our XX% and Calgary, the We've performed floor Century and XX%. all at properties, for increased EBITDA Century gaming construction Casino two received
our solid conditions, further and properties machines. a outlook due well. X% tourist increased EBITDA and Cripple loyal our great two market. Colorado City in as Total maintained additional the growth a end CapEx will Century million, and in the slot properties, expansion open a of to be and plan up We by economic X% In regional positioning before did new approximately business that very bar market positive and was and well U.S., Both Creek that increased the following and in with and share. respective their we project have $X.X a in to strong revenues year adjusted operations
local more of up games We last and both the increased growth slots revenue year, all In and was at in QX casinos Poland, than operation came in currency. XX% more from EBITDA to tenfold. the the compared three table locations. had
During quarter, the regulars. by flagship floor very gaming at at Casino the our expanded the was well in Warsaw, received operation, Marriott Hotel we our the which
a In third addition, we a Warsaw month. we have live for license go next that in been casino granted
little year $XXX,XXX. a In a the but did showed at EBITDA U.K., casino last still disappoint. loss the Bath compared of improved to
the tough the the We and as is in regarding a outlook data by business general being laundering, of throughout U.K. hampered midst responsibility protection. anti-money change gaming regulations management remains challenging are there. The social
but received any have operation a of us to that that if anything to if early go it's we selling possibility tell few actually that We inquiries of and will too route. the lead about
a liquidity. and at Now quick look balance sheet our
in X.X while million $XX debt-to-adjusted X.X. outstanding is ratio debt-to-adjusted cash and $XX ratio EBITDA is have net We the and million Total debt. cash EBITDA equivalents in
Our spent Mile Bank to $X.XX. includes debt of share related in land and increased in existing quarter for CapEx million credit operation Century Poland. long-term X.X% agreement, $X million $X.X related $XX Europe. or million our mainly Montreal lease over book The to $XX million during on Downs per to of and the Century was revenues, the value
the Luck stable These and strong Resort Missouri; Cumberland, New with Mountaineer a and regional track EBITDA. Casino, Missouri; Isle growing The each in at lease Casino for Properties the impressively the operations Girardeau, record was of three from VICI are casino big underlying acquisition West casinos $XXX Resorts enjoying estate our under producing solid multiple. in Racetrack would casinos the to news are X.X Caruthersville, long position I quarter, million is a Cape Lady leasing accretive assets quality each revenue and Virginia. and announcement million buying the in and obviously, for gaming in about Cape markets, acquisition real call leading Caruthersville three of and what $XXX triple-net Girardeau us The Casino this three it Eldorado agreements. the master an long-term and
acquisitions, after our is underlines pretty these the rent EBITDA $XX net size in operating statement. the are to That $XXX nature approximately million approximately million our transformational truly and With and much deal. this of of revenue company expenses adding that we in adjusted doubles and income
to regulatory our stable markets, three enhance and close in small transaction Managers, and group together a another just flows They than criteria. Erwin, business Senior tour XXXX. management that generating North they reduce customer. is so completed all West ever. These mid-market improvement three local Missouri scale back and midsized of and our operating optimistic to for in cash small our Operations local came significantly early stable incremental expenses. and more with They of approval casinos to and provide is years. to gaming meet and as They conditions volumes and teams Great closing customary the properties, properties subject not The opportunities increase strong as exciting, growth drive operational great well are operations many been opportunities the expected America. presence through have Virginia and target in
On of EBITDAR, three around Canada; be with would gaming rooms revenue eight five XXX a $XX XXX $XX million. and we adjusted gaming horse in total X,XXX $XXX around and in adjusted U.S.; the five EBITDA, casinos hotel tables, pro machines, a million, in Net Europe, around have racetracks. million forma operating basis, and
We due volumes properties. Racetrack Casino, in those the Going $XXX to expand synergies new existing had a Century have business and $XXX to $XXX financed strong will expect through million transaction we with Poland facility and term X.X, loan efforts and and also all million already debt amounts of grow BMO. bank Mile have and newly-acquired respectively. operating rationalizing forward, resulting a to facility to cost expenses we'll reductions in commitment. margins a net basis, and realize we we our On forma promotional existing out debt have pro total and X.X of multiples the in of for take leveraged which million, with This debt this
America gaming ample further should Our provide healthy. opportunities, conservative great together to capitalization, trends and North in operating regional capacity remain strong a with REITs as relationships us especially pursue gaming growth with performance
another session. sums busy I can and much we pretty very successful that you thank very attention, Okay, and now up Q&A the for your quarter. active, start
Emily, please?
